News

Anyone thinking of buying a new aircraft has two months to complete the deal to take advantage of a major tax saving. In September, the federal government extended the 50 percent bonus depreciation provision for new aircraft until the end of the year. As Daniel Cheung of Aviation Tax Consultants told AVweb in a podcast […]

Authorities in Yemen have arrested a 22-year-old engineering student and her mother who are alleged to have mailed the computer printers containing explosives that put security forces on high alert around the world over the weekend. Yemeni security forces surrounded a house late Saturday after running down the phone number left with the cargo shipping […]

It could be an engine upgrade, a design overhaul or a completely new aircraft, but Boeing CEO Jim Albaugh has publicly stated his company will decide the future of its most popular airliner, the 737, “within the next several months.” Refitting the jet with more efficient engines may be a front-running idea for airlines interested […]

Sen. James Inhofe (R-Okla.) says he won’t guarantee he’ll be more vigilant about checking NOTAMs after he landed on a closed runway occupied by maintenance workers ten days ago in Texas. “People who fly a lot just don’t do it,” Inhofe told the Tulsa World. “I won’t make any commitments.” Inhofe added that while “technically” […]

“Risks” identified by a DOT’s Office of Inspector General (IG) report earlier this month “will impact the cost, schedule, and expected benefits of ADS-B” and may feed off of each other until addressed by the FAA. The Inspector General said the greatest risks to successful implementation “are airspace users’ reluctance to purchase and install new […]

Since the mid-2000s airline workers have given up more than $12 billion in contract concessions, according to The New York Times, and now, as a reaction to very strong third-quarter earnings reports, those workers are looking for payback. Sara Nelson, a spokeswoman for the Association of Flight Attendants, told the Times, “Executives reaped millions in […]

One of Canada’s busiest GA airports will be closed within five years to make way for a massive housing development. And while the Sifton family, which owns the 160-acre Buttonville Airport, near downtown Toronto, will make hundreds of millions of dollars on the deal, they’ve fought for years to maintain the money-losing operation that serves […]

The president of the National Air Traffic Controllers Association says the union is collaborating with the FAA on the implementation of new technology and the entire industry will benefit. In a speech to the Air Traffic Control Association meeting in Washington, D.C., earlier this week, Paul Rinaldi said FAA Administrator Randy Babbitt has involved controllers […]

In contrast to the financing market for business jets, there’s money available for qualified purchasers of good used piston aircraft. In a podcast interview with AVweb, Jim Blessing of Air Fleet Capital said that while lenders may be leery of business jets older than 10 years, he’s having no trouble finding money for those who […]

Don’t see a video screen?Try disabling ad blockers and refreshing this page.If that doesn’t work, click here to download the video directly. Virgin Galactic’s SpaceShipTwo, carried beneath the WhiteKnightTwo mothership, landed at the New Mexico Spaceport last week to christen the new runway. “We are celebrating the world’s first spaceway at the world’s first purpose-built, […]