Aviation International News » January 2009

December 29, 2008 - 7:10am

Duluth, Minn.-based Cirrus Design announced late last month that president and COO Brent Wouters will take over the CEO role from company cofounder Alan Klapmeier on February 1. Klapmeier will continue to serve as Cirrus’s chairman of the board but will be less active in day-to-day operations at the company.

December 29, 2008 - 7:09am

The Department of Homeland Security’s new rule that requires general aviation pilots to file passenger names and other information to government officials before crossing a U.S. border became effective December 18, though compliance isn’t required until May 18. Under the rule, all Part 91 operators must electronically submit–via the Electronic Advance Passenger Information System (e-APIS)–to U.S.

December 29, 2008 - 7:04am

UBS Investment Research’s business jet survey released late last month shows a contracting market index that is “reflective of a market that continues to rapidly deteriorate.” According to UBS analyst David Strauss, “We believe this [is] a market with few serious buyers, too much supply and pricing that has fallen 25 percent or more over the past six to eight weeks.” A lack of financing is also endangering aircraft manufacturers’ backlogs, UBS

December 29, 2008 - 7:03am

Retiring congressman Ray LaHood (R-Ill.), who presided over the impeachment of President Clinton, was nominated December 19 as the new secretary of transportation in President-elect Barack Obama’s Administration and the second Republican to sit in his Cabinet.

December 29, 2008 - 7:02am

Cessna took the size of its European Citation fleet to 1,000 aircraft on December 16 when it delivered a Citation XLS to Turkish charter operator Bonair.

December 29, 2008 - 7:00am

Eclipse Aviation filed for Chapter 11 protection in U.S. bankruptcy court in Delaware on November 25, leaving creditors holding $702.6 million in claims. The move closely followed two major achievements in the company’s history, EASA certification of the Eclipse 500 very light jet and FAA certification of the Avio NG 1.5 avionics system.

December 29, 2008 - 6:56am

The February 27 deadline for comments about the Transportation Security Administration’s Large Aircraft Security Program (LASP) rules proposal is rapidly approaching, and on December 17 the TSA released plans for a series of town hall meetings to solicit more input from the general aviation community. The meetings begin January 6 at Westchester County Airport and end January 28 in Houston (see box).

December 29, 2008 - 6:54am

The news that General Motors and Ford are shutting their flight departments has rattled the business aviation community. Some attributed the actions to the sensational media coverage the “Big 3” (General Motors, Ford and Chrysler) executives faced after flying to Capitol Hill in private jets, while others blamed the subsequent $14 billion House bill that called for the distressed companies to sell their aircraft as a condition of the bailout.

December 29, 2008 - 6:52am
...

Christmas came early for Embraer. The Brazilian manufacturer’s first clean-sheet business aircraft, the Phenom 100 light jet, was certified on December 9 by the Agência Nacional de Aviação Civil of Brazil and three days later by the FAA, bringing Embraer a step closer to its goal of becoming “a major player” in the business aviation market.

December 29, 2008 - 6:48am

Six months ago, business aircraft manufacturers were publicly confident that their backlog of new aircraft orders stretching well into the next decade would provide a buffer to ease the industry through what was already flagged as an economic crisis. Today, cancellations and delivery deferrals are eating into those backlogs, and the OEMs are making adjustments that were only being hinted at two months ago.

 
X