Despite recent news reports suggesting that Sino Swearingen’s Taiwan-government-backed investors are considering exiting the program, “Taiwan continues to support our program,” Mark Fairchild, vice president for marketing and sales, told AIN, “and at the same time is looking for additional
Cessna parent Textron said last month that revenue for the Wichita- based manufacturer was up by 15 percent in the second quarter of the year, representing a $198 million increase, to $1.3 billion, compared with the same period last year.
The Phenom 100, Embraer’s four-place, $2.98 million entry into the very light jet market, flew for the first time on July 26 from São Jos dos Campos, Brazil. According to the company, the one hour, thirty-six minute flight was successful.
With stark differences between House and Senate versions of FAA reauthorization bills working their way through Congress, some industry and congressional insiders see little chance of an agreement before September 30, the day when current taxes and fees that support the FAA expire.
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