Business

February 26, 2013 - 3:25pm

UK-based Bond Offshore Helicopters has won a $24 million contract with BW Offshore for transportation services to its “Limited Floating Production Storage and Offtake vessel” operated on behalf of Ithaca Energy in the Athena oil field, approximately 100 nm northeast of Aberdeen, Scotland. 
Operations are due to begin in March with an AgustaWestland AW139. The contract covers three years and includes options to extend the period.

February 25, 2013 - 2:03pm

The effort toward returning the Boeing 787 to service enters a new phase this week as the U.S. Federal Aviation Administration digests a formal proposal issued last Friday during what the manufacturer characterized as a productive meeting between BCA president and CEO Ray Conner and FAA Administrator Michael Huerta. Neither Boeing nor the FAA would comment on the substance of the proposal, widely believed to center on a modification of the airplane’s lithium-ion batteries meant to prevent fire from spreading from one cell to another.

February 25, 2013 - 1:58pm

The U.S. Department of Transportation and the Federal Aviation Administration have released details of the cuts they will make if mandated budget reductions from “sequestration” take effect March 1. The likelihood of Congress acting to prevent sequestration appeared to be dimming last week.

February 25, 2013 - 1:52pm

Malaysia’s AirAsia has unveiled plans to launch a new domestic airline in India by the fourth quarter of 2013. Under the terms of a deal announced on February 21, the largest low-fare carrier in Asia will hold a 49-percent stake–the maximum holding permitted by the Indian government for a foreign investor–in the new airline. AirAsia is partnering with major Indian industrial groups Tata (to carry a 30-percent stake) and Telestra Tradeplace (21 percent).

February 25, 2013 - 10:15am

A recent research study concluded that 1 in every 60 passengers who climb aboard a regional airliner will strike his head on the cabin entryway, while 1 in every 141 will sustain some sort of head injury when he does. Regional airliner doorways are typically much shorter than those employed on larger transport-category aircraft.

February 25, 2013 - 10:00am

The FAA is planning to reduce expenditures by approximately $600 million for the remainder of Fiscal Year 2013 should sequestration cuts take place March 1.

February 22, 2013 - 3:12pm

At a White House press conference this morning, U.S. Transportation Secretary Ray LaHood laid out the likely consequences of possible automatic federal budget cuts, also called sequestration, scheduled to start on March 1, to his department and the U.S. FAA.

February 22, 2013 - 1:35pm

The U.S. Army cancelled development of the Northrop Grumman long-endurance, multi-intelligence vehicle (LEMV), a huge, optionally manned hybrid airship that the service planned to deploy to Afghanistan as an urgent requirement for persistent surveillance. The airship was overweight and behind schedule; it made its first and only announced flight last August, about 10 months late.

February 21, 2013 - 3:51pm

Bombardier Business Aircraft saw a “remarkable level” of order intake last year, logging net orders for 343 aircraft versus 191 in 2011, the Canadian aircraft manufacturer reported today.

February 21, 2013 - 3:45pm

When the U.S. Congress returns from recess on Monday, there will be just five working days to avoid across-the-board sequestration cuts, and prospects appear dim for a compromise that would avert these federal budget cuts. The general aviation community is sizing up the possible effects of sequestration on everything from the FAA’s NextGen modernization program to the contract tower program, as well as the day-to-day operation of current air traffic control services and facilities.

 
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