The continued weakness of the U.S. dollar on international currency markets is stimulating sales of U.S.-based business aircraft to foreign buyers. With the dollar recently reaching historic lows against the three-year-old euro, prospective buyers from Europe are pouncing on exchange-rate-based discounts.
Aviation International News » March 2005
Atlanta-based aviation placement company AIR projects that the four major fractional aircraft ownership companies will hire at least 1,000 pilots this year, more than double the 482 hired last year, but fewer than the record 1,363 hired in 2000. The last year in which the fractionals hired more than 1,000 pilots was 2001, according to AIR. NetJets, the largest fractional operator, is expected to hire more than a third of the projected total.
Boeing has cut a familiar feature of Boeing 737s with its new-production aircraft. New 737s are no longer being built with the four eyebrow windows above the pilot and copilot positions.
The NTSB has asked the FAA to limit the number of times a pilot can fail a checkride and questioned whether the existing requirements of providing additional training after multiple failures is adequate. Additionally, the Safety Board wants the FAA to require Part 121 and 135 operators to improve their safety background checks of pilot applicants by obtaining all notices of failed checkrides before making a hiring decision.
A proposed rule would allow non-commercial operations of U.S.-registered aircraft owned by a company not considered a U.S. citizen to use the options of FAR 91.501 without obtaining a “foreign aircraft permit.” Under existing rules, U.S.-registered aircraft are considered foreign-owned if the management and/or board of directors of the corporation are not composed entirely of U.S. citizens. Comments to the notice are due by April 8.
The FAA recently issued revised guidance for daily preflight checks of cockpit voice recorders to ensure that the system is functioning properly. The new guidelines stem from NTSB recommendations made more than two years ago.
A Canadair Regional Jet made history on February 17 when it landed at Nagoya Airport on the outskirts of Tokyo. The flight marked a first in Japan–a flight to an airport dedicated to business and commuter aircraft. Just hours before the CRJ’s historic landing, international airline passenger operations finished moving to the new Central Japan International Airport.
Last year, the Bush Administration unveiled its proposed “next generation air transportation system” and then cut the FAA’s facilities and equipment (F&E) budget request by nearly $400 million.
In the January 6 incident in which a Gulfstream III landed on a taxiway between the two parallel runways at Denver Centennial Airport, notam 01-17 advised that the parallel runway the jet was switched to land on just 1.5 miles out (Runway 17R) was mostly covered with snow. The taxiway, the same length as Runway 17R, had mostly pavement showing.
Bolstered by the introduction of the Challenger 300 and Learjet 40, Dallas-based fractional aircraft ownership operator Flexjet said it saw a 32-percent increase in the sale of shares last year compared with the year before.