The Middle East Business Aviation Association is hosting the inaugural Middle East Business Aviation Conference (MEBAC) in Jeddah, Saudi Arabia, on June 4. The conference, which is officially sanctioned by Saudi Arabia General Authority of Civil Aviation (GACA) president H.H. Prince Fahd bin Abdulla bin Muhammad, will gather prominent leaders from the region’s aviation sector to discuss the issues affecting the Kingdom’s business aviation market. Keynote speakers will include Prince Fahd, GACA vice president Dr.
Regulations and Government
News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA reauthorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.
The U.S. Internal Revenue Service has agreed to suspend possible tax assessments against aircraft management companies now undergoing federal excise tax (FET) audits.
Just prior to EBACE, Hangar8 received the documents that secured a landmark dispensation from the Cayman Islands aircraft registry, allowing Hangar8 to operate Cayman-registered aircraft under its UK AOC, as long as the aircraft type itself is already covered by the AOC. This allows Caymans aircraft to be chartered out, and also to be operated under public transport regulations, which are exempt from VAT and minerals tax.
Last month London Oxford Airport-based Hangar8 welcomed two additions to its growing fleet of aircraft available for charter–a pair of Bombardier Global Express aircraft, operating from Oxford and London Luton Airport. The new jets strengthen Hangar8’s long-range fleet and highlight the company’s continued worldwide growth.
Tough business conditions in Europe have gone on much longer than anyone here at this year’s EBACE show would have liked, but the continent’s business aviation community is putting those concerns to one side this week as it seeks to convince policy-makers of the value the sector delivers. The value of the show itself is in no doubt, with the amount of exhibit space occupied at Geneva’s PalExpo center matching last year’s record numbers and the static display having to be increased in size to accommodate 52 aircraft.
The FAA presented Embraer Executive Jets with a production certificate to assemble the Phenom 300 at its Melbourne, Fla. facility yesterday. Embraer has delivered three U.S.-assembled Phenom 300s since the first one came off the line in March. The Phenom 300s are assembled on the same production line as Phenom 100s, which have been coming off the line at the Florida plant since December 2011. Embraer’s light jets are now being assembled in Florida at a rate of three aircraft per month, less than half of the full capacity of eight a month.
The FAA–and its parent organization, the Department of Transportation–announced on Friday that it will keep open the 149 contract towers that the agency slated for closure on June 15. These cuts were to be made to comply with sequestration, but on April 26 Congress gave the FAA the authority to shift funds to stop controller furloughs and tower closures.
Online jet charter broker PrivateFly estimates that approximately half of the estimated £9.3 million in potential revenue from the recent extension of the UK’s air passenger duty (APD) tax to business jets will be lost to nonpayment in the first year. The extended tax, which became effective on April 1, applies to all flights departing from the UK.
Atlantic Aviation has filed suit against the city of San Jose, Calif., in its efforts to block development of a new Signature Flight Support facility at Norman I. Mineta International Airport. Last month, Signature, in partnership with a group representing the business aircraft of Google’s executives, was awarded a 50-year lease by the San Jose City Council and intends to begin construction on the $82 million FBO this year.
The FAA–and its parent agency, the Department of Transportation–today announced that it will keep open the 149 contract towers that the agency slated for closure on June 15. These cuts were to be made to comply with sequestration, but on April 26 Congress gave the FAA the authority to shift funds to stop controller furloughs and, possibly, contract tower closures.