Boeing Business Jet officials in Seattle were uncertain at press time how the BBJ program would be affected by the planned layoffs of between 20,000 and 30,000 Boeing employees by the end of next year. The decision comes amid an actual and expected drop in orders for Boeing airliners as a result of last month’s terrorist attacks. Deliveries of airliners this year, which Boeing had expected to be 538 aircraft, could be as low as 500.
Thomas McSweeny is delaying his planned departure from the FAA at the request of the agency. McSweeny agreed to continue serving as associate administrator for regulation and certification through at least this month. He is preparing to join Boeing as director of international safety and regulatory affairs (see page 24).
NBAA will not host social events, including the safety awards banquet at the association’s rescheduled convention. New security procedures will be in place for attendees and exhibitors. Aviation, business and government leaders will present a plenary session to address the current state of business aviation.
At a meeting on September 20, the NBAA board of directors decided to re-schedule the association’s 54th annual convention and trade show for December 12 to 14 in New Orleans. The association’s annual meeting of members has been scheduled for October 31 in Washington. The annual convention and meeting was originally scheduled for September 18 to 20 in New Orleans, but was canceled following the terrorist attacks of September 11.
When terrorists plunged their hijacked airliners into the twin towers of New York’s World Trade Center and the Pentagon last month, it had an immediate effect on business aircraft owners and operators, and will likely have a profound influence for years to come.
In the wake of the terrorist attacks on New York and Washington on September 11, the NBAA canceled its 54th annual convention in New Orleans last month “to redirect the association’s resources toward national recovery and aid to the victims and their families,” president Jack Olcott said in a statement issued on September 12. This is the first time in its history that NBAA has had to cancel an annual convention.
The tragedy of September 11, 2001, began with what is arguably the most far-reaching aviation event since the Enola Gay released its burden over Hiroshima. That moment, 56 years ago, defined the onset of a new era, an age overshadowed by the specter of global thermonuclear war, and life was never the same.
They called them “libbers” back in 1973. Any women who presumed to take on a profession normally associated with males were generally assumed to be radical members of the then-new “women’s liberation” movement. Kathy Kusner was one of them. She was the first woman to fly for Executive Jet Aviation, one of the largest charter operators in the country at that time.
Grumann G-159, Linneus, Maine, July 19, 2000–Two pilots perished when an engine failed in night IMC about 2,000 ft above the aircraft’s single-engine service ceiling (“Accident Recaps,” September 2000, page 131). The NTSB determined probable cause to be “the pilot-in-command’s failure to maintain minimum control airspeed, which resulted in a loss of control.
The economy is recovering more quickly than some experts predicted, though not as robustly as expected. The pre-owned aircraft market is busier following a dismal year; it’s more of a buyers market now; business jet depreciation is typically 2 to 4 percent per year; and capital equipment loan interest rates are the lowest in 40 years.