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Finance, Taxes, Insurance

Bizav insurance rates falling?

Business aircraft and large charter operators may start seeing reduced insurance premium rates within the next few months, if they haven’t already.
Maintenance and Modifications

Raytheon Aircraft rolls back parts prices

Raytheon Aircraft is rolling back the prices of more than 17,500 parts, allowing Beechcraft and Hawker customers “to purchase parts at a reduced price–many
Accidents

Texas GIII crew had VOR, not ILS, tuned

Cockpit voice recorder (CVR) transcripts indicate that the pilots of the Gulfstream III that crashed in IMC November 22 after being cleared for the Runway
Maintenance and Modifications

West Star named Citation service center

Cessna named West Star Aviation of Grand Junction, Colo., an authorized Citation service center and warranty fulfillment facility, one of six non-factory-o
Charter & Fractional

California firm selling shares in Eclipse 500

Westlake Village, Calif.-based Jet Alliance claims to be the first company to offer fractional shares in the Eclipse 500 very light jet.
Maintenance and Modifications

McKinney Aerospace sold to Aeros Aviation

Aeros Aviation of McKinney, Texas, purchased McKinney Aerospace, a modification and service center also based in McKinney.
Maintenance and Modifications

Pilatus to retrofit PC-12s with engine fix

Pilatus Aircraft is working with engine supplier Pratt & Whitney Canada and Woodward Governor of Rockford, Ill., to roll out an “aggressive campaign” to re
Accidents

Rotor-blade defect blamed in S-76 crash

British investigation authorities implicated a manufacturing defect in the July 16, 2002, crash of a Sikorsky S-76 into the North Sea.
Safety

FAA addresses helicopter EMS safety record

From a safety perspective, last year was not a good year for the air medical sector.
Regulations and Government

Comments due on foreign aircraft ops

April 8 is the closing day to submit comments on a proposal to permit operations of U.S.-registered aircraft owned by a non-U.S.
Airports

TSA given extra time for DCA access report

Congress granted an additional 30 days (to April 1) for federal security agencies to submit a report on actions that would be required to open Ronald Reaga
FBOs

Jet Aviation FBO in Kuwait delayed

The FBO that Jet Aviation announced last August would open early this year at Kuwait International Airport has been delayed more than a year.
Airports

When higher is better over Chicago

Higher altitude procedures are now in place to reduce low-altitude flying over Lake Michigan by aircraft operating to and from several satellite airports n
Accidents

Pilots killed in Venezuelan Citation crash

The pilot and copilot of Citation 500 YV-21CP were killed March 8 when the jet crashed during a second attempt to land at Oscar Machado Zuloaga Internation
ATC

FAA announces new plan for ATC staffing and training

Hoping to stave off a shortage of air traffic controllers caused by an expected wave of retirements, the FAA intends to hire 12,500 new controllers during
Cabin Interior and Electronics

Lufthansa Technik expands bizav presence in U.S. market

Lufthansa Technik, the Hamburg, Germany-based maintenance, overhaul and interiors completion and refurbishment giant, continues to expand its U.S.
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Maintenance and Modifications

Boxed in at São Paulo, TAM to move mx shop

Táxi Aéreo Marília (TAM) plans to transfer nearly all of its maintenance activity from São Paulo Congonhas Airport, Brazil, to the nearby Jundiaí Airport,
Charter & Fractional

Insurer presents Jet Aviation with safety award

Jet Aviation, the aviation services company founded in Switzerland in 1967, was recently singled out for a prestigious safety award by its insurer, AIG Avi
Aircraft

In The Works: Adam Aircraft A500/700

Englewood, Colo.-based Adam Aircraft expects FAA certification of its centerline-thrust A500 piston twin in the first quarter of this year and first delive
Aircraft

In The Works: Maverick Jets Leader

At the Dubai Air Show last month, Tbilisi Aerospace Manufacturing (TAM) of Tbilisi, Georgia (the former Soviet Republic, not the Peachtree State), featured
Regulations and Government

FAA Will Propose Pilot Retirement Age of 65

The FAA announced today that it intends “later this year” to issue a formal notice of proposed rulemaking (NPRM) to increase the mandatory airline pilot re
Regulations and Government

Part 135 Rewrite: In the Beginning…

The FAR Part 135 Aviation Rulemaking Committee (ARC) delivered a long-awaited briefing on its research and a preview of the coming notice of proposed rulem
Aircraft

In The Works: Safire Aircraft Safire Jet

Safire Aircraft of Opa-Locka, Fla., announced last month that wind-tunnel testing at the University of Washington Aeronautical Laboratory’s subsonic Kirsti
Safety

GE CF34 Sheds Fan Blade In Flight

A Mesa Airlines Bombardier CRJ200 shed a fan blade and lost the front section of its left engine cowling during a scheduled flight from Denver to Phoenix l
FBOs

Private equity cash ‘discovers’ the FBO industry

EBITDA stands for “earnings before interest, taxes, depreciation and amortization.” In the acquisition world, businesses are valued by a multiple of their
Safety

TEB users group aims to improve airport safety

At a February meeting of the Teterboro Users Group (TUG), held just a couple of weeks after the Challenger 600 accident at the New Jersey airport, safety i
Regulations and Government

Advisory Reiterates Attitude Display Design

The FAA issued draft Advisory Circular 25-11-1X clarifying electronic cockpit display design rules.
Security

TSA Eyeing More Security for Part 91 Jets

Transportation Security Administration (TSA) boss Kip Hawley told a Senate panel that in addition to general aviation’s voluntary efforts to secure GA, the
Airports

Port Authority To Lease N.Y. Stewart Airport

Sleepy Stewart International Airport in Newburgh, N.Y., might get much busier after the Port Authority of New York and New Jersey purchases (for $78.5 mill
Aircraft

In The Works: Eclipse Aviation Eclipse 500

OK, first about the photo.
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