Business

May 1, 2013 - 10:55am

Sabreliner’s board of directors has announced the appointment of Susan Aselage as president. Aselage additionally serves as vice chairman and vice president, secretary and assistant treasurer. She has been with Sabreliner since its inception in 1983, and was the company’s second employee. Before her appointment as president, her responsibilities included managing the corporation’s risk-insurance program and maintenance of all corporate records.

May 1, 2013 - 3:30am
TAG Farnborough

The current state of the global FBO sector is fairly easy to summarize: growth uncertainty, tight margins and blocked opportunities present challenges. Outside the Americas, Europe remains at best flat in terms of traffic volumes, while markets such as Asia and Africa continue to see strong growth. The Middle East is somewhere in the middle.

May 1, 2013 - 1:50am

Despite two previous rejections by lawmakers of the $100-per-flight user fee proposed by President Obama, the White House once again has called for the unpopular levy to be included in the Fiscal Year 2014 budget, which was released on April 10.

April 30, 2013 - 4:15pm

While pre-owned business aircraft inventories continue to drop from 2009 highs, the overall market remains mixed, according to data released yesterday by Amstat. “The data reflects the current fragmented nature of this market,” said Amstat executive vice president Tom Benson. “On a quarter-by-quarter basis, it is difficult to apply broad statements on performance across the market as a whole.”

April 30, 2013 - 4:06pm

AgustaWestland will open a second production line for the new AW169 medium-twin helicopter at its manufacturing facility in Philadelphia, the company announced today. The primary production line for the AW169 will remain at the company’s plant in Vergiate, Italy. Four examples of the 9,000-pound class helicopter are currently in flight-test, with certification expected next year.

April 30, 2013 - 4:03pm

In a last-ditch effort to stop the FAA’s furloughing of air traffic controllers to meet government-wide budget reductions, the House and Senate passed legislation late last week to transfer money from the Airport and Airway Trust Fund to pay controllers’ salaries and prevent the closure of some privately operated control towers. Congress quickly moved to relieve the FAA of its need to furlough controllers after just five days of prolonged flight delays at major airports last week.

April 30, 2013 - 4:00pm

Embraer delivered 12 business jets in the first quarter, one fewer than it did in the same period a year ago. While the number represented a slight dip, the firm order backlog increased to $13.3 billion by the end of the quarter, up from $12.5 billion in the previous quarter. The Brazilian OEM also noted that for the first quarter, revenues from its Embraer Executive Jets division jumped to $175.3 million this year from $151.7 million last year.

April 30, 2013 - 3:35pm

Embraer Executive Jets’ Legacy 650 recently received type certification from Indonesia’s Directorate General of Civil Aviation, paving the way for customer Premiair to put the aircraft into service. With the approval, all in-production Embraer Executive Jets are now certified in this country. When Premiair takes delivery of two Legacy 650s it has on order, the Indonesian charter operator will have eight Embraer jets in its fleet.

April 29, 2013 - 3:55pm

Bad weather, fewer patient transports and a higher percentage of uninsured patients combined to create a surprise loss during the first quarter at Air Methods, the largest air ambulance provider in the U.S. CEO Aaron Todd hinted that the downturn was just temporary.

April 29, 2013 - 2:30pm

The Port Authority of New York and New Jersey has agreed to pay the FAA $3.5 million in fines for numerous violations of airport rescue and fire fighting (ARFF) standards that occurred between December 2010 and June 2012 at John F. Kennedy (JFK), Teterboro (TEB), La Guardia (LGA) and Newark (EWR) airports.

 
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