George Antoniadis, the president and CEO of Alpha Flying’s PlaneSense fractional ownership program, is standing by the company’s order for 25 Grob SPns. “We do feel that it is the right aircraft for us, and at this time we’re sticking with it,” he told AIN. Grob Aerospace filed for insolvency on August 18 after a “loan provider” withdrew financial support of the SPn program.
Aviation International News » September 2008
After more than 40 years operating business aircraft, Bristol-Myers Squibb is shutting down its Trenton, N.J.-based flight department. The company will sell its two Gulfstream Vs and Sikorsky S76Cs and terminate employment of 32 pilots, mechanics and department personnel. “Bristol-Myers is one of the founders of the NBAA,” said Christopher Griffin, v-p for aviation.
The FAA and Pratt & Whitney Canada believe they have found the cause of at least three high-
altitude, dual-engine flameouts on Pratt & Whitney Canada JT15D-5-powered airplanes operating in certain meteorological conditions. In a proposed Airworthiness
American Eagle had to ground nine Embraer ERJ regional jets at Chicago O’Hare Airport on August 19 after a TSA officer used the airplanes’ total air temperature (TAT) probes to hoist himself onto jet bridges to perform routine security checks. According to an American Eagle spokesperson, at around 5:30 a.m.
It now appears that the launch of another new Gulfstream–the G250, a successor to the super-midsize G200–is nearing and could possibly come at the NBAA Convention next month. Gulfstream has trademarked the model names G225, G250 and G275, but indications are that the company has chosen the G250 moniker.
Gulfstream Aerospace parent company General Dynamics has agreed to pay approximately $2.25 billion to buy Jet Aviation from the Permira Funds private-equity group. Subject to antitrust legal approval, General Dynamics’ acquisition of all Jet Aviation stock should be complete by year-end after Permira subsidiary Dreamliner Lux signed a SwF2.45 billion purchase agreement on August 19.
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