News

No one is saying the purchase price — both sides have agreed to keep those details confidential — but sometime this spring, Zurich-based Jet Aviation Group will complete its just-announced acquisition of Midcoast Aviation. Midcoast, presently owned by the Sabreliner Corporation, is one of the largest FBO, maintenance and refurbishment organizations in the Midwest. Jet […]

Spectrum Aeronauticals new Spectrum 33 light twinjet made two more test hops last week, following its early-January maiden flight. The two most recent flights together totaled less than an hour but the weather wasn’t cooperating: The day began with steady rain, 500-foot ceilings and a dropping barometer. Still, Bill Davies, Spectrums veteran chief test pilot, […]

Jan. 23 saw EADS Socata become the recipient of FAA paperwork granting the agency’s type certification to its newest aircraft — the single-engine turboprop TBM 850 — only six weeks following its European approval. That same day saw the TBM 850’s first production example take to the skies on its maiden flight, an 02:50 affair […]

Adam Aircraft this week took its first production version of its planned A700 twin-engine candidate in the coming very light jet (VLJ) sweepstakes for a spin. The airframe’s first fight was conducted from the company’s facility at Centennial Airport in Englewood, Colo., and was crewed by Bill Watters, vice president of flight operations, and Ken […]

…the next issue of AVweb‘s BizAVflash will be e-mailed to you on Feb. 8. See you then…

Flight Options, a Raytheon subsidiary and one of the nation’s top fractional operators, this week announced it has named Ray Bennett as its vice president of sales. Bennett has served as the regional sales director for the company’s southeast territory since June 2003. Prior to joining Flight Options, he held sales leadership roles with both […]

Golf and business jets go hand in hand. If you have any doubts, hang around the GA airports serving any major golf tournament — the facilities serving Augusta, Ga., in early April each year come to mind. Realizing this, and hoping to market its services to businesspeople who may never have thought of using a […]

Meanwhile, if one needs more proof that the charter broker industry is growing faster than SpaceShipOne can climb, CharterX will announce today that 25 new operators have joined its Internet-based service. “Its an exciting time in the air charter industry. As new aircraft enter the fray, new buyers and sellers join the market, and the […]

CharterAuction.com Inc., one of the country’s fastest-growing charter brokers, on Monday announced it was changing its name to “Jets International” and filed a “doing business as” (DBA) form to begin marketing under the new name. The company also said its Web site would change to www.jets.com. CharterAuction, err, Jets International — which does not own […]

Rockwell Collins last week said it had received Technical Standard Order (TSO) approval from the FAA for its Pro Line 21 Integrated Display System (IDS), clearing the way for the systems to be installed on aircraft equipped with Rockwell Collins AP-105 and APS-65 autopilot systems. In addition to the AP-105 and APS-65 autopilots, Pro Line […]