In the single largest training agreement in its history, Dallas-based CAE SimuFlite will soon start training all 900-plus pilots of Flight Options, the second-largest fractional aircraft ownership operation in the world.
The General Aviation Manufacturers Association has launched a campaign to extend the accelerated-depreciation schedule on new capital equipment–including business aircraft–which it calls a “defining factor” in $2 billion in jet sales.
Chinese investment company D’Long confirmed that the development program for a 70- to 95-seat family of regional airliners acquired from the defunct Fairchild Dornier GmbH has been resurrected by its new subsidiary, Fairchild Dornier Aero Industries.
With the exception of Bombardier Flexjet, 13 major and minor players in the fractional industry continued their growth cycle last year, according to Wichita-based AvData. Total net shares last year surged past 6,200, up 6.7 percent from 2002.
A May 11 trial date has been set for the start of a lawsuit in which four former Flight Options pilots allege they were fired because of their union-organizing activities before the company merged with Raytheon Travel Air. However, a settlement could come sooner.
The FAA proposes replacing the current designee program with a new one that expands the functions that designees may perform, permits non-FAA-certified individuals and organizations to become designees and does away with existing designee categories.
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