Latest News

April 24, 2014, 3:01 PM

General Dynamics’s aerospace division, which includes Gulfstream Aerospace and Jet Aviation, saw first-quarter revenues climb 19.5 percent year-over-year, to $2.125 billion, while profits soared 30.3 percent, to $404 million, from the same period last year.

April 24, 2014, 2:52 PM

Fresh on the heels of news earlier this month that it had purchased the three UK locations of RSS Jet Centre, Landmark Aviation made an even bigger splash with an announcement yesterday that it has agreed to purchase Colorado-based Ross Aviation. Ross, whose 20 FBOs operated under their own individual names, quietly rose to become the fifth-largest chain of aviation service providers in the U.S. since its launch a decade ago.

April 24, 2014, 2:45 PM

After a five-year legal debate, Austrian aviation services provider International Jet Management (IJM) has prevailed against German authorities in a “precedent-setting ruling” by the European Court of Justice (ECJ).

April 24, 2014, 2:37 PM

The EASA has certified the redesigned vertical bevel gear shaft for the Airbus Helicopters EC225, which has suffered in-flight failures and a nine-month grounding in 2012 and 2013. Manufacturing of the redesigned gear shaft is under way for production aircraft and for retrofits, and installations for both applications are slated to begin in the second half of this year.

April 24, 2014, 2:30 PM

On May 2, NBAA is holding its one-day Business Aviation Tax Seminar at the Hilton San Francisco Financial District. The seminar begins at 8 a.m. Among the subjects to be covered are two key tax issues for business aircraft operators: the application of the federal excise tax (FET) to managed aircraft flying under Part 91; and “Federal Audit Traps and Solutions for Aircraft Leasing Structures.”

April 24, 2014, 2:25 PM

Corporate Angel Network, the 33-year-old organization that arranges free flights to treatment for cancer patients in empty seats of corporate aircraft, transported its 45,000th patient this morning. The milestone flight, operated by Bank of New York/Mellon Bank, carried 22-year-old patient Todd Blake and his mother home to Central Florida after he received treatment for Hodgkin’s lymphoma at Columbia University in New York City.

April 24, 2014, 2:20 PM

Textron Aviation issued layoff notices yesterday for 750 full-time and contract employees at Cessna Aircraft and Beechcraft as it integrates these businesses following Textron’s acquisition of Beechcraft last month. “As a part of bringing together these businesses, we have identified redundancies in our global workforce that have ultimately led to some very difficult decisions that affect the sizing of our business,” the company said in a statement.

April 24, 2014, 2:18 PM

Dassault delivered nine Falcons in the first quarter, one more than it did in the same period a year ago, the company announced today. Still, revenues at Dassault Falcon fell year-over-year by €14 million ($19.35 million), to €397 million ($548.6 million), which equates to 68 percent of net revenues at parent Dassault Aviation. During the quarter, Dassault booked orders for 12 Falcons, compared with 14 Falcons in the year-ago period.

April 24, 2014, 2:10 PM

Bombardier’s Safety Standdown program this year will focus on “attention control,” more commonly known as cockpit distractions. “Distraction is an increasingly significant risk to aviation safety that permeates every aspect of aircraft operation,” event organizers said. Safety Standdown and its network of experts will address this issue at the seminars in São Paulo, Brazil, on August 11 and in Wichita from October 6 to 9, as well as online. There is no charge to attend Safety Standdown seminars, but seating is limited and people who want to attend must register in advance.

April 24, 2014, 2:05 PM

The African Business Aviation Association (AfBAA) signed a memo of understanding (MoU) yesterday with the Commercial Aviation Association of South Africa (CAASA) to promote business aviation “as an efficient and safe mode of transport across the continent of Africa.” The agreement–announced at the AfBAA Expo in Marrakech, Morocco–will enable both parties to jointly advocate and support the business aviation sector in the region through collaboration on a variety of projects, events and ideas, as well as by tapping the collective knowledge of the groups’ individual members