AINalerts » September 20, 2007

September 20, 2007 - 12:20pm

The NTSB this week finally released initial factual information about the Flight Options Beechjet 400A that experienced a dual engine flameout on Nov. 28, 2005. Both of the airplane’s Pratt & Whitney Canada JT15D-5 turbofans, which had been inspected 31 hours earlier, failed on a positioning flight to Marcos Island, Fla., when power was reduced after the fractional jet was cleared to descend to FL330 from FL380.

September 20, 2007 - 12:20pm

Aspen Executive Air (AEXJet), an ARG/US Platinum-rated charter operator, voluntarily filed for Chapter 11 bankruptcy protection last week in the U.S. Bankruptcy Court, District of Delaware. The petition lists up to $100 million in liabilities, with more than 200 creditors.

September 20, 2007 - 12:19pm

The Reason Foundation has assembled a group of nine “leading aviation experts”–including former DOT Secretary Jim Burnley, former FAA Administrator Langhorne Bond and former NBAA president Jonathan Howe–that is calling for “significant changes” to the U.S. ATC system.

September 20, 2007 - 12:17pm

A soon-to-be-released very light jet forecast from PMI Media estimates that 7,650 VLJs, worth some $18.36 billion, will be delivered between 2007 and 2016. “We are predicting 2007 deliveries of VLJs to be around the 200 mark, up from our 2006 forecast of 175.

September 20, 2007 - 12:16pm

Forecast International yesterday released a prediction that 14,978 business jets, worth some $192 billion, will be manufactured between 2007 and 2016. The Connecticut-based market research firm estimates that very light jets will account for 39 percent, or 5,783, of business jet deliveries during the time frame.

September 20, 2007 - 12:14pm

The House of Representatives this afternoon approved an FAA reauthorization bill that raises the tax on jet-A from 21.8 to 35.9 cents a gallon and the tax on avgas from 19.3 to 24.1 cents a gallon. To the relief of general aviation, it contains no user fees and no concessions to the airlines. The airline taxes–including 7.5 percent on tickets and 4.3 cents a gallon on jet fuel–will remain at existing levels.

 

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