Sikorsky Aerospace Services (SAS), an aftermarket division of Sikorsky Aircraft, has acquired Woodland, Wash.-based LifePort, a major accessories manufacturer specializing in air medical systems, interior furnishings and lightweight armor for fixed-wing aircraft and helicopters. The acquisition further strengthens SAS’s accessories business segment.
AINalerts » July 6, 2010
A shakeup in the methods by which federal funds are allocated to GA airports through the Airport Improvement Program (AIP) could soon be in the works.
Before high-tailing it out of Washington, D.C., last week for what is euphemistically called the Independence Day “district work period,” Congress extended funding for FAA operations and programs for a 14th time.
According to TraqPak data released today by aviation specialized services firm Argus, business aircraft flight activity increased 4.9 percent last month compared with June last year. Activity last month was positive across all aircraft types: midsize jets led with a 10-percent increase over June 2009, followed by light jets (5.8 percent), large-cabin jets (2.5 percent) and turboprops (0.7 percent).
The recovery in the business jet market continues but is still a bit uneven, according to the JPMorgan monthly business jet report released this morning. Pre-owned jet inventory of in-production models fell to 11.9 percent last month–the first time it has dipped below 12 percent since October 2008–but it did not do so uniformly. Midsize and large-cabin jet inventories decreased, while the supply of light jets increased slightly.