Aviation

September 11, 2014 - 3:40pm

Business aircraft flying in the U.S. rose for the ninth straight month, climbing 0.9 percent last month versus a year ago, according to data released today by aviation services company Argus. For this month, Argus estimates that flying will increase by 2.7 percent year-over-year.

For the first time this year, fractional flying led the pack, climbing 5.5 percent last month versus a year ago. Part 135 charter flight activity grew by 0.8 percent year-over-year, while Part 91 flying was nearly flat, falling 0.1 percent.

September 11, 2014 - 3:24pm
Export-Import Bank chairman Fred Hochberg

The U.S. Congress moved closer to voting on “stopgap” funding legislation that includes a controversial provision to temporarily extend the charter of the Export-Import Bank, which helps finance exports of American-made products, including airplanes and helicopters.

September 11, 2014 - 2:53pm

The NTSB is calling on the U.S. Coast Guard to work with the Interior Department to mitigate methane discharges from offshore energy platforms in the Gulf of Mexico when helicopters are present. The recommendation follows two power-loss incidents in helicopters that led to accidents, one in 2011 and the other last year, on or near offshore oil platforms.

September 11, 2014 - 11:33am
ShinMaywa US-2 amphibian

With a clear mandate from India’s 100-day-old government to make aerospace manufacturing a focus area for domestic and export markets, there is renewed interest by manufacturers to be in the forefront. This was clear at a recent conference the Center for Air Power Studies and the Confederation of Indian Industry held in New Delhi.

September 11, 2014 - 9:47am
Lockheed Martin UClass

The U.S. Navy is advancing supporting elements of the planned Unmanned Carrier-Launched Airborne Surveillance and Strike (UClass) program as it awaits direction on the air vehicle component of the system. The service had expected to issue a final request for proposals (RFP) for the air vehicle component soon, but release of the document has been delayed.

September 10, 2014 - 11:40am

GA Telesis has signed a long-term agreement with Boeing to sell aircraft and engine material through the Boeing Part Page. GA Telesis is providing overhauled, repaired and new surplus material through a new section of the Boeing Part Page called Part Page Marketplace.

September 10, 2014 - 11:30am

At the third Latin American Aviation Supply & Services (LAASS), held Sunday in São Paulo, Brazil, heavy hitters in the local aviation community heard that new business aviation hangar and maintenance facilities are coming.

September 10, 2014 - 11:21am

Airbus is to open a new subsidiary in Thailand that will produce flight operations data for use by its airline customers worldwide. Airbus Flight Operations Services is set to begin operations early in 2015 and initially will employ 30 people, most of whom will be recruited locally.

September 10, 2014 - 11:20am

Singapore Technologies Aerospace, through wholly owned subsidiary ST Aerospace Engines, will be injecting a pro rata share of $20.8 million as additional capital into its Xiamen-based engine MRO joint-venture company, ST Aerospace Technologies (Statco). The planned capital injection is subject to regulatory approvals by the Chinese authorities. Upon transfer of the funds, STA Engines’ total share capital contribution in Statco will stand at $41.6 million. Statco provides MRO and support services for the CFM56-7B engines that power the Boeing 737.

September 10, 2014 - 11:15am

Springdale, Ark.-based AirResource Group received its FAA Repair Station certificate for maintenance, preventive maintenance, inspection and alteration of aircraft and associated products. AirResource Group was formed in 2007 by Carl Finch and Cheri McKelvey, who have more than 50 years of combined experience offering aircraft brokerage, acquisition and management services.

 
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