On Tuesday, FAA Administrator Marion Blakey testified before the Senate subcommittee on aviation about the financial health of the agency, specifically the FY 2007 budget and condition of the aviation trust fund.
Traffic is picking up and hangar space is returning to New Orleans Lakefront Airport, more than six months after Hurricane Katrina caused millions of dollars’ worth of damage. Refurbishment of Million Air’s 1930s-era art deco Moffett hangar should conclude by the middle of this month.
Westport, Conn.-based Avocet Aircraft has canceled its program to develop a $2 million, six-seat very light jet known as the ProJet. “It just wasn’t the right time to be going forward with the program,” Avocet chairman and founder Carey Wolchok told AIN.
Monday is the deadline for comments on a Securities and Exchange Commission rulemaking proposal to require more detailed reporting of top executive compensation, including such perks as personal use of corporate aircraft.
Testifying recently before the House aviation subcommittee on unmanned aircraft (UA), FAA associate administrator for aviation safety Nicholas Sabatini outlined the challenges of integrating UAs into the National Airspace System.
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