Boeing on 30 January completed the maiden flight of its first 747-8 Intercontinental, which is destined for a private Boeing Business Jet customer.
The…
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A Qantas Airways Bombardier Q400 aircraft experienced engine problems shortly after departure and had to land at Canberra airport, less than an hour after…
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Sikorsky Innovations, the technology development organization of Sikorsky Aircraft Corporation, today announced its founding corporate sponsorship in the new Stamford Innovation Center. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX). Sikorsky Innovations plans to use the center for
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The science-fiction pundits were wrong. The future of space travel doesn’t look like a Buck Rogers-style rocket poised to roar straight up into the twinkling heavens from a tinkerer’s backyard. What space travel will look like, according to a company called Stratolaunch Systems−which includes board member and backyard tinkerer Burt Rutan−is kind of unsurprising, [...]
As the 2012 U.S. election campaign season begins ramping up, industry leaders are concerned about what they believe will be an unprecedented number of temporary flight restrictions (TFRs) as candidates spread out to press the flesh. Given the number of states up for grabs in what looks to be an extremely close and contentious [...]
With the Obama Administration doggedly promoting its proposal for a $100-per-flight user fee for millions of flights by turbine-powered general aviation aircraft, GA interests are organizing continued opposition.
“I fully expect that, a few weeks from now when President Obama proposes his initial Fiscal Year 2013 budget, he’ll include a $100-per-flight user fee,” [...]
Back when David Bernstorf was involved in certifying new aircraft and developing supplemental type certificates for his employer, he joked about backing up a truck onto the parking lot of the FAA certification office and dumping the huge volumes of paper that accompany any certification program. Joking aside, all of the paper can amount [...]
By most accounts the fourth quarter of last year was active. While not atypical for that period, the activity was a good sign for the market that tradition seems to be intact, or at least reestablished after being pushed off course a few years ago. With the U.S. economy doing incrementally better, the hope [...]
Avjet has been offering aircraft sales, acquisition, charter, management services and oversight of completion and refurbishment projects since 1979. Headquartered in Burbank, Calif., the company maintains a presence in Washington D.C., Seoul; Abu Dhabi; Moscow; Tokyo; and other locations around the world. Avjet also owns and operates an FBO in Pagosa Springs, Colo.
Avjet’s [...]
With growing demand for large executive aircraft from Airbus and Boeing, cabin completion and refurbishment centers specializing in bizliners are finding plenty of work to feather their own nests, and there’s more to come.
Final numbers for Airbus and Boeing executive aircraft deliveries last year were not available at press time, but expectations were [...]
Private flight booking portal Victor is seeking to raise almost $2.3 million to expand its web-based business into German-speaking parts of Europe. According to founder Clive Jackson, membership has tripled, to around 670 people since Victor’s launch in August 2011. He declined to disclose transaction rates but insists that these too are growing.
FlyVictor.com [...]
A House and Senate conference committee compromised late Tuesday on a four-year FAA reauthorization bill that could reach a floor vote in both chambers as early as next week, beating yet another extension deadline set for February 17. The agency has been operating under short-term extensions since the last long-term multi-year reauthorization expired in [...]
While customers in Asia have generally preferred new instead of pre-owned business jets, aircraft sales broker Jetcraft believes this tide could soon change. “Few would dispute that Asia is one of the hottest markets for sales of new long-range/large business aircraft,” said Jetcraft president Chad Anderson.
In 2011, about 20 percent of the business [...]
Fourth quarter 2011 net income per diluted share of $1.85, including merger-related costs totaling $0.05 per diluted share, increased 59 percent compared to fourth quarter 2010 net income per diluted share of $1.16. Fourth quarter 2011 sales grew 19 percent, to $2,145 million, compared to fourth quarter 2010 sales of $1,806 million. Organic growth during [...]
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