Business

July 30, 2014 - 9:40am

Boeing’s 2014 commercial pilot and mechanic demand forecast, released today, reflects a 7-percent increase in pilot demand over last year’s projections and a 5-percent increase in the outlook for mechanics. In all, the world’s aviation system will require 533,000 new commercial airlines pilots and 584,000 new commercial airline mechanics over the next 20 years, according to Boeing.

July 29, 2014 - 7:00pm

Helicopter training simulator provider X-Copter is on hand at EAA AirVenture 2014 in Oshkosh, Wis., to demonstrate its recently certified primary flight simulator. Located at AirVenture’s HAI Heli-Center, the Arizona-based company is offering show specials of more than $7,500 in incentives for the lease or purchase of the new training device, which has a base price of $88,000.

July 29, 2014 - 6:30pm

Backed with cash from Asian investors, the relaunched Mooney International has spent the last eight months hiring staff at both its Kerrville, Texas production plant and its new Chino, Calif. headquarters and R&D center. The company now employs 150 and recently completed its first aircraft–an M20TN Acclaim Type S–since the new investors took control. That aircraft was the first new Mooney off the production line in Kerrville in five years. It was sold via auction and delivered to the customer’s representative on Tuesday at EAA AirVenture 2014.

July 29, 2014 - 3:45pm

The Embraer Phenom 300 handed over to NetJets on Friday at Embraer Executive Jets’ Melbourne, Fla. facility marked three major milestones for the light jet program. It not only was the 25th Phenom 300 delivered to the fractional aircraft provider, it was also the 200th Phenom 300 and the 75th U.S.-assembled Phenom.

July 29, 2014 - 3:35pm

Dassault Aviation received orders for 38 Falcons in the first half of this year while delivering 25, CEO Eric Trappier announced on Friday in Paris. The orders were worth €1.6 billion ($2.2 billion), a 29-percent increase over the same period in 2013 and a continuous improvement since the first half of 2011.

July 29, 2014 - 3:30pm

Rep. Sam Graves (R-Mo.), an avid pilot and co-chair of the House Aviation Caucus, again pressed FAA Administrator Michael Huerta today to set up a loan-guarantee program for owners and operators to finance NextGen avionics upgrades. In a letter to Huerta, Graves reiterated that the 2012 FAA reauthorization bill gave the agency the “authority to, via a partnership with a private intermediary, provide loan guarantees of up to 90 percent of the principal amount…to assist commercial and general aviation aircraft seeking to purchase and install the necessary equipment.”

July 29, 2014 - 3:00pm

Fractional aircraft ownership firm Executive AirShare hired industry veteran Pete Pedicino as regional vice president of sales for Dallas and South Texas. In his new role, Pedicino “will drive Executive AirShare’s growth in key Texas markets.” The company now serves customers in Houston, San Antonio and Austin, and has served customers in Dallas and Fort Worth since 2006. Pedicino has spent the past 14 years in the fractional aircraft ownership industry, most recently as senior vice president of sales with NetJets.

July 29, 2014 - 9:45am

Cirrus co-founder and chairman Dale Klapmeier said the company plans to spool up production of its new SF50 Vision single-engine jet to 125 units per year after the aircraft is certified in 2015. Klapmeier said the company is exploring various options to expand its production capacity to meet demand, including the foreign manufacture of components.

July 29, 2014 - 9:30am

Say goodbye to the Gipps imprimatur on its line of general aviation aircraft. India’s Mahindra Aerospace, which bought Australia-based GippsAero in 2009, is renaming its piston GA8 single the Airvan 8 and its under-development turboprop-single GA10 the Airvan 10. Mahindra also announced yesterday at EAA AirVenture that the Airvan 8 would be available on optional Wipline amphibious aluminum floats by year-end and that it is now taking nonrefundable deposits on the Airvan 10. It said it expects Airvan 10 certification in 2015.

July 28, 2014 - 4:15pm

The Flight Safety Foundation, in conjunction with the National Business Aviation Association, has released a call for papers for presentation at next May’s Business Aviation Safety Summit in Weston, Fla. Potential presenters should submit an abstract of up to 200 words on a topic relevant to business aviation safety, along with a CV, by Sept. 5, 2014. Electronic submissions are preferred; send to technical@flightsafety.org or by fax to (703) 739-6708.

 
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