The involuntary Chapter 7 case against Avantair in the U.S. Bankruptcy Court in Tampa, Fla., is proceeding at a much faster pace than industry sources initially expected. On Thursday, just one week after the case was filed, U.S. Bankruptcy Judge Catherin McEwen held an emergency hearing to consider the filing creditors’ request for appointment of an interim bankruptcy trustee, as well as a motion to prevent removal of business records.
Regulations and Government » Government
News about governmental decisions affecting aviation and aerospace.
Wisconsin MROs have once again been foiled in their attempt to get the state legislature to exempt private aircraft maintenance and modification from the 5.5-percent state sales tax. While the tax does not apply to aircraft operated under Part 121 or 135 certificates, it does apply to those operating under Part 91.
When former Transportation Secretary Ray LaHood announced formation of the Future of Aviation Advisory Committee (FAAC) in 2010, he promised that efforts of the 19-member group would not languish on a shelf and be forgotten like the work of several other aviation panels over the past two decades. So how’d he do?
The FAA’s NextGen ATC modernization program faces long-term technical risks and still uncertain acceptance by airspace users. But after a decade in development, NextGen could be stalled by a nearer-term threat: substantially reduced funding from Congress. In June, the House appropriations committee released transportation funding legislation for Fiscal Year 2014 that would reduce the FAA’s capital funding account, which supports NextGen programs, to its lowest level since 2000.
The heads of the various general aviation trade associations participated in a roundtable forum here at AirVenture Tuesday to discuss the industry’s deteriorating relationship with the FAA. Attendees were asked to sign petitions opposing user fees and the FAA’s imposition on air traffic fees at AirVenture and given “This Isn’t Over Buttons,” referring to the EAA’s continuing legal challenge of those fees.
On Thursday, four Texas-based creditors filed an involuntary Chapter 7 (liquidation) bankruptcy filing against Avantair in Florida’s Middle District (Tampa) U.S. Bankruptcy Court. A summons was sent to Avantair on Friday and the company has until August 16 to respond. If Avantair does not respond by then, the court may allow the bankruptcy case to proceed; if it does respond, a hearing will be set and the judge will then decide if the case has merit to proceed.
The FAA’s demand that the Experimental Aircraft Association (EAA) pay $447,924 for ATC services at this year’s AirVenture celebration in Oshkosh, Wis., stunned the entire aviation community, and ran contrary to the decades-long relationship between the two organizations. In the days leading up to EAA AirVenture 2013 (July 29-August 4), EAA board chairman, acting president and CEO Jack Pelton spoke with AIN about the association’s response, as well as changes at this year’s AirVenture and to EAA itself.
General aviation interests are hailing the growth of the House General Aviation Caucus, which has reached a record total of 200 members of the House of Representatives, making it one of the largest and most active caucuses in Washington, D.C. Formed in 2009, the House GA Caucus–and its companion GA Caucus in the Senate–serves as an informal group of lawmakers, assembled to promote the role the industry plays in local communities and the national economy. Both caucuses work to inform debates about policies affecting the general aviation community.
The European Business Aviation Association has protested proposed new European Commission guidelines restricting state aid for airports. The rules would seek to phase out all public support for airports over a 10-year period and would introduce a sliding scale that limits permitted aid to airports with fewer than five million passengers per year and bans it for facilities with more than that throughput.
For a time in the 1970s and 1980s, Wisconsin Sen. William Proxmire gave out his Golden Fleece Awards. But they had nothing to do with Jason and Argonauts.