The former Million Air FBO facility at New Orleans Lakefront Airport that was destroyed by Hurricane Katrina in August 2005 will officially rise from the ashes tomorrow when Odyssey Aviation opens its new 30,000-sq-ft complex. Although the name is different, the FBO is under the same ownership; the Cincinnati-headquartered FBO group rebranded its seven FBOs from Million Air to Odyssey Aviation in 2008.
AINalerts » March 9, 2010
AgustaWestland parent company Finmeccanica on Friday disclosed its 2009 results, showing increased deliveries but slashed orders for the Anglo-Italian helicopter manufacturer. Revenues grew by 15 percent to €3.48 billion (about $4.7 billion) in 2009. This was influenced by robust deliveries of AW139 medium and AW101 heavy helicopters, as well as product support results, the company said. The pre-tax earning margin stagnated at 10.7 percent.
The European Business Aviation Association (EBAA) has called on the U.S. government to extend the pre-clearance option now in effect at Ireland’s Shannon International Airport to business aircraft operated under commercial rules. Pre-clearance of business aircraft for U.S.
The FAA’s long-promised April 10 release of its ADS-B final rule appears to have hit two bureaucratic stumbling blocks. For the agency to complete the process, the White House Office of Management and Budget (OMB) must sign off on the program’s financial aspects, an activity that usually takes 90 days.
Final agreement over the way the European Union’s new “common basic standards for aviation security” are implemented in the UK will not be achieved by the existing April 29 deadline and could well be delayed at least until late June due to the country’s general election, which is widely expected to be held on May 6.
The FAA said in its annual aviation forecast this morning that key airspace safety and modernization efforts contained in the Next Generation Air Transportation System will play a vital role in spurring long-term sustained growth in air travel and the nation’s overall economic health.