A New Spin On Helicopters
How to make money in the airplane biz has challenged generations, but one young entrepreneur in Boston has come up with a new take. The Boston Globe reports that an 18-year-old business student at Babson College started his own airline, complete with a Web site, called Mainline Airways, offering leather seats with personal TVs, affordable first class, and round trips from LA to Honolulu for under $200. The only trouble was, no such airline ever existed. Last week, the Massachusetts attorney general suggested to freshman Luke Thompson that he would be wise to cease and desist — and he should also refrain from withdrawing any money from his bank accounts.
Dean Borgman, president of Sikorsky, told Reuters on Monday that he thinks the U.S. has too many helicopter makers, and he's interested in consolidation with other companies. In an interview at the Paris Air Show, Borgman said there probably would have been consolidation already, if not for the fact that the main players are part of larger corporations. For example, Bell Helicopter is a subsidiary of Textron, and Sikorsky is owned by United Technologies. Sikorsky unveiled its newest military helicopter, the H-92 Superhawk, at Le Bourget on Tuesday, and a Superhawk variant is contending for a contract with the U.S. Marine Corps' elite helicopter squadron, which provides service to the president.
Editorial StaffAVweb
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