AINalerts » June 24, 2010

June 24, 2010 - 12:16pm

Federal officials said they would move quickly to circumvent and appeal a U.S. District Judge’s injunction Tuesday to overturn the Obama Administration’s six-month ban on new deepwater offshore oil drilling in the Gulf of Mexico. Under the ban, which was imposed shortly after the April 20 Deepwater Horizon explosion, the Interior Department stopped issuing new drilling permits and halted drilling at 33 exploratory wells.

June 24, 2010 - 12:14pm

All aviation stakeholders must work together to ensure the health of the industry, Cessna chairman, president and CEO Jack Pelton said at an Aero Club of Washington, D.C. function this week. It was this kind of cooperation, he noted, that squelched the negative rhetoric around the general aviation industry since the economic recession began.

June 24, 2010 - 12:12pm

On Tuesday, AgustaWestland broke ground on a new Russian production plant at Tomilinom, near Moscow. The 120,000-sq-ft building will house another final assembly line for the AW139 medium twin helicopter that will be operated by HeliVert, a 50-50 joint venture between AgustaWestland and state-owned Russian Helicopters. The AW139 is currently manufactured in Italy, as well as in the U.S. at Agusta’s Philadelphia plant.

June 24, 2010 - 12:11pm

The Aircraft Electronics Association (AEA) yesterday clarified the FCC’s recent announcement that it plans to ban 121.5-MHz ELTs in airplanes. According to the AEA, August is the “absolute earliest” the FCC rule could become effective since the agency has not submitted a final rule to the Federal Register for publication, which would then start a 60-day clock for implementation.

June 24, 2010 - 12:09pm

The DOT Inspector General warned in a recently released report that the FAA is facing several challenges that could delay its transition plan to NextGen. Most critically, the DOT watchdog said, the FAA has not set realistic NextGen expectations and firm requirements for what can be achieved in the midterm and for assessing the associated risks.

June 24, 2010 - 12:07pm

A report released by JetNet on Tuesday shows that the number of pre-owned business jets and turboprops on the market last month fell by more than 7 percent on a year-over-year basis. But inventory as a percentage of in-service aircraft still remains high for business jets at 15.3 percent (2,674 aircraft), and while down 2.1 percent from May 2009 this still indicates a buyerís market for this category.

 

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