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VERY LIGHT JET REPORT :: JANUARY 21, 2008

Layoffs at Adam Aircraft

In need of long-term financing, Adam Aircraft Industries’ will layoff approximately 300 of its 800 employees at its facilities in Ogden, Utah and Englewood and Pueblo, Colo. The very light jet manufacturer is pulling back, watching its cash flow and streamlining production processes in the expectation... [read more]


Eclipse Secures Financing, Russian Production
Even as Adam Aircraft begins its streamlining and search for long-term financing, Eclipse Aviation, which went through a layoffs last year which included 10 percent of its workforce because of production delays, has secured long-term financing by expanding its partnership with European Technology and...


Aviation Industry Set for Torrid Growth?
The aerospace industry is poised to continue its unprecedented winning streak in 2008, according to experts, although recessionary clouds are beginning to dampen prospects for the future. Just how the future looks for different segments of the aviation industry will be at the heart of Aviation Today's latest...


AOPA’s Wish List Sent to FAA
The Aircraft Owners and Pilots Association sent its triennial wish list to FAA in response to its call for comments on needed regulatory changes, in the regulations. AOPA’s message was changes necessary must include allowing pilots to take advantage of the technological advances. In addition to the...


NOTAMs by Computer
Next week pilots will be able to receive all NOTAMs relevant to their flight on their computers as new local NOTAMS are reclassified and published electronically, alleviating the need to call local flight service stations along the route. "AOPA has been advocating for this change for a long time,"...


Playing to Peoria: Controversial Fee Policy Issued by DOT
December’s announcement setting caps at Kennedy and Newark airports and calling for a capacity Czar to address delay problems makes it sound as if the government is really working on stemming the delays that have plagued the industry for over a year. While these efforts, as well as the Department of...




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