Two UK-based specialists in the noise-reduction field are developing new technology that promises a substantial decrease in cabin noise. Developed by Ultra Electronics of Cambridge and QinetiQ of Farnborough, it is based on a hybrid system of trim panel mounts that incorporate both active and passive noise-reduction elements. The system
Dubai investment firm Dubai Aerospace Enterprise (DAE) at press time was in “active discussions” with Washington, D.C.-based private-equity firm Carlyle Group to acquire its Standard Aero company and Landmark Aviation, particularly its maintenance, repair and overhaul (MRO) businesses. According to sources familiar with the process, DAE is expected to pay more than $1.5 billion for the two firms.
Coded departure routes (CDRs) are proving so popular with business jet flight crews that the FAA plans to expand the trial program into nationwide service.
If all goes to plan, scores of pilots will be able to use the shorthand digital clearances at airports across the country starting next year, according to officials.
Arinc Direct is now providing business aircraft flight crews full access to the collaborative decision-making (CDM) program, an FAA and industry partnership to improve traffic flows and cut delays.
Arinc Direct announced it is now delivering westbound oceanic clearances via datalink on North Atlantic routes. Westbound clearance delivery is available to business airplanes equipped with the Teledyne Telelink RMU (radio management unit) or Universal Avionics Unilink CMU (communications management unit), which are compliant with the Arinc 623 standard.
EBITDA stands for “earnings before interest, taxes, depreciation and amortization.” In the acquisition world, businesses are valued by a multiple of their EBITDA. The buzz lately is that FBOs are popular among some aggressive private equity funds, and that has led to sales on the order of eight or nine times EBITDA–a rising trend that many say cannot continue.
Scottsdale Air Center (SAC) opened its doors for business on Scottsdale Airport in 2003 with the intention of providing a premier FBO for the upscale Arizona area’s residents and visitors. To make that possible, the company needed a maintenance facility. To that end, SAC management contacted Arinc, and the two parties struck a deal in which Arinc began using a portion of one of SAC’s new hangars as a maintenance facility.
The airlines that own Arinc are interested in selling the 77-year-old aviation communications company. Based in Annapolis, Md., Arinc posted revenues of $890 million last year, but its owners, including financially troubled carriers Delta and American, are said to be reluctant to make necessary investments in the company.
A little over two years after joining NetJets as president, Bill Boisture Jr. resigned from his position and formed W. Boisture & Associates. Immediately thereafter, he announced he would be retained as a consultant to NetJets under a long-term agreement. About five months later, he joined The Carlyle Group as senior advisor.
Arinc Direct and Starling Advanced Communication have joined forces to offer integrated broadband connectivity to business jet customers. The agreement calls for the integration of Arinc’s SkyLink satellite data service with Starling’s fuselage-mounted satcom antennas. The companies plan to jointly develop and market the system to potential buyers.