Bend, Ore.-based Epic Aircraft today launched a pair of turbine twins at the Sun ’n’ Fun Fly-In in Lakeland, Fla. Despite the current economic climate, company CEO Rick Schrameck told AIN that this is “just the time to invest” in developing more aircraft.
AINalerts » April 21, 2009
Westchester County authorized the county executive to sign a lease with JPMorgan Chase for Hangar E-1 at Westchester County Airport in White Plains, N.Y., but the actual lease has been delayed by court action.
Despite an order backlog covering 5,000 aircraft, turbine business aircraft manufacturers could experience the steepest decline in production of any aerospace sector, according to a presentation by AeroStrategy at an aerospace materials conference in Pittsburgh last week. These manufacturers have already announced 20- to 30-percent production cutbacks this year, but AeroStrategy partner Kevin Michaels said this could yet grow to 40 percent.
On Friday, JetDirect Aviation chairman and CEO Greg Campbell notified employees that their jobs were terminated and that JetDirect has “ceased to operate.” Shortly after that notification, Wayfarer Aviation announced it had purchased “substantially all the assets of JetDirect Aviation.” Wayfarer Aviation is the new name for
Fractional ownership provider NetJets and its pilots union have collaborated on a voluntary furlough-mitigation program in an attempt to reduce the threat of crew job cuts in the face of reduced flying demand.