leadnews

Mooneyham said he left in the morning from CHD (near Phoenix) for Tucson, where his ailing parents live. He stopped for fuel along the way and, after visiting his mom and dad, flew back to CHD where he says he landed in the mid-afternoon. Fortunately, he kept his time-stamped fuel receipt, which also has his […]

So Why Won’t It Happen To You? Shortly after Dale Mooneyham put away his G-model Mooney (no, we didn’t ask) on the afternoon of Sept. 2 at his home base of Chandler (CHD) in Arizona, an aircraft apparently strayed near Stevensville, Md into Washington D.C.’s Air Defense Identification Zone (ADIZ). That aircraft apparently wasn’t squawking […]

And while the Sport class is heralded as the next big thing in air racing, the sleek, composite kit planes still have a lot of work ahead of them to overcome the sheer muscle of the Unlimiteds. The hugely modified — 4,000 hp — Grumman Bearcat Rare Bear, with John Penney in the cockpit, took […]

Nemesis NXT Bows Out Of Sport Final The long-awaited debut of Nemesis NXT in the Sport Class at the Reno National Championship Air Races ended with pilot Jon Sharp “maydaying out” on the first lap of the Gold final on Sunday. Darryl Greenamyer, in a 600 h.p. Lancair Legacy came first with a speed of […]

Whenever something bad happens to the heritage carriers, Southwest is usually held up as the example of how to run an airline. True, Southwest is doing well but even the leader of low budget sees some turbulence ahead. That’s why CEO Gary Kelly was in Seattle last week telling Boeing executives he needs a new […]

So, as Delta and Northwest get ready to walk away from their pension responsibilities and leave creditors in the lurch you’d think it would be difficult for them to borrow money. Not so. The country’s most powerful financiers are lining up to hand over billions to the airlines to fund their emergence from bankruptcy. That’s […]

According to the PBGC, Delta’s employees will fare better than Northwest’s, should those airlines obtain similar court permission to dump their pension plans. Delta’s pension plan is under-funded by $10.6 billion and the PBGC would have to cover $8.4 billion of that, meaning Delta retirees would face a 20-percent cut in their checks if it […]

Delta, Northwest, Expected To Dump Pensions… It’s business as usual at Delta and Northwest Airlines despite their dramatic back-to-back bankruptcy filings on Wednesday and most employees and passengers would notice little, if any, difference in either operation. But for retired employees or the soon-to-be retired, it’s a different story. One of the principal benefits of […]

Mexico is also a factor in the latest news from Cessna. The company announced last week that it’s building a 62,000-square-foot plant in Chihuahua where wire harnesses and “small sheet metal parts” will be manufactured. The move eliminates 110 jobs in Wichita and Cessna wouldn’t tell the Wichita Business Journal how much the new facility […]

Bass, once a senior vice president at Sony Corp., is more recently the former head of Suntron, an electronics company. Bass moved Suntron’s manufacturing operations to Mexico where the company is now expanding, according to TCPalm.com. A New Piper news release, which saw limited distribution, said Bass has been hired to “lead New Piper Aircraft […]