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The NBAA Convention exhibitor count has grown to more than 1,000 companies showing their products and services at the Orange County Convention Center in Orlando, Fla., and more than 100 aircraft are expected to be on static display at Orlando Executive Airport during the show next Tuesday through Thursday. Blockbuster news isn’t expected this [...] The General Aviation Manufacturers Association (GAMA) and NBAA today released a new survey showing that recent portrayals of business aviation as mainly “fat cats” flying in large-cabin jets are inaccurate. The survey, conducted for GAMA and NBAA by Harris Interactive, shows an industry in which the typical company is a small or midsized business [...] The worldwide inventory of pre-owned business jets on the market decreased from 18 percent to 17.2 percent of the in-service fleet last month, according to a market update report released this week by Tinton Falls, N.J.-based Amstat. “When we examine the past several months worth of market data, the trend does seem to indicate that [...] In a final report released yesterday, the NTSB listed crew mismanagement of an abnormal flight situation and the pilots’ failure to control airspeed and prioritize control of the airplane as probable causes of the fatal crash of an aeromed Cessna Citation 550 into Lake Michigan on June 4, 2007. The light twinjet (N550BP), operated by [...] The Private Jets division of charter broker Air Partner suffered a £2.5 million ($3.9 million) loss in its fiscal year that ended on July 31, according to the firm’s financial report that was released yesterday. Overall, the UK-based group saw profits before tax fall 57 percent to £4 million ($6.4 million) on sales that were [...] Southwest Airlines posted its fourth quarterly deficit in the past five reporting periods, a third-quarter net loss of $16 million that was narrowed from a $120 million loss in the year-ago period, and announced that it likely will follow up its “no growth” 2009 with a flat 2010. Link to the original site No tags [...] EgyptAir Holding Co. Chairman and CEO Hussein Massoud told ATWOnline in Cairo that the airline has not been affected by the industry downturn as deeply as others and that it expects another profit in fiscal 2009-10. Link to the original site No tags for this post. Istanbul Sabiha Gokcen-based Pegasus Airlines has formed a joint venture with state-run Kyrgyzstan Airlines, Pegasus GM Sertac Haybat confirmed to ATWOnline. Link to the original site No tags for this post. The US House of Representatives this week overwhelmingly passed legislation to revamp regulations for hiring and training pilots, the result of Congressional concern sparked by the February crash of a Colgan Air Q400 that killed 50 people near Buffalo. Link to the original site No tags for this post.
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Link to the original site No tags for this post. – Boeing Capital Corp.’s Walt Skowronski Announces Retirement Link to the original site No tags for this post. Link to the original site No tags for this post. |
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