News

Flight Options Completes Recapitalization Agreement with Investors

Flight Options LLC announced that it has completed a financial recapitalization agreement with Raytheon Company’s wholly owned subsidiary, Raytheon Travel Air, and other investors. The result of this agreement will result in Raytheon owning approximately 65-percent interest in the Cleveland-based fractional operator. Under the agreement’s terms, Raytheon exchanged certain Flight Options LLC debt it holds […]

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Cessna Planning For New Flight Simulators

Cessna is hoping to add onto its customer support services through an expansion of its partnership with FlightSafety International.Cessna and FlightSafety currently offer Citation and Caravan customers training on 44 flight training devices. Of these, 20 are certified by the FAA to Level “D,” the highest certification to date. Since January 2003, Cessna and FlightSafety […]

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Collins Pro Line 21 Avionics System Certified on Bombardier Challenger 300

In June, a Collins Pro Line 21 advanced avionics system received FAA and Transport Canada certification on-board the new Bombardier Challenger 300. The jet’s flight deck features four 12- by 10-inch liquid crystal flight displays, consolidated control panels, TCAS II and terrain awareness warning systems. In addition, turbulence-detection weather radar and 3-D Flight Management System […]

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Dassault’s New Facility And Overseas Deal

Opens New Flight Ops Center … Just a week after celebrating the groundbreaking of their new, 46,000-sqaure-foot paint hangar in Little Rock, Dassault Falcon is breaking ground again — this time in Teterboro, N.J. A new 32,200-square-foot building complex will be constructed directly across from Dassault Falcon’s headquarters providing much-needed space for the Flight Operations […]

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Sikorsky Plans For The Future

Ponders Sector Consolidation … Sikorsky sees overcapacity in the helicopter sector and is interested in consolidation with other players, President Dean Borgman recently told Reuters.”We’d be interested in consolidating,” Borgman said in an interview at the Paris Air Show. “I think there’s overcapacity in the industry and I think eventually there will be some consolidation.”To […]

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NBAA Offers Support Domestically and Abroad

Pats The U.S House On The Back … On the domestic front, the NBAA commended the U.S. House Transportation and Infrastructure Committee for approving an amendment that is now part of HR 2144, the Aviation Security Technical Corrections and Improvements Act of 2003, designed to reopen Washington, D.C.’s Reagan National Airport (DCA) to non-commercial business […]

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OurPLANE Expands Amidst A Slow Market

Adds Two Aircraft to Fleet … OurPLANE Inc., a four-year-old company targeting the owner-flown fractional aircraft ownership market, has added two new aircraft to its fleet in North America. A new Cirrus SR22 has been positioned at John Wayne Airport (KSNA) in Orange County, Calif., while a new Cessna 182T is scheduled for arrival at […]

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Editor’s Note

AVweb publishes the Business/Corporate Aviation Update on a monthly basis. To ensure that your business, corporate, and fractional aviation industry news is considered for publication, send it to us.

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Upcoming Biz Av Events

The following business aviation events will be held within the next few weeks: Flight Operations Manual WorkshopJune 23-24, Philadelphia, Pa. Management Fundamentals For Flight Departments WorkshopJune 25-26, Philadelphia, Pa. Eighth Annual Flight Attendants ConferenceJune 27-28, Philadelphia, Pa.

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Biz AV’s AD Watch

AVweb’s coverage of Airworthiness Directives (ADs) includes the complete text of the documents, in Adobe’s Portable Document Format (PDF). Dassault Falcon 900 and Falcon 900EX The FAA has issued a final rule for certain Dassault bizjets. This amendment adopts a new Airworthiness Directive (AD), applicable to certain Dassault Model Mystere-Falcon 900 and Falcon 900EX series […]

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