Somewhat lost in the shuffle of recent events, NBAA and the General Aviation Manufacturers Association (GAMA) have released the second part of a study of how the use of business aircraft affects shareholder value.
Readington Township in New Jersey is pursuing a novel method of claiming a local, privately owned airport. If the town fathers should succeed, thousands of privately owned airports throughout the U.S., including much needed relievers, could be in jeopardy.
Emily and Arve Henriksen initially expected to open their Million Air franchise at Mobile (Ala.) Regional Airport (MOB) last year. “We anticipated a six-month wait negotiating the terms of the lease and up to a year for construction,” said CFO Emily. “It was a lot more difficult than we realized.”
A U.S. District judge has ruled in favor of a Los Angeles city ordinance restricting access by Stage 2 jets to Van Nuys (Calif.) Airport (VNY). The so-called “non-addition rule” prohibits most Stage 2 aircraft that were not based at Van Nuys during calendar year 1999 from being based, parked or hangared there for more than 30 days in any succeeding year.
Now that a U.S. District Court has dismissed a lawsuit brought by NBAA and the General Aviation Manufacturers Association (GAMA) challenging a ban on Stage 2 jets at Florida’s Naples Municipal Airport, the airport is moving ahead to reinstate the ban as quickly as legally possible. To that end, the airport has notified the FAA that it intends to implement the ban effective next March 1, the earliest it can go into effect by law.
CompletionAir, not even a year old and just beginning work on its first aircraft interiors, will expand dramatically with the upcoming merger with former rival Premier Air Center. The two companies, both at St. Louis Regional Airport in Alton, Ill., signed a letter of intent to merge last month. CompletionAir, launched in January, received its Part 145 repair facility certification in July and is focused on widebody completions.
On September 24, Signature Flight Support began requiring customers at its worldwide chain of 46 FBOs to sign an “indemnification agreement for acts of war and terrorism.” The “hold harmless” agreement was the result of a decision by insurers to cancel Signature’s extended coverage endorsement for war risk liability insurance, effective 8 p.m. that day.
The U.S. Customs Service has revised the list of user-fee airports by adding Edinburgh Airport in Texas and removing Arkansas Aeroplex at Blytheville, Ark. These actions were taken at the request of the airports. The complete list contains 36 airports designated as user-fee facilities.
Valley Oil Company (which distributes fuel to more than 400 FBOs) and Multi Service (an FBO credit-card company) have launched an online interactive scheduling service free of charge to registered users.
EXXONMOBIL INTRODUCES FBO TRAINING PROGRAM