Walking away from a wage settlement endorsed by their own union leadership, 8,000 rank and file members of Local 712 of the International Association of Machinists and Aerospace workers had shut down the assembly lines for Bombardier Regional Jets and, as of press time, effectively stymied production of both Challenger business jets and RJs by stopping fabrication of critical subassemblies for those aircraft.
Aviation International News » May 2002
For a glimpse into aviation’s future one need look no farther than Seattle Boeing Field, the home of a specially modified Boeing 737-900 outfitted with an array of experimental avionics and flight controls. For much of the spring Boeing has been inviting select groups of airline representatives aboard its technology demonstrator for flights to Moses Lake Airfield in Central Washington to showcase the cutting-edge systems.
With the consummation of the Flight Options/Raytheon Travel Air merger on March 21, the fractional ownership business is “a two-horse race between Flight Options and NetJets, relegating the other providers to boutique markets.” So says Flight Options CEO Kenn Ricci, characteristically confident in the future of the frax operator he founded in 1998.
1. Wilson Air Center, Memphis (Tenn.) Municipal Airport (MEM)
The state of the aircraft service industry eight months after September 11 can best be described as guardedly optimistic. Thanks largely to the success and publicity of fractional programs, the public has never been more aware of the benefits of business and personal aviation. At the same time, airlines have proven themselves less and less capable of meeting the travel needs of top-level executives and so-called “high net worth” individuals.
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