War

October 8, 2007 - 7:21am

Thomas Foley, CEO of Greenville, S.C.-based Stevens Aviation, has been appointed by President Bush to serve as director of private-sector development in Iraq. Foley, 51, will lead a staff responsible for developing and implementing a privatization plan for some 200 state-owned enterprises and managing trade and foreign investments into Iraq. He and President Bush first met in 1974 when both were attending Harvard University.

October 8, 2007 - 6:16am

On September 24, Signature Flight Support began requiring customers at its worldwide chain of 46 FBOs to sign an “indemnification agreement for acts of war and terrorism.” The “hold harmless” agreement was the result of a decision by insurers to cancel Signature’s extended coverage endorsement for war risk liability insurance, effective 8 p.m. that day.

October 8, 2007 - 6:12am

The National Air Transportation Association (NATA) is offering FAA-approved employee-background verification for FBOs and other airport service businesses. NATA president James Coyne said, “The first line of defense against improper tampering with aircraft is knowing who has access to the airplane, on the ramp, in the hangar or in the shop.

October 8, 2007 - 5:41am

A recent survey of fewer than 60 pilots on the state of the business aviation industry’s security measures is significantly flawed, NBAA asserts. The study, by Dallas-based Aviation Marketing Consultants (AMC), concluded that “flight departments consider themselves largely immune to acts of terrorism, vandalism or other criminal activities, and little has changed in terms of their day-to-day security procedures since 9/11.”

October 4, 2007 - 6:27am

The following is typical wording found in most aviation aircraft insurance policies addressing exposures covered under war risks. While wording may differ from one insurer to another, all carry similar overall content and intent. It is always advisable to have a qualified aviation attorney examine the policy to determine whether the coverage meets the requirements of your aircraft.

October 3, 2007 - 9:19am

The Small Business Administration (SBA) announced expanded access to its Economic Injury Disaster Loans (EIDLs) as a result of the September 11 terrorist attacks. The program has only been accessible to date to those businesses located in declared disaster areas, including the vicinities in and around New York City and Washington.

October 3, 2007 - 8:59am

“The DOT would rather let an F-16 shoot down a hijacked airplane than let pilots carry guns in the cockpit,” was The Wall Street Journal’s response to Transportation Security Administration director John Magaw’s declaration “that I will not authorize firearms in the cockpit.” His decision overrides the wishes of airline pilots, who have been campaigning since September 11 to be allowed to carry guns as a barrier of last resort against terroris

September 24, 2007 - 3:09pm

With the goal of flight testing the system next year, BAE Systems recently signed a second contract with Mercury Computer Systems of Chelmsford, Mass., to provide its VistaNav synthetic-vision technology to create a rotorcraft brownout landing system. Award of the first contract was announced in March.

August 27, 2007 - 11:37am

Bell 206L-3 LongRanger, Simiti, Bolivar, Colombia, June 5, 2007 – The pilot and copilot were killed and four passengers seriously injured when the Colombian-registered Long-Ranger crashed in unknown circumstances in a mountainous area of “hostile rebel activity.” Colombia’s Unidad Administrativa Especial de Aeronáutica Civil is investigating the accident.

August 24, 2007 - 11:34am

While debate over the future of the war in Iraq rages among Congress, the White House and the populace, several organizations and individuals in the business aviation industry have been quietly providing support to servicemen wounded in the conflict. One major effort involves Richard Santulli, creator of the fractional ownership business model and the chairman and CEO of industry leader NetJets.

 
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