At press time, Boeing was close to concluding a deal in which it will be selling its business-jet finance division. Boeing hopes to announce the buyer at its board meeting on May 3. The business, currently under the direction of Louis Seno, is expected to remain headquartered in Broomfield Hills, Mich. Financing for new BBJ transactions will stay with Boeing, but will be handled by the company’s offices in Renton, Wash.
The FAA plans to rule on the noise-compatibility program proposed for Wyoming’s Jackson Hole Airport (JAC) by May 17. The public-comment period runs through January 18. As part of its proposed rule, the FAA has determined that noise-exposure maps submitted for the facility meet the requirements of FAR Part 150.