Business

February 6, 2013 - 3:50am

Maini Global Aerospace (MGA), the Bangalore-based design and manufacturing company, is looking for opportunities provided by Indian defense offsets that will help fuel its aggressive expansion plan. It expects to boost annual revenue from approximately $60 million to about $100 million by 2015.

February 6, 2013 - 12:35am

Pentastar Aviation Implements Growth in 2013

Building on the recent FAR Part 145 approval of its new maintenance facility in Oxford, Conn. in the final days of last year, Pentastar Aviation is implementing several growth initiatives this year. The certification allows Pentastar to offer customers a range of aircraft maintenance capabilities on the East Coast.

February 5, 2013 - 3:50pm
New Orleans Lakefront Airport

While millions watched the Baltimore Ravens defeat the San Francisco 49ers in the NFL Super Bowl in New Orleans on Sunday evening, the local FBOs at the Big Easy’s airports were gearing up for their own second half as many of the more than 800 private aircraft that flocked there would seek to depart soon after the game ended.

February 5, 2013 - 3:45pm

In a decision opening the way for Hawker Beechcraft to emerge from Chapter 11 bankruptcy in the second half of this month, the U.S. Bankruptcy Court approved the Wichita OEM’s joint plan of reorganization late Friday. “[This] ruling marks the final significant step in the restructuring process,” said Hawker Beechcraft CEO Steve Miller.

February 5, 2013 - 3:40pm

EaglePicher Technologies expects to certify a lithium-ion main-ship aircraft battery by year-end, according to Ron Nowlin, vice president and general manager of EaglePicher Aerospace Systems. The battery has been selected for a jet, but Nowlin was unable to reveal the OEM and said he “cannot confirm” news reports “that we are doing any work for Cessna.”

February 5, 2013 - 3:30pm

With no clear policy framework, India’s business and general aviation community is being stifled by limited infrastructure, regulatory hurdles and high taxation, according to India’s Business Aircraft Operators Association (BAOA). These problems recently prompted the BAOA to send a 50-item legislative wish list to the country’s ministry of aviation.

February 5, 2013 - 3:01pm

Major suppliers of indigenous Indian aerospace and defense equipment should ensure at least 50 percent of the equipment is procured from original suppliers, while the rest could be outsourced, an industry seminar in Bangalore was told on Monday. “Multiple vendors often come with allied issues, resulting in poor product support.

February 5, 2013 - 3:00pm

Embraer released its 2013 outlook yesterday, forecasting delivery of between 105 and 120 business jets this year, up from 99 last year. The forecast is for delivery of up to 90 light and 30 large-cabin business jets, compared with 77 and 22, respectively, last year. The company’s executive aviation segment is expected to contribute 25 percent of Embraer’s revenues this year.

February 5, 2013 - 2:55pm

ExecuJet Africa has partnered with international risk management company MS Risk to offer emergency response plans for clients with staff based at remote locations in Africa. Under the new Urgent Response Plan (URP) service, ExecuJet and MS Risk will work with clients’ human resources and safety managers to develop evacuation plans for those companies that do not currently have one in place or integrate services into an existing program. The URP will also include intelligence reporting, remote site visits, ground and air service options and logistics coordination.

February 5, 2013 - 2:50pm

Argus’s Professional Resources In System Management (Prism) division is now offering safety management system (SMS) packages at special pricing for helicopter operators. According to Prism, its new “affordable” pricing for small operators of one or two aircraft “makes a functional SMS even more accessible to the entire helicopter industry.” The Prism essential and professional subscription packages provide a “comprehensive” set of tools to assist aviation companies as they implement and manage an effective SMS program, Argus said.

 
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