POGO Issues $100M IPO, Auction Next Week
In a February 19 offering, POGO issued its initial public offering for $103,500,000 to fund the launch of operations in the second quarter of 2009 and the acquisition of 15 Eclipse 500 Very Light Jets. It ultimately plans to expand to 115 VLJs by the second quarter of 2012. In its previous filing last fall... [read more]
Jetpool Offers 2nd Annual VLJ Show
Jetpool has organized the Second Annual Future of Business Aviation Very Light Jet Show for March 7 and 8 at the Wilson Air Center in Charlotte, N.C. At the show, attendees will discover through static displays, exhibits and seminars how a VLJ can help them gain a competitive advantage, more effectively use...
Diamond Receives $19.6 million Canadian Investment
Diamond Aircraft received a $19.6 million strategic, repayable investment from the Government of Canada for research and development (R&D) of its D-JET, personal light jet. The company announced it will manufacture the new all-composite, five-seat aircraft at its facility in London, Ontario, where the...
Eclipse, ETIRC Advance Plans for Globalization
After securing additional financing from European Technology and Investment Research Center (ETIRC) Aviation, Eclipse announced at a Ulyanovsk, Russia press conference progress toward establishing an Eclipse 500 manufacturing facility outside of the United States. The companies first announced their intent...
Safety Management Systems: The Future of Air Safety – Part I
Despite improving safety statistics, the Air Charter Safety Foundation’s premier safety summit, focused on making charter operations even safer by adopting the emerging use of safety management systems (SMS), the core principal of which is establishing a safety culture that requires the intense...
Singapore Watch: Eclipse, Cessna, ExecuJet
Eclipse Makes Fleet Sale to Indian Operator Eclipse Aviation announced during last week’s Singapore Airshow it sold 10 Eclipse 500 Jets to Club One Air of New Delhi, India to launch a new air charter company in India. The purchase marks Eclipse Aviation's entry into the Indian business aviation market...
Rosser Appointed To Lead Air Charter Safety Foundation
The Air Charter Safety Foundation last week announced the hiring of Jacqueline E. Rosser as its new executive director. She succeeds Lindsey McFarren, who recently left for a position with the Transportation Security Administration. Rosser, a graduate of Southern Illinois University, has been with the...
Calendar: O’Grady to Speak at FBO Leadership Conference
William D. O'Grady, chief global investment strategist for A.G. Edwards & Sons, will share his seasoned outlook on the direction of the economy and the near- and long-term prospects for aviation businesses on Wednesday, March 19, as part of the National Air Transportation...
New PR Alliance Launched
A new global public relations alliance, specializing in representation for the aviation industry, launches this week in Singapore, coinciding with the opening of the Singapore Air Show. LeadingEdgeCommunications.aero has been established by three leading aviation PR consultancies – Singapore-based Euro...
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