Business aircraft financing and leasing has continued to be a “much more challenged marketplace,” according to Bank of America Merrill Lynch managing director and head of global corporate aircraft finance Michael Amalfitano, who will be moderating a panel on this topic at the upcoming NBAA Aircraft Registration, Finance and Legal Conference. The event will be held in St. Petersburg, Fla., on February 6 and 7.
FltPlan.com has added capability to help customers comply with new Mexico National Institute of Immigration (INM) rules mandating Advanced Passenger Information System (APIS) manifests. The new rules require “submission of information within 30 minutes of departure or after the aircraft door is closed,” according to FltPlan president Ken Wilson.
The Federal Communications Commission (FCC) voted 3-2 on Thursday to move forward with a notice of proposed rulemaking to consider allowing airline passengers to make cellular telephone calls in flight, a practice that is currently banned in the U.S., although allowed by other countries.
Eight senators have called out the Department of Homeland Security (DHS) about numerous stops and searches of law-abiding pilots on domestic flights that never leave U.S. airspace.
The White House released a report on the impact and cost of the October 2013 federal government shutdown, estimating costs anywhere from $2- to $6 billion in lost output for the overall economy.
Among the hardest hit by the 16-day furlough of non-exempt government employees was general aviation. The move closed the FAA Registry office and delayed other certification activities, imposing widespread hardship on general aviation manufacturers. The Registry must approve each certificate of registration that is required for the sale, export and import of an aircraft.
Abu Dhabi-based Falcon Aviation Services signed a letter of intent (LOI) for the Pilatus PC-24 yesterday afternoon at the Dubai Airshow. The new twinjet, which was launched in May at EBACE, combines light-jet operating economics with super-midsize jet capabilities and comfort and is aimed at more conventional offerings from Cessna and Embraer.
The FAA is requesting comments on the draft of an advisory circular (AC 120-27F) to provide operators with guidance on developing and receiving approval for a weight-and-balance control program for aircraft operated under Part 91, Part 91 Subpart K and Parts 121, 125 and 135. Comments must be received by December 7.
Abu Dhabi-based Falcon Aviation Services inked a letter of intent (LOI) for the Pilatus PC-24 business jet yesterday afternoon here at Dubai 2013. The new jet was launched in May at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. While Pilatus said it will not open the PC-24’s order book until EBACE 2014, this is the first reported LOI for the new aircraft, potentially placing the UAE aircraft and charter management firm as one of the launch customers when orders are officially taken.
Duncan Aviation’s location in Provo, Utah, has been designated by Mexico’s Directorate General of Civil Aviation as an approved aircraft maintenance organization. In addition, the company’s Battle Creek, Mich. location recently received approval from the Bermuda Department of Civil Aviation. Besides the FAA, Duncan Aviation’s locations in Lincoln, Neb., Battle Creek and Provo hold certificates from 10 more civil aviation authorities around the world.
Unless you hang your hat in Delaware or New Hampshire or live in one of the few countries that don’t assess sales tax, you probably hand money to the government almost every time you buy something. In many U.S. states, the levy on purchases runs 5 to 7 percent or more and, with local surtaxes, you can wind up paying as much as 15.5 percent on most purchases.