General Motors used charter aircraft for its initial public offering (IPO) roadshow last month, marking the first time the company has used private aircraft since Dec. 31, 2008, when the automaker sought U.S. government assistance. GM’s $13 billion public offering took place on November 17.
Hartzell Propeller has received FAA type certificate approval for a new advanced-composite ASC-II four-blade propeller. Hawker Beechcraft’s King Air 250 was the launch customer. “The 93-inch-diameter ASC-II advanced composite propellers with lightweight aluminum hubs weigh 30 pounds less than the equivalent metal-blade propeller.
The Mitsubishi Regional Jet (MRJ) project officially entered its manufacturing phase on September 30, when Mitsubishi Heavy Industries (MHI) and Mitsubishi Aircraft held a ceremony in Nagoya, Japan, to mark the start of production of the first MRJ. During the event, MHI technicians began cutting aluminum for a frame component associated with the airplane’s horizontal stabilizer.
Crane Aerospace (Booth No. 2916) has received certification of its SmartStem wireless tire pressure system for the Bombardier Learjet 60 following an Airworthiness Directive issued by the FAA in July.
The AD was the result of an investigation into a fatal 2008 Learjet 60 crash that the NTSB reported was caused by underinflated tires.
Carpet manufacturer Tai Ping has launched the Vestige Collection, which consists of 21 designs that have been recolored for the aviation market. The hand-tufted carpets are made of New Zealand wool and silk, with jute and flax as accents, and are offered in golden browns, ecru, bronze and gray-blues. New York-based Tai Ping is exhibiting here at Booth No. 3241.
Sherwin-Williams’s JetFlex interior aircraft coatings were designed to improve the appearance of commercial aircraft cabins and cockpits. The products were formulated for optimum adhesion to composite surfaces, plastic, wood or metal. JetFlex is available in a range of low-gloss and flat colors in two formulations: solvent-based polyurethane enamel and water-reducible polyurethane dispersion.
Surviving in the aviation business during an economic downturn is easier for diversified companies like Pentastar Aviation. The company has two FBOs–one at Oakland County International Airport in Pontiac, Mich., and another at Van Nuys Airport in Southern California. “It’s been tough sledding,” admitted Edsel B. Ford II, who bought the operation called DaimlerChrysler Aviation on Oct.
AeroSea Carpet of Calhoun, Ga. (Booth No. 4009) is making its NBAA convention debut, introducing its new, densely woven New Zealand wool products: Airstream, Runway, Diamonds and Tiger. The contemporary and transitional designs feature AeroSea’s hand-embossed technique.
Sales of pre-owned business jets, turboprops and turbine helicopters increased in the first seven months versus the same period last year, though at the same time aircraft prices deflated, according to data released yesterday by JetNet. Business jet inventory showed the largest year-over-year change, dropping 2.8 points to 14.9 percent.
The used aircraft market often synchronizes its pace with the lazy days