Various aviation insurance professionals seem to agree that the overall market has stabilized with premiums still significantly higher than pre-9/11 levels but with decreases in various segments. Some brokers have reported decreases in premiums as high as 25 percent, but those have turned out to be unusual cases. For those bizav operators who have seen decreases, the average reduction has been 5 to 10 percent.
Aviation International News » June 2005
Ever since the FAA issued its final rule on “Regulation of Fractional Aircraft Ownership Programs and On-demand Operations” known as Part 91, Subpart K [which took effect in the U.S. in February–Ed.] in September 2003, business aviation associations on both sides of the Atlantic have been trying to harmonize regulatory standards for fractional ownership operations.
According to the National Business Travel Association, U.S. businesses spend $29 billion a year for approximately 65 million trips on the airlines. But with airlines reducing flights from non-hub airports by 19 percent last year, it’s becoming increasingly difficult for some employees to get from Point A to B using the airlines.
With very light jets (VLJs) expected to enter service by this time next year, turboprop singles are now meeting the contender face-to-face in the marketplace. It was bound to happen, given that the two different classes of airplane have similar range capabilities, cabin volume and acquisition costs.
A world without oil is a breeding ground for alarmists, some say, blithely confident that it can’t run out and “we’ll find more,” but if it ever does run out “we’ll have found something else by then.”
The FAA and general aviation organizations have stepped up efforts to inform pilots flying in the airspace around the Washington and Baltimore areas about a new laser light system the North American Aerospace Defense Command (Norad) is using to warn unauthorized aircraft they have violated the national capital region air defense identification zone (ADIZ) and/or the smaller flight restricted zone (FRZ) within it.
A Sabreliner owned and operated by Compass Acquisitions and Development in Dallas ran off the runway at Brownwood Regional Airport, Texas, on May 9 following an engine failure at V1. The pilot set the nosegear back on the runway but was unable to stop the aircraft before it went off the end of the runway. The airplane traveled another 1,300 feet before finally stopping, according to the NTSB.
A Government Accountability Office study of five foreign air navigation service providers, including Nav Canada, found that since “commercialization,” all have maintained safety, controlled costs and improved efficiency. All five have invested in new technologies that they say lowered costs by increasing controllers’ productivity and produced operating efficiencies, such as fewer or shorter delays.
The Supreme Court last month declined to hear a pilot group’s challenge to the rule that prohibits pilots from flying for Part 121 operators past age 60, regardless of their health. Justices let stand a lower ruling in favor of the FAA, which maintains that the rule is necessary for safety. A group of 12 pilots called that discriminatory and said their competency and health should be considered when deciding their ability to fly.
Just two locations–Atlantic City, N.J., and Wichita–are in service to provide ground-based aircraft height monitoring to meet RVSM altitude-performance requirements. Cleveland and a yet-to-be-determined city in Arizona are slated to go into service “soon.” Roanoke, Va., and two cities in Canada are also behind schedule.