Business

August 28, 2012 - 4:15pm

A bankruptcy court judge on Friday denied a request from Hawker Beechcraft to give eight of the Wichita OEM’s “senior leadership team” as much as $5.3 million in bonuses. HBC had filed the request with the U.S. bankruptcy court on August 15, describing the bonuses as based on the achievement of certain incentive goals.

August 28, 2012 - 4:05pm

Industry Canada issued Gogo a “subordinate license” today for an air-to-ground radio frequency spectrum that will allow Gogo to provide its airborne high-speed Internet service on commercial and business aircraft flying over Canada. The Canadian network will operate on the same frequency as Gogo’s existing ATG network in the continental U.S., allowing Gogo to provide service within Canada and on cross-border flights between the U.S. and Canada.

August 28, 2012 - 3:55pm

Nextant Aerospace delivered its sixteenth 400XT today to a private buyer in the Czech Republic, marking the first handover of a Nextant-remanufactured Beechjet 400A/400XP with a European registration. The undisclosed customer and the firm managing the aircraft, Time Air, will work with Nextant to provide demonstration flights for prospective buyers in Europe. Beechcraft Sales and Service (Beechcraft Augsburg) serves as Nextant’s maintenance hub in Europe and will offer factory-approved services for European 400XT owners and operators.

August 28, 2012 - 3:40pm

Jet Aviation announced today that it has restructured its EMEA & Asia organization by forming two separate regional divisions–one for Asia and one for Europe, the Middle East and Africa (EMEA). The company appointed Kim Chan as vice president and head of Jet Aviation Asia and Stefan Benz as vice president MRO and FBO services of its EMEA operations. To align regional operations, Jet Aviation created a separate division for its EMEA regional operations and established a new regional division in the growing Asian market, consisting of Hong Kong, Singapore and Beijing.

August 28, 2012 - 3:35pm

Signature Flight Support appointed Sami Teittinen as CFO today. In his new role he will be responsible for strategic planning and management of all financially related activities of the company, including business development. Teittinen comes from Signature sister company Aircraft Service International (ASIG), where he was CFO and led the company through several acquisitions, finance department restructuring and infrastructure reinvestments. He is based at Signature’s headquarters in Orlando, Fla., and will report to company president Michael Scheeringa.

August 28, 2012 - 9:35am

Philippine Airlines (PAL) has placed a firm order for 34 current-generation Airbus A321s, 10 A321neos and 10 A330-300s, Airbus announced today. A plan by the flag carrier to embark on a fleet renewal program calls for deliveries to start next year.

August 27, 2012 - 10:25am
Boeing 787

Qantas Airways’ August 23 cancellation of “firm commitments” covering 35 Boeing 787-9s previously slated for delivery beginning in 2014 demonstrates the need for an airframer to remain flexible in the face of changing industry demand. The sudden change, prompted by after-tax losses in the current financial year, also demonstrates the continued vulnerability of the airline sector to rising costs and uncertain demand.

August 27, 2012 - 10:20am
United Boeing 787

United Airlines has announced the first international routes for its soon-to-arrive Boeing 787 Dreamliners. The Chicago-based carrier, which is the North American launch customer for the 787, has said that it expects to place five 787s into service this year. It will take delivery of its first Dreamliner in late September.

August 27, 2012 - 10:15am
TSA security officer

The U.S. government should focus on more efficient aviation security during times of fiscal austerity, according to a new study by the nonprofit Rand research organization. The “Efficient Aviation Security” report, released on August 21, focuses on the costs and the benefits of aviation security in the U.S. in the post 9/11 era. “To make rational security decisions, the benefits of a measure (or group of measures) must be compared with its varied costs to determine whether those benefits exceed the cost,” the authors conclude.

August 27, 2012 - 10:05am

Undaunted by the dominance of its Dubai and Abu Dhabi “big brothers” in the United Arab Emirates, Ras Al Khaimah is pressing ahead with plans to put itself on the air transport map. After a badly timed false start at the peak of the recent financial crisis, RAK Airways will have been back in business for two years by the end of 2012, and the emirate’s airport is drawing attention for its wide-open capacity and widebodies-welcome 12,332-foot runway.

 
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