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VERY LIGHT JET REPORT :: JANUARY 28, 2008

Adam’s Future Depends on Financing

Shortly after imposing layoffs, announced nearly two weeks ago, Adam Aircraft Industries sent a letter to investors saying it would be forced to liquidate if does not achieve two financing transactions on which it is working. Related Story Spokesperson Shelly Simi indicated the company plans to make an... [read more]


FAA Adopts Eclipse AD
Saying it has received reports of loss of primary airspeed indication owing to freezing condensation within the pitot system of the Eclipse 500, the Federal Aviation Administration adopted a final rule requiring operational limitations consisting of operation only in day visual flight rules (VFR), allowing...


Peak Hour Pricing Discriminatory
While much that has been written about the administration’s recent proposal to impose peak hour pricing at congested airports has centered on the airline industry, the general aviation community is equally exercised at the prospect of new landing fees based on time of day rather than the weight of...


NTSB Recommends More Night Flying Training
Saying that night time visual flight operations are resulting in an increasing number of avoidable accidents, the National Transportation Safety Board said pilots need more training to increase altitude awareness and provide for better pre-flight planning for such operations if they are to avoid Controlled...


Cessna Delivered Record 387 Business Jets in 2007; Backlog at $12.6 Billion
Cessna Aircraft Company delivered 1,274 aircraft in 2007 - including first deliveries of four models: the newly acquired (from Columbia Aircraft) Cessna 350 and 400 single-engine pistons, the all-new Citation Mustang entry level jet and the upgraded Citation Encore+ business jet. During the year, Cessna...


Secretary Peters Blames Congress
“Quite honestly, I am a little tired of all the noise from Capitol Hill about how bad aviation delays are when they are sitting on the sidelines in Washington while passengers sit waiting in airports and on taxiways across the country,” declared Department of Transportation Secretary Mary Peters...


Record Pilot Hiring in 2007
Aviation Information Resources, Inc. (AIR, Inc.), reported more than 13,000 pilots were hired in 2007 and forecast another 10,650 will be hired this year. “Airline pilot hiring is near an all-time high,” said Kit Darby, president. “The last time we saw numbers like this was in 2000 when...




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