Business

January 29, 2013 - 3:25pm

Details from more than 3,000 pages of expenses charged to the Ontario government’s troubled air ambulance service, Ornge, by former CEO Dr. Chris Mazza have been made public. Mazza was fired last February in the wake of performance and financial irregularities at the company. Between 2005 and 2007, his expenses totaled more than $121,000, and his pace of spending increased in subsequent years.

January 29, 2013 - 2:05pm

Boeing has begun assembling 737NGs at a rate of 38 airplanes per month, the company announced Tuesday. Over the past two years, monthly production of the 737 has risen more than 20 percent, from 31.5 to 38 airplanes. Plans call for the rate to increase again to 42 airplanes a month next year.

January 28, 2013 - 2:25pm

Dassault has awarded its two training partners, CAE and FlightSafety International, certificates demonstrating full compliance with requirements of the new Falcon training policy manual. The manual is intended to ensure that Falcon operators around the world are trained to the same quality standard and benefit equally from the most up-to-date technical information on each aircraft they operate. The certificates cover training of pilots, maintenance personnel and cabin crew.

January 28, 2013 - 11:55am

The U.S. FAA has formed an aviation rulemaking committee (ARC) to make recommendations by next summer on safely allowing the use of portable electronic devices (PEDs) in flight. The committee will meet as in-flight entertainment and consumer electronics associations turn up the pressure to ease current restrictions on PEDs with new research on airline passenger demand.

January 28, 2013 - 11:50am

ATR has confirmed that it will further boost production this year and present a business case to its shareholders for a new 90-seat model.

While addressing journalists at the company’s base in Toulouse, southern France, CEO Filippo Bagnato said that ATR had recorded a “good” level of orders in 2012 (firm orders for 74 aircraft and options on 41), worth $2.6 billion at list prices. Meanwhile, revenue increased to a record $1.44 billion, up 11 percent on 2011 and with a big jump from $500 million in 2005.

January 25, 2013 - 2:16pm

Hawker Beechcraft key creditors voted “overwhelmingly” today to approve the Wichita-based OEM’s proposed Joint Plan of Reorganization as part of its efforts to emerge from bankruptcy.

January 25, 2013 - 7:04am
Signature president and COO Maria Sastre

At NBAA’s Schedulers & Dispatchers annual conference this week in San Antonio, AIN caught up with Maria Sastre, the recently promoted president of Signature Flight Support.

January 24, 2013 - 3:50pm
Gulfstream G650

Revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, soared to $6.91 billion last year, up more than $900 million from 2011, thanks in large part to Gulfstream. Profits at the division climbed by $129 million to $858 million. During an investor conference call yesterday, General Dynamics chairman and CEO Phebe Novakovic forecast that the division will see 16-percent sales growth this year.

January 24, 2013 - 3:43pm

Cessna Aircraft and Bell Helicopter parent company Textron yesterday reported a $1 billion increase in revenues, to $12.237 billion, last year, but it was the performance at Bell that contributed most to this gain. Manufacturing profits also rose by more than $140 million, to $1.07 billion, again mostly due to the helicopter manufacturer.

January 24, 2013 - 3:42pm

Online information provider Weather Services International (WSI) has enhanced the functionality of its popular Pilotbrief Optima platform with the addition of global optimized flight planning. At NBAA’s Schedulers & Dispatchers annual conference in San Antonio this week, the Massachusetts-based company demonstrated the system’s new capabilities.

 
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