An old axiom for Wall Street players advises to “sell in May and go away” and clearly most investors would have done well to follow that advice last year, as the stock market began a several-month slide. The correlation of the stock market to the vitality of the aircraft market is easy to see when looking at used inventory levels from May and June a year ago and the ups and downs experienced since then.
Aviation International News » June 2012
A Eurocopter EC225 operated by Bond Offshore Helicopters with 14 on board ditched safely into the North Sea on May 10. At 12:13 p.m., G-REDW made “a controlled descent 24 nm offshore,” according to Bond. The investigation is focusing on the failures of two main-gearbox lubrication systems–the standard one and the back-up one.
Despite its unpopularity with business and general aviation, the Transportation Security Administration’s proposed Large Aircraft Security Program (Lasp) was created based on actual risks and intelligence, according to Kip Hawley, the agency’s chief from 2005 to 2009.
Yet wildlife strikes–of which more than 97 percent have been birds–on civil aircraft in the U.S. currently occur on average about 26 times per day or just over one every hour, according to the 2012 joint FAA/Dept of Agriculture report, Wildlife strikes to civil aircraft in the United States, 1990-2010. The total cost to the aviation community of strikes between 1990 and 2010, including damage repairs and replacement parts, out-of-service time and other costs, added up to close to half a billion dollars.
Despite the mild winter that befell most of North America this past year, one might be excused for believing one of the few areas not to experience a severe decline in de-icing demand to be Vancouver, British Columbia. After all, the Whistler-Blackcomb ski resort (host to the 2010 Winter Olympics) just 70 miles away received 45 feet of snow this past season. Yet at Vancouver’s Boundary Bay Airport (CZBB), unseasonable weather prevailed. “In terms of winters, it’s been a wet one, but it hasn’t been a cold one,” said Lyle Soetaert, the manager of the airport’s FBO, Boundary Bay Air Services.
On a warm morning in the Texas hill country about 70 miles west of San Antonio, Mark Huffstutler pushed the thrust levers forward and launched a re-engined Hawker Beechcraft 400XPR into the cloudy skies. The first flight on May 3 was the culmination of 14 months of engineering and mechanical work, much of it done by Huffstutler’s Sierra Industries, a modification shop located at Garner Field Airport in Uvalde, Texas.
RTE (Réseau de Transport d’Electricité), the company managing France’s network of electric power lines, took delivery of its second medium twin, a Eurocopter EC225, last month. It recently created a new subsidiary, Airtelis, that offers specialized aerial-work operations to third parties. In more than 250,000 flight hours over decades of operations, RTE claims to have developed patented techniques to use helicopters in power-line building, maintenance and surveillance.
The Avicopter AC311 light single-engine utility helicopter had its type certification “recommended” under China’s approval procedures last month. The Civil Aviation Administration of China’s (CAAC) type certification examination committee recommended issuance of the type certificate in a meeting held on May 4 in Beijing.