Aviall, one of the largest independent suppliers of new parts for business, government and commercial aircraft, was acquired by Boeing for $1.7 billion. The Chicago-headquartered OEM will operate the company under its current name as a wholly owned subsidiary. Incorporated in 1993, Dallas-based Aviall buys new parts from some 220 OEMs and resells them to general aviation, government and airline customers.
Aviation International News » October 2006
Perhaps one of the least appreciated benefits of corporate aviation is that its pilots and their passengers don’t have to endure the security procedures of crowded airport terminals. But the security hassles at the airport are the least of the concerns afflicting the senior managers at the Transportation Security Administration (TSA).
Mary Peters, who was head of the Federal Highway Administration from 2001 to 2005, is President Bush’s nominee for the post of Secretary of Transportation. If confirmed by the Senate, she will replace Norman Mineta, who resigned in June.
Despite the dramatic August 10 revelation of a terrorist plot to blow up transatlantic airliners departing from the UK, European Union (EU) transport officials have not accelerated their plans to rework the existing EC2320 aviation security regulations. The draft rules are next due to be discussed at a meeting of EU countries’ transport ministers on October 9.
The FAA has decided to create a new rule to mandate a 15-percent runway landing safety margin for commercial operators instead of trying to impose the requirement via a policy letter and changes to operations specifications. The rule will likely affect Part 91 (Subpart K fractional operations), 135 and 121 operators.
The U.S. DOT’s unwillingness to ease unpopular restrictions on foreign charter operators flying into the U.S. is jeopardizing moves on the other side of the Atlantic to reform rules covering fractional ownership.
A new traffic control rule proposed by the FAA for New York La Guardia Airport would replace the current system of slot allocation with “operating authorizations,” a mechanism that would allow the authority to exclude airlines that fly too many regional jets.
A federal district court judge struck a severe blow to the management of Mesaba Airlines last month when he overturned an earlier bankruptcy court ruling that gave the company permission to reject its labor contracts with its pilots, mechanics and flight attendants. Judge Michael Davis of the U.S.
Mesa Air Group has now taken aim at a less visible target within the inter-island Hawaiian market, much to the dismay of incumbent turboprop stalwarts Island Air and Pacific Wings. By agreeing to enter a new code-share deal last month with Kona-based Mokulele Airlines, Mesa’s go!
Brazilian manufacturer Embraer recently announced the sale of 50 ERJ 145s and another 50 Embraer E190s to HNA Group, the fourth largest airline company in the People’s Republic of China. The deal is said to be valued at $2.7 billion.