AINalerts » March 26, 2007

April 26, 2007 - 10:38am

The FAA last week issued an Unapproved Parts Notification for George Myles and his company, Miles Aviation of Pompano Beach, Fla., nearly a month after a U.S. District Court sentenced Myles to a 76-month prison term. He was convicted of falsifying documents about parts he sold to various customers, both civilian and military.

April 26, 2007 - 10:36am

Revenue at Gulfstream Aerospace increased 18.7 percent in the first quarter of this year over the first quarter of last year, operating earnings grew 19.3 percent and backlog revenue increased 9.8 percent on the strength of a “very robust order book,” according to Nicholas Chabraja, chairman and CEO of parent company General Dynamics.

April 26, 2007 - 10:35am

A recently posted FAA Fact Sheet aimed at curbing the alleged myths about the agency’s funding proposal has been strongly criticized by a coalition of general aviation interests as being far from factual.

April 26, 2007 - 10:34am

NBAA president and CEO Ed Bolen said this morning at a regional forum in White Plains, N.Y., that the airlines are being given a “sweetheart deal” and the user-fee fight is far from over. His remarks come three days after the FAA published a Fact Sheet purporting to debunk myths charged by GA surrounding its funding proposals (see story below).

April 26, 2007 - 10:33am

London-based BBA Aviation disclosed today it has reached a definitive agreement to acquire Executive Beechcraft, including its four full-service FBOs and their associated maintenance services and charter/management businesses, as well as aircraft sales activities and all aircraft inventory. Executive Beechcraft was founded in 1938 by Dan Meisinger Sr. and is currently owned by members of the Meisinger family.


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