While Europe’s economies continue to struggle, and in some cases flirt with disaster, there might be a case for playing down expectations over prospects for the annual European Business Aviation Convention & Exhibition (Ebace). But the highly successful show has defied general economic pessimism in the years since the financial crisis took hold in the Old World in 2008, and the 2012 event (May 14 to 16) looks as if it could be no exception when it opens again in Geneva, one of Europe’s most prosperous cities.
Members of both houses of Congress have sent letters to President Obama decrying his advocacy of a $100-per-flight user fee on turbine-powered aircraft that fly in “controlled airspace” in his proposed Fiscal Year 2013 federal budget.
In a March 12 letter, 28 senators told the President that bipartisan passage of the comprehensive, multi-year FAA reauthorization bill was possible “in part because it did not assess new user fees on general aviation (GA).
General Dynamics has promoted Phebe Novakovic, the head of its marine unit, to the newly created positions of president and COO.
The European Business Aviation Association (EBAA) wants aircraft operators, airports, FBOs and brokers to be more active in reporting illegal charter activity. The group believes that illegal charters now account for at least 6 to 8 percent of all business aviation traffic in Europe, representing some 45,000 movements per year.
Just northwest of Tucson, Ariz., sits a 1,200-acre plot of ground with a 460-acre facility dedicated to aircraft maintenance, repair and overhaul. It has been in operation for more than 30 years and is generally considered to be the world’s largest MRO dedicated to maintenance, repair, painting, storage and end-of-life services for passenger and cargo aircraft.
Memphis-based Pinnacle Airlines filed for Chapter 11 bankruptcy protection on April 1, marking the start of a process in which it plans to “wind down” all its United Airlines turboprop flying, including its Colgan Air Bombardier Q400 operation.
The only way is up for Italian aerospace group Finmeccanica after it announced record losses of €2.3 billion ($3 billion) on March 27. Massive “exceptional events” and “non-recurring” charges totaling almost €3.2 billion ($4.3 billion) accounted for most of the financial hit.
Boeing’s 787-8 Dreamliner is wrapping up a weeklong visit to the FIDAE 2012 airshow in Santiago, Chile, where all the airplane’s technological wizardry, including the most comprensive array of Honeywell equipment on any Boeing airliner, went on display.
AIN readers rate FBOs in the Americas and we highlight the best 15 facilities that landed at the top of the survey. No surprises: “excellent customer service”–regardless of FBO facility or brand–was a key criterion. See the 2012 survey results.
Demand for business jets is beginning to recover, driven by higher corporate profits and the rise of worldwide GDP, according to the annual FAA Aerospace Forecast released last month.