The holding company for Fort Lauderdale, Fla.-based regional Gulfstream International Airlines and Gulfstream Training Academy hopes to raise some $10.2 million through an IPO on the American Stock Exchange, according to a registration statement filed with the SEC early last month. The company plans to sell 1 million shares on the Amex under the symbol GIA.
Transportation in the United States
When President Bush signed the FAA reauthorization act (generally known as Vision 100) late last year, the bill called on the agency to work with airports, communities and other agencies to protect the environment while sustaining the economic vitality that will result from continued growth of aviation.
NBAA today unveiled some long-anticipated potential changes to GA security. New security measures could include required government approval for all flights on a flight-by-flight basis and freedom for the federal government to access internal documents and implement and modify operators’ security procedures.
According to the National Air Transportation Association (NATA), Reps. Don Young (R-Alaska), chairman of the House Committee on Transportation and Infrastructure, and John Mica (R-Fla.), chairman of the house subcommittee on aviation, sent a letter to Transportation Security Administration (TSA) acting Administrator David Stone.
Even those business aviation operators who may never want to fly into Ronald Reagan Washington National Airport should be able to take advantage of NBAA’s “secure access” program. That’s because gaining entry into DCA is but one facet of the still-developing proposal.
With new general aviation security measures thought to be looming on the horizon, NBAA hosted several senior-level officials from the Department of Homeland Security (DHS) and the Transportation Security Administration (TSA) during the seventh annual European Business Aviation Convention & Exhibition in Geneva in late May.
House and Senate bills to require all airport employees with access to secure and sterile areas of an airport to undergo metal detection screening in the same manner as airline passengers is drawing criticism from the National Air Transportation Association (NATA).
A group of airports, local governments and residents asked Congress to order the complete phase-out of all Stage 1 and Stage 2 aircraft in the new FAA reauthorization bill currently being debated.
The March arrest of two Comair employees and three accomplices for smuggling drugs and guns onto a Delta Air Lines flight from Orlando to San Juan, Puerto Rico understandably raised a lot of questions from the traveling public and, as expected, drew a strong reaction from the Transportation Security Administration.
The interim final rule from the Transportation Security Administration (TSA) detailing all the hoops that general aviation will have to jump through to gain access to Ronald Reagan Washington National Airport (DCA) has yet to be officially published in the Federal Register, but that hasn’t dampened the NBAA’s jubilation.