NBAA president and CEO Ed Bolen yesterday testified during a Senate aviation subcommittee hearing on FAA reauthorization that the general aviation community remains committed to NextGen. “For years, general aviation has been at the forefront of our nation’s modernization effort,” he said.
AINalerts » May 14, 2009
In Hawker Beechcraft’s (HBC) 10-Q quarterly report that was released last week, the Wichita-based company revealed that it is engaged in a dispute with Airbus over manufacture of Hawker airframe components. According to Hawker Beechcraft’s SEC filing, the European aircraft manufacturer submitted a request for arbitration, alleging “that [HBC] breached its obligations under the airframe purchase and support agreement dated Aug.
Although business aircraft flight activity in April declined 18.8 percent year-over-year, it was down just 1.86 percent compared with March, according to ARG/US TraqPak data released yesterday. Since activity is historically lower in April than it is in March, according to ARG/US, this could be considered good news, relatively speaking.
Bombardier told AIN yesterday at EBACE that development of the “clean sheet” all-composite Bombardier Learjet 85 continues on track for entry-into-service in 2013. The company is using its new production facility in the Queretaro Aerospace Park in Mexico to fabricate the composite structure for the Learjet 85, which is expected to become the first certified all-composite Part 25 business jet.
The change in mood within the business aviation industry since the EBACE show last year truly beggars belief. Since September the financial crisis–severely hurting some of the industry’s best customers, the bankers–has been one kick in the teeth after another. Despite that, the mood at EBACE in Geneva this week has certainly not been desperate.