After promising that a new system for funding the FAA would be announced by late last spring, the White House admitted this summer that internal disagreements within the Bush Administration had pushed the project to a back burner.
The sales and marketing gurus at the world’s major business jet manufacturers have long counted Eastern Europe, Asia and Latin America as “potential” growth markets–all while focusing their attention on the “real” markets for business airplanes, namely the U.S., Western Europe and the Middle East.
According to recent salary surveys by NBAA and the National Air Transportation Association (NATA), the pilots who fly the biggest jets for the biggest companies bring home the biggest paychecks–no surprise there. And while seasoned business jet captains usually earn six-figure salaries, it takes years of earning little while spending lots on training to achieve that coveted spot in the left seat.
More than five years after the 9/11 attacks, not only has the worldwide aerospace industry rebounded, in many cases it has soared far beyond pre-2001 levels, according to the latest industry figures. But like jealous siblings, not everyone is completely happy that the balance of prosperity across the segments within aerospace is skewed in the favor of business aviation.
The European Regions Airline Association (ERA) annual general assembly and related industry trade display has become established as a forum for doing “real business,” according to group officials. This year was no exception.
Skyrocketing jet fuel prices did almost nothing to slow down high-flying business jet travelers, who collectively took to the skies in record numbers this year, according to industry statistics. Now that crude oil prices are falling, analysts predict economic growth will further boost the use of business jets by corporations and the well-to-do.
Demand for aircraft charter is rising worldwide, with more businesses and private individuals willing and able to start taking this increasingly attractive alternative to scheduled airline services.
European charter operators are expressing increasing frustration about what they have come to regard as anti-competitive restrictions on their ability to fly in and out of the U.S.
The union representing the pilots of SkyWest Airlines regional airline subsidiary Atlantic Southeast Airlines on October 13 began picketing the long-time union-free parent company at its St. George, Utah headquarters. At press time, the sides remained far apart on demands for what the union calls a “moderate” wage increase and work rule improvements.
The comment period on a proposal to continue the reservation and slot program under the high-density rule at New York La Guardia Airport (LGA) has been extended from October 30 to December 29, the result of requests from several trade groups. The program, which includes a slot-reservation system for general aviation operations (six slots are available per hour between 6:30 a.m. and 10 p.m.) is set to expire January 1.