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12.22.2008		Eclipse Owners Organize In a completely unsurprising move, Eclipse customers have organized to represent their interests during the bankruptcy procedures. Related Story Before its bankruptcy filing, Eclipse delivered 259 aircraft Eclipse and taken an estimated $300 million in...
12.22.2008		LaHood Tapped for DOT Post Retiring Republican Representative Ray LaHood (Ill.), who served on the House aviation subcommittee, was is nominated Friday by President-elect Barack Obama to be Secretary of Transportation. LaHood ends his 13-year tenure in Congress at the end of the month...
12.08.2008		BBD Continues Solid Results Bombardier revenues jumped eight percent to reach $C4.6 billion in the third quarter ending October 31. Net income increased by $C154 million, reaching $C245 million, compared to $C91 million for the same period last fiscal year. Its cash position remains...
12.08.2008		DayJet Bankruptcy: A Story of Brinksmanship The decision to shut down DayJet operations on September 18 was coupled with a decision to put it into Chapter 7 liquidation rather than Chapter 11, according to court papers filed November 14 when the company officially declared bankruptcy. Chapter 11 would...
12.08.2008		Private Jet Travel, One Seat at a Time CogoJets is offering a new online meeting place for travelers wanting to share the cost of a private jet flight by allowing passengers to purchase one seat at a time. Passengers can also fill empty seats on existing flights. The company promises a 90 percent...
11.17.2008		Runway Excursions Remain a Problem At the recent Flight Safety Foundation International Air Safety Symposium more than 300 attendees heard FSF Foundation Fellow Dr. Earl Weener describe the progress of the Runway Safety Initiative's (RSI) efforts. Related Story The RSI program, an...
11.17.2008		Domestic Travel Recovery in 2011 It won’t be until 2011 that domestic travel will return to 2006 levels, according to Boston-based Global Insight Inc. While talking mostly about commercial aviation, the report has implications for business aviation as well. The company said U.S...
11.10.2008		Linear Closes New Round of Financing, Launches Management Program At a time when most aviation companies are finding financing harder to come by, Linear Air closed a $1.3 million financing deal which includes new capital and debt. “This new financing was pivotal for us to maintain market leadership during the current...
11.03.2008		Legal Challenge to New Airport Denied One of the last two legal challenges to the new Bay County International Airport and Industrial District was settled last week as the judge denied a temporary restraining order requested by the Florida Clean Water Network, National Resource Defense Council...
11.03.2008		FAA Forms Runway Safety Council In its continuing bid to prove it is doing something to improve runway safety, the Federal Aviation Administration (FAA) convened the Runway Safety Council, a joint government-industry body that will take a deeper, systemic approach to improving runway...
11.03.2008		Panelists Weigh Election Impact When asked during last week’s RAA meeting in Washington how a new administration would impact airlines, Regional Airline Association President Roger Cohen quipped, “Well, it couldn’t get any worse than what we have now.” Regardless of...
10.20.2008		Pieper Optimistic about Eclipse Orlando, Fla. – While most of his time must have been spent explaining the events surrounding Eclipse over the past year, Eclipse CEO Roel Pieper remained optimistic about the manufacturer which, he said, has stepped back to take stock, putting the...
10.20.2008		New Training Guidelines for VLJS Orlando, Fla. – A rewrite of the VLJ training guidelines is expected from the National Business Aviation Association’s Safety Committee by year end after a meeting during the recent NBAA convention which reviewed the experience of the nearly 400...
10.20.2008		Embraer Order Book Up 34 Percent Based on the first three quarters of 2008, when it delivered 45, 52, and 48 jets, respectively, Embraer shows a steadier production process, which represents a 34 percent increase over the same period in 2007 when the company delivered 108 jets. Therefore...
10.20.2008		New Airport May Not Be So Crazy, After All Panama City, Fla – Those who think building a new airport with a 10,000 foot runway in the middle of a nature preserve and on the cusp of sea change in the aviation industry, is crazy haven’t talked to the folks involved in the $330 million...
08.04.2008		Q2 a Banner for Embraer Embraer recorded second quarter 2008 (2Q08) net sales of $1,635.0 million and net income of $134.4 million, equivalent to diluted earnings per ADS of $0.7427. In addition, it introduced two new executive jet programs and rolled out its Phenom 300 Very Light...
07.28.2008		Sound Bites As airlines impose more cutbacks, air taxi's and business aviation is expected to benefit. Below are a few sound bites from last week's news coverage. Falling Off the Map WSJ: “Fifty-nine airports that had commercial service in 2007 don’t have any...
07.14.2008		Embraer Breaks Delivery Records The Phenom executive jets continued to show positive sales results during the second quarter, according to Embraer, with the number of firm order contracts approaching 800 aircraft. The certification program of the Phenom 100 is on schedule and has four...
07.14.2008		NTSB Tackles Fatigue, Rejected Takeoffs The National Transportation Safety Board (NTSB) recently called for new requirements for pilots flying in Part 121, 135 and 91 subpart K operations to address fatigue as well as to require additional training regarding rejected landings and takeoffs. The...
06.30.2008		First Spanish VLJ Service Launches Using six bases throughout Spain, Jet Ready is launching the country’s first very light jet operation using the Eclipse 500 as its platform shortly. In the next four years, it expects to expand its fleet to 23 aircraft operating from bases in Valencia...
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