As expected, a U.S. Bankruptcy Court last month signed an order approving the sale of Mooney Aircraft Corp. to AASI of Long Beach, Calif. AASI officials also disclosed that they intend to change AASI’s name to Mooney Aerospace Group and will operate the renamed Mooney Airplane Co. as a subsidiary.
Aviation International News » April 2002
Associated British Ports of the UK is in its sixth month of negotiations with possible buyers of its American Port Services’ U.S. aviation businesses, including its AvCenter chain of FBOs and the management of several airports. The company has been trying to sell most of its U.S. Amports businesses since last September because they don’t fit with its core business of operating seaports.
A new business aviation terminal was officially opened at Switzerland’s Geneva International Airport last month. The 50,000-sq-ft, three-story building is the headquarters for charter group PrivatAir, which is leasing space to competitors Jet Aviation and TAG Aviation. The new terminal (designated C3) also offers a VIP lounge and a crew suite. PrivatAir provided around $6.4 million of the $7.5 million spent on the facility.
London City Airport will hold the official opening of its new business aviation center on May 31. The facility includes a dedicated 38,000-sq-ft ramp for business aircraft, which have previously found it hard to park at the airport, located six miles east of the UK capital’s financial district and just two miles from the Docklands business district. Until last December, business aircraft handling was contracted to Signature Flight Support.
The BBA Group, which includes the Signature Flight Support chain and Dallas Airmotive, believes that business aviation has bounced back from the post-September 11 downturn and predicts this recovery will shore up its profits this year. On March 12 the UK-based company announced pre-tax profits for 2001 of £124.2 million ($176 million), down 18 percent from the previous year.
Early Learjets, Westwinds, JetStars, Jet Commanders and other Stage 1 aircraft are now history at New Jersey’s Teterboro Airport. The Port Authority of New York and New Jersey, owner and operator of the airport, has henceforth banned the operation of these aircraft at the popular general aviation field just across the Hudson River from New York City.
The airplane was destroyed, but the pilot and five passengers escaped serious injury March 13 (no, it wasn’t a Friday) when their King Air E90 crashed into the roof of a two-story electronics company building about half a mile south of Reno/Tahoe (Nev.) International Airport in IMC after diverting from the original destination of Truckee, Calif. The crash sheared the nose from the airplane, and a severed wing and engine fell to the ground.
The U.S. Supreme Court’s recent decision not to hear an appeal of the 1999 closing of Richards-Gebaur Memorial Airport near Kansas City, Mo., ends the legal attempts to reopen the site as an airfield. AOPA had sued the FAA, contending the agency had “abused its discretion” when it released Kansas City from its obligation to maintain the airport as a condition for accepting federal funding.
Rockwell Collins received certification for a retrofit of its Pro Line 21 avionics suite in the Challenger 601. The installation features four 8- by 10-in. displays, an integrated flight control system, triple FMS, attitude heading reference system, TCAS, turbulence-detection weather radar and radio sensors. According to Collins, the retrofit reduces aircraft empty weight by 325 lb.
Gulfstream Aerospace received an STC for the installation of the Northstar Technologies Flight Deck Organizer in the GIV and GIV-SP. The system combines a complete Jeppesen approach chart database with a moving-map display. System cost, including installation, is about $50,000, not including the chart subscription. The Savannah, Ga. manufacturer is working to obtain an STC for the system on the GII, GIII and GV.