Boeing will consider other locations to assemble its new 777X after its machinists union voted down a proposed contract extension that was described as critical to basing work on the new widebody in the Puget Sound region of Washington state.
Bill Snead, president of Wichita-based AOPA Insurance (Booth No. C10424)–a wholly-owned subsidiary of the Aircraft Owners and Pilots Association–put it most succinctly when he presented the company’s new options to members at NBAA 2013. “FBOs are our primary targets with our new commercial insurance offering. Beyond that, we are ready to insure corporate flight departments to a very high limit of liability,” he told AIN. “We know we can offer competitive rates, and that’s exciting.”
Members of United Auto Workers Local 218 have ratified a new five-year contract with Bell Helicopter (Booth No. C9343). The five-year pact covers 2,500 machinists and other manufacturing workers in Texas.
Union members had been working at Bell since June without a contract as negotiations over health care and pension benefits bogged down. They staged a one-day strike September 5.
The National Center for Aerospace and Transportation Technologies (NCATT) will become part of ASTM International and continue to provide non-regulatory, industry-recognized personnel certifications for aviation and aerospace technicians.
Ryanair said it will appeal Wednesday’s ruling by a provincial court in France that imposed fines and damages totaling €8 million ($10.8 million), the majority of which relate to alleged non-payment of French social insurance and state pension contributions for Ryanair crews flying to and from Marseille from 2007 to 2010.
Activist investor The Children’s Investment Fund Management (TCI) in the UK has renewed its calls for EADS to sell its 46-percent stake, worth more than €4 billion, in Dassault Aviation.
So-called harmonized flight- and duty-time rules for pilots and cabin crew approved by a European Aviation Safety Agency committee on July 11 drew sharply different reactions from Europe’s pilot union coalition and airline associations on Monday. Speaking with AIN last Tuesday, European Cockpit Association president Nico Voorbach characterized the basis for the new rules as unscientific and driven wholly by the interests of the airline lobby in Europe.
After several years of lobbying, the Aircraft Owners and Pilots Association (AOPA) has finally seen the fruit of its effort to urge Pennsylvania legislators to eliminate a 6-percent state sales tax on the retail sale of aircraft parts and maintenance.
NBAA has issued a new resource about the net investment income tax (NIIT), having now fully reviewed the U.S. Treasury Department and IRS regulations on this tax, which was enacted as part of the 2010 healthcare overhaul. Beginning this year, the law imposes a 3.8-percent tax on the investment income of certain individuals, and it will affect many common airplane leasing arrangements, NBAA said.
Rock-and-roll musician Bruce Dickinson (lead singer of Iron Maiden), who is also an airline pilot, was at the Paris Air Show this week, fired up with the news that he has won a £5 million investment in Cardiff Aviation, his Wales, UK-based aviation services company. Dickinson said that this would help the firm have a “much wider impact across the entire South Wales aerospace industry.”
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