Tbilisi Aircraft Manufacturing (TAM) of Tbilisi, Georgia, in the CIS, in early January terminated its agreement with Maverick Jets of Melbourne, Fla., to certify and manufacture the Maverick Jets Leader, a twin-engine, kit-built very light jet. As recently as the Dubai Air Show in early December, TAM displayed a photograph of the Leader and included it in its sales material. Dr.
Aviation International News » April 2004
Buying the assets of a bankrupt aviation company is one way to lower the cost of entry into the industry, but it’s still a risky business. Iowa real-estate developer Matt Eller paid $441,000 last October to acquire the intellectual property of VisionAire, and thus acquired the moribund single-turbine Vantage very light jet. Eller’s goal is to certify and build the Vantage, but in the meantime he’s still searching for funding.
The warm breeze drifting across Singapore Seletar Airport brings a welcome respite from the midday heat in this island nation near the earth’s equator. At Jet Aviation Singapore, v-p and general manager Geoffrey Hopkins is anticipating a breeze of a different kind–a wind of economic recovery brought on by growing prosperity in the Asia-Pacific region.
The Air Accident Investigation Branch of the British Department of Transport is adopting a cautious approach to its investigation of the crash of Socata TBM 700 N30LT at Oxford Airport (EGTK), England, on December 6, according to an agency spokesman. Sixty- nine-year-old multimillionaire Paul- Louis Halley, of France’s Carrefour supermarket chain, his wife and the Belgian pilot were killed in the accident.
Gulfstream Aerospace has developed an airstair hoist system that provides easier access for business jet passengers who require a wheelchair or have difficulty climbing stairs. “When combined with an airline-approved wheelchair, the system enables the passenger to enter the aircraft via a platform that ascends the airstair, stopping at the entrance of the main cabin door.
To anyone who hit the silk more than 30 years ago, the name Switlik Parachute is well known as a preeminent maker of the lifesaving devices. Founded in 1920, Switlik Parachute is still in business in Trenton, N.J. But old habits die hard, and the company whose name still ends with “Parachute” actually hasn’t made one since 1968.
For Michael Smith, the trip from Japan back to the states in a Pilatus PC-12 was intended as simply a little moonlighting, a job he took to make a few extra dollars and garner a little more international experience.
Emergency procedures training is offered by several business aviation OEMs and all of the major simulator training companies as part of their wide array of training products. But two smaller, independent companies–Stark Survival Training and Facts/AirCare–specialize in emergency procedures training, and their programs stand out among all of the offerings.
“It’s the most important piece of undiscovered aviation property east of the Mississippi,” asserted Tom Carver, president of the New Jersey Aviation Association. And what piece of property was he referring to? The Trenton-Mercer Airport, close by the northwest corner of the state capital city.
While the Aerospace Industries Association calls for more money for aeronautics research and development, the Bush White House wants a NASA budget that would slash funding for this type of work.