Business

July 24, 2012 - 1:02pm

In response to “the current state of the U.S. economy,” Signature Flight Support is levying a new “infrastructure fee” on its customers. The non-waivable per-visit surcharge is–according to a company spokesman–“to assist in recovering expenses for upgrades to facilities, security, insurance increases and other fees charged to Signature to maintain standards for service, safety and security for our customers, crews, passengers and aircraft.” The fee is waived for Signature-based customers departing their home facility and for charity flights.

July 24, 2012 - 12:58pm

Jet Aviation subsidiary Jet Professionals announced it has opened three new U.S. offices in St. Louis, Houston and Palm Beach to join its locations at Teterboro, N.J., and Dallas as well as those in Europe and the Middle East. The company offers permanent and temporary business aviation staffing solutions, including pilots, flight attendants, schedulers, dispatchers and technical personnel. Payroll and employee-benefits consulting services were recently added.

July 24, 2012 - 11:00am
Cessna Turbo 182 NXT

Under the leadership of Scott Ernest, appointed CEO last year, Cessna has accelerated new product introductions. At yesterday’s opening of the EAA AirVenture Oshkosh show, Cessna announced that the single-engine Grand Caravan turboprop is getting a bigger engine, an 867-shp PT6A-140.

July 23, 2012 - 4:05pm

Earlier this year, NTSB board member Robert Sumwalt spoke to the importance of standard operating procedures (SOPs).

July 23, 2012 - 12:25pm
Ryanair is hoping that European anti-trust officials will look more favorably on its latest bid to buy Aer Lingus.

The board of Irish airline Aer Lingus has urged shareholders to ignore the latest takeover bid mounted by low-cost rival Ryanair. Under Irish law, the board of the former government-owned flag carrier had until the end of July to respond to Ryanair’s July 17 bid to buy remaining stock at €1.30 ($1.60) per share, valuing the company at €694 million ($833 million).

July 23, 2012 - 12:10pm
US Airways chairman and CEO Doug Parker

Conditional labor contracts offered to employees of bankrupt American Airlines by its would-be merger partner, US Airways, provide for only marginal improvements over offers they have received through the bankruptcy process, according to US Airways chairman and CEO Doug Parker.

July 23, 2012 - 12:02pm
United Airlines Boeing 737

Unionized pilots with United Airlines and the former Continental Airlines voted overwhelmingly on July 17 to authorize a possible strike, remaining, in the words of the Air Line Pilots Association (ALPA), “wholly dissatisfied” with the pace of contract negotiations since the two airlines agreed to merge in May 2010.

July 19, 2012 - 4:30pm
Cessna, Bell Provide Lift for Textron’s Wings

Cessna Aircraft and Bell Helicopter drove most of the second-quarter growth at parent company Textron, chairman and CEO Scott Donnelly said during an investor conference call this morning. Combined, the two aviation segments accounted for $1.82 billion of Textron’s $3 billion in revenues and $187 million of its $288 million profit during the quarter.

July 19, 2012 - 4:25pm

India’s Business Aircraft Operators Association (BAOA) is threatening legal action against financial penalties imposed since July 1 by Mumbai International Airport (MIAL) on transient aircraft parked at Mumbai Chhatrapati Shivaji International Airport beyond an agreed number of days. The penalty is seven times more than the present cost of parking, BAOA said.

The airport, which cannot be expanded beyond its single runway, has been a concern for many years as commercial and business aviation traffic has increased. A second airport is at least seven years away from completion.

July 19, 2012 - 4:23pm

NBAA has commissioned from Nexa Advisors a fourth installment in a series of studies that analyze the value of business aviation. This new study, which will examine how companies that use business aviation fared during the recent economic downturn, will be completed in time for the NBAA Convention, to be held October 30 through November 1 in Orlando, Fla.

 
X