News

According to a study released by DRI-WEFA — a subsidiary of Massachusetts-based Global Insight Inc. — things may not look good for some aircraft manufacturers. The study, entitled “The National Economic Impact of Civil Aviation,” found that civil aviation contributes more than $900 billion to the economic nuts and bolts of the nation and gives […]

New aircraft deliveries by Gulfstream Aerospace were off significantly in the third quarter, but officials expressed optimism that the Savannah, Ga., business jet manufacturer will report improved results for the fourth quarter. The latest figures show the company is not immune to the economic downturn that also is affecting other business jet providers. In addition […]

  Although it was able to post an increase in first-half profits, business jet manufacturer Dassault remains downbeat about industry prospects. The French company’s net profit of EUR145 million (USD$142.4 million) was up by EUR19 million on the same period last year. Its operating profits also rose — from EUR187 million to EUR223 million. Although […]

A new organization, aimed at lifting standards in the air charter industry, was launched in the U.S. on October 8 by a group of air charter brokers. The Air Charter Professional Association (ACPA) says it will define a new set of standards and a code of ethical practices for brokers who act as intermediaries between […]

If you are available, you may want to attend the second NBAA Business Aviation Forum & Static Display, coming to the Dallas/Fort Worth area on November 14 at Meacham International Airport. The event is a day-long learning and networking experience designed to meet the needs of regional business aviation operators and vendors across the United […]

  The NTSB has issued a recommendation to the FAA that would require all helicopter pilots who conduct commercial passenger flights in areas where flat light or whiteout conditions routinely occur to possess a helicopter-specific instrument rating. Additionally, pilots would be required to demonstrate their instrument competency during the initial and recurrent FAA check flights. […]

Two former employees have been charged with putting their hands in FBO Million Air‘s posh cookie jar. Coleman R. Knowles, of Rancho Mirage, Calif., the company’s former general manager, has been accused of embezzling $380,000. Former office manager Renei Schwalbe, of Indio, is charged with bilking the company of $180,000. It’s alleged the duo cashed […]

Chicago-based Boeing Co. has agreed to base its three-jet corporate fleet at the airport in Gary. The company’s fleet includes a 737 and two smaller jets. Boeing split the fleet between Midway Airport and Gary last year, a few months after it announced it was moving its corporate headquarters from Seattle to Chicago. “We made […]

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