Allied Capital, the private-equity firm owner of the Mercury Air Centers FBO chain, has agreed to sell its 24 FBOs to Macquarie Infrastructure, a publicly traded Australian company that also owns the Atlantic Aviation FBO chain.
New air traffic management plans are one means by which nations can reduce carbon dioxide emissions. According to Giovanni Bisignani, director general of the International Air Transport Association, implementation of the Single European Sky program can reduce aviation CO2 by 12 percent.
The NTSB has published the final report on the Icing-related crash of a Cessna Citation 560 that stalled during approach to Runway 26R at Pueblo Memorial Airport on Feb. 16, 2005. The two pilots and six passengers were killed.
French engine manufacturer Snecma is making progress with plans to develop a turbofan in the 10,000-pound-thrust class. The manufacturer revealed plans last October to enter the business jet engine market.
Comments are due June 11 on a proposal from the FAA to increase the duration of first-class and third-class medicals for airmen under the age of 40. Currently, first-class medical certificates are valid for six months, regardless of age.
The life of a component supplier is a difficult one in the aerospace and business aviation industries. Being dependent on the airframe manufacturers for business severely limits a company’s ability to expand to new markets.
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