The concern of some watchers is just what the end game is for China’s more than 15-year drive to modernize its defense industrial base. Part of the People’s Liberation Army’s (PLA) goal is to keep generating revenue with the type of foreign arms sales that made so much money for it in the 1980s.
Mudabala Development, an investment company owned by the government of Abu Dhabi, is considering playing an industrial role within Piaggio Aero (Booth No. 1644) after it recently acquired a 35-percent stake in the Italian-based company. Here at a Piaggio press conference yesterday, a board member from Mudabala insisted he is seeking more than just a financial return on investment.
Business aircraft operators concerned about exposure to security or political risk associated with their country of registration my be encouraged by the Civil Aviation Authority of the Cayman Islands, which is here at EBACE 2006 promoting its aircraft registry (Booth 1273). The registry already includes about 110 private aircraft.
Launched only four months ago, Dubai Aerospace Enterprise (DAE) has quickly attracted considerable interest and this is reflected in the high level of its participation here at Farnborough. As well as being a sponsor of the flying display, DAE is sponsoring Friday’s International Youth Day when some 1,200 young achievers will attend the show.
The FAA is proposing to decommission all 54 direction finders (DF) and associated DF approaches in all states other than Alaska. “DFs have been used sparingly over the last nine years and the equipment is beyond its useful life cycle,” the agency said.
Are the organizers of the Middle East Business Aviation (MEBA) conference planning to turn future meetings into yet another bizav show? During the event's first run in November, the agenda was confined to speakers addressing various ways to use business aircraft in the region.
Procedures have been proposed for reimbursing FBOs and other providers of general aviation ground-support services at five airports in the Washington, D.C. area “for the direct and incremental financial losses they incurred while the airports were closed” after 9/11.
The Middle East Business Aviation Association (MEBAA) is organizing a show at Dubai Airport Expo to run January 31 through February 1. The gathering will include a conference, an exhibition floor, a static display and chalets, and is planned as an annual event. Formed early this year in Dubai, the not-for-profit organization hopes to have 30 to 40 members by December.
In a realignment of our management structure, Tony Romano, right, has been named publisher of Aviation International News and John McCarthy, center, has been elevated to group publisher for all AIN products, including Business Jet Traveler, AINtv, AINalerts and AINonline.
Representatives from Euratlantic, an alliance of 13 European regions, are at Booth No. 3276 hoping to attract U.S. investors. The confederation, which spans a geographic region from France’s Normandy coast down to Andalusia in the south of Spain, claims to have special expertise in mechanical engineering and materials for aerospace applications.