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Monday, June 2, 2008

Quick Takes -- ACE/Jazz, Find a Pilot, R/W Lights at BOS

ACE Sells Jazz Balance
ACE Aviation Holdings Inc. (ACE) sold in the market a total of 11,726,920 units of Jazz Air Income Fund for total net proceeds to ACE of approximately $85.0 million. It also sold a total of 19,892,088 units of Aeroplan Income Fund for total net proceeds to ACE of approximately $349.3 million. ACE retains no further interest in Aeroplan Income Fund and Jazz Air Income Fund.

Pilot Database Soars to Over 2500
FindAPilot.com reached a milestone today by welcoming it's 2,500th registered pilot profile. Employers can now search from a much more extensive list of qualified pilots when using the FindAPilot employment system.
In January, FindAPilot debuted Finda a pilot, a new website which included a full employment system for aviation employers and pilot job seekers. The improved functionality of the website has since attracted an extensive group of qualified pilots. Aviation employers have access to the pilot database when an ad is placed.
Pilots can view job listings for free, apply to jobs, and keep a searchable pilot profile absolutely free. For maximum exposure, we offer pilots a premium listing service, searchable by the public as well as registered users. The listings include the pilot photo, resume and employment information, specific aircraft experience (including training, time in aircraft, and daily rate), and an availability calendar. Pilots can update their information at any time, and can use the new "one click apply" to apply for posted jobs.
Find A Pilot offers employers an easy, instant way to recruit aviation professionals. Employers are able to place job listings instantly, and accept applications online through the new pilot database. In addition, employers can search for pilots and invite applicants through the online application system. Find A Pilot offers competitive rates starting at just $24.95 for a 30 day listing. Compared to print, Find A Pilot is faster, easier, and completely interactive.

FAA to Install Runway Safety Warning System at Boston Logan
Boston will be the first location in the country to test Runway Status Lights for intersecting runways. The system is in place at Dallas/Fort Worth and San Diego at non-intersecting runways and has improved runway safety without reducing capacity or increasing controller workload. The concept for Runway Status Lights was developed at the Massachusetts Institute of Technology’s Lincoln Laboratory.As part of its runway safety efforts, FAA is installing Runway Safety Lights that warns pilots about potential runway safety at Boston Logan International Airport under a partnership between the Federal Aviation Administration (FAA) and the Massachusetts Port Authority (Massport). The test system will be installed in November 2009 and testing will begin the following month, a full two years ahead of the planned national program deployment. The FAA and Massport are sharing the cost of the system, estimated at $5 million. Pilots approaching a runway equipped with Runway Status Lights will see red lights illuminated if the airport’s ground surveillance radar detects traffic on or approaching that runway. Clearance to cross or enter a runway must be given by air traffic control. Pilots must verify clearance before proceeding even after the warning lights are no longer illuminated. Runway Status Lights will also be used by vehicle operators. T