AINalerts » March 26, 2009

March 26, 2009 - 11:53am

Last week, the city of Santa Monica, Calif., was defending its stance on trying to keep larger jets from using Santa Monica Airport at an FAA Part 16 hearing in Long Beach. The Part 16 process is used to address complaints against federally assisted airports like Santa Monica. In this case, the FAA instituted the Part 16 process.

March 26, 2009 - 11:52am

Half-year financial results published yesterday by charter broker Air Partner confirm the widespread perception that the business aircraft charter sector has taken a big hit from the global financial crisis. The UK-based group’s total sales (also including passenger airliner and freight charters) for the six-month period ending on Jan.

March 26, 2009 - 11:50am

In the ongoing effort to morph the Next Generation Air Transportation System (NextGen) into a “NowGen,” equipage by users keeps cropping up as one of the main stumbling blocks to implementing many NextGen benefits in the next three to five years.

March 26, 2009 - 11:49am

Directional Capital, an investment firm led by Flight Options chairman Kenn Ricci, private-equity firm Resilience Capital Partners and “key members” of the Flight Options management team have made an additional investment in fractional provider Flight Options. H.I.G. Capital, which acquired the Cleveland-based company in November 2007, also remains an investor, but to what degree remained unknown at press time.

March 26, 2009 - 11:44am

The Pilatus PC-12 that crashed Sunday afternoon in Butte, Mont., was configured with only 10 seats, but under FAR Part 91 it might have been legal to carry the seven adults and seven children aboard the turboprop single, according to aviation attorney Randy Davis. All 14 died when the airplane “nosed in” while on short approach to Bert Mooney Airport.


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