Business

October 8, 2012 - 4:03pm

The pilots of American Eagle voted on Monday to ratify a tentative agreement reached last month between their Air Line Pilots Association bargaining committee and airline management. Seventy percent of participating pilots voted in favor of the agreement. Of the airline’s some 3,000 pilots, 85 percent cast ballots.

October 8, 2012 - 2:10pm

In the first nine months of 2012, the number of accidents involving both U.S.-registered and non-U.S.-registered business jets increased over numbers recorded in the same period last year. According to figures compiled by AIN, the total number of nonfatal N-registered business jet mishaps increased slightly from 21 in the first three quarters of 2011 to 23 in the same period this year. Fatal accidents climbed from one event last year to four this year, and fatalities jumped from four last year to 17 this year.

October 8, 2012 - 1:50pm

The Australian Business Aviation Association (ABAA) has asked the Australian government to begin treating business aircraft with the same sort of priority as airliners by allowing them to take part in the airport slot system currently in place at Sydney. The current airline slot system restricting both domestic and international business aviation is expected to take effect soon at both Brisbane and Perth.

October 8, 2012 - 1:41pm

The International Civil Aviation Organization’s symposium on performance-based navigation (PBN) runs from October 16 to October 19 at ICAO headquarters in Montreal. The event will include speakers and attendees from every PBN stakeholder group, including pilots, air traffic controllers, airlines, system manufacturers, regulators and air navigation service providers.

October 8, 2012 - 10:50am

Ireland-based aircraft lessor Avolon is speaking out against what it characterizes as irresponsible speculation that the economic life of modern airliners has been significantly reduced by the dismantling (for parts) of a number of relatively young aircraft, such as the Airbus A318. In an October 2 webcast, Avolon CEO Domhnal Slattery and head of strategy Dick Forsberg presented the results of a study drawing on raw fleet data provided by consultancy Ascend, combined with its own 10-year projections.

October 8, 2012 - 10:50am

After failing to reach an agreement with striking engineers and pilots who have not been paid since March this year, India’s Kingfisher Airlines has effectively grounded itself until at least October 12 by locking out staff. Kingfisher’s management, led by owner Vijay Mallya, is trying to renegotiate some $2.49 billion in debt with creditors while it struggles with serious cash-flow problems, evidenced by $1.9 billion in losses for the first half of this year.

October 5, 2012 - 9:36am
Pankl Aerospace Innovations won the first Sikorsky Innovations Entrepreneurial Challenge for its technology demonstrator, which featured active camouflage, bionically inspired rotor blades and advanced aerodynamics. Shown here is Pankl Aerospace Innovations CEO Sonya Zierhut.

Technology entrepreneurs take your marks! This year’s Sikorsky Innovations Entrepreneurial Challenge is open for submissions, but you have to act fast. Applications must be received by 5 p.m. EDT on Wednesday, October 10. Sikorsky Innovations is a division of Sikorsky Aircraft.

October 5, 2012 - 5:40am

American Eagle flight attendants voted to ratify a tentative contract agreement with the bankrupt airline last month. The Association of Flight Attendants (AFA) said the deal contains “substantial improvements” over management’s original bankruptcy term sheet as well as its so-called Last Best Final Offer. Eighty-seven percent of the AFA members who cast ballots voted in favor of the agreement.

October 5, 2012 - 4:55am

Pinnacle Airlines subsidiary Colgan Air performed its last revenue flight on September 5. Flight 3923, a Bombardier Q400 operating as United Express, flew from Washington Dulles International Airport to Albany International, arriving at 8:11 a.m. local time.

Pinnacle entered Chapter 11 bankruptcy protection April 1 and on that same day announced its plan to “wind down” all its turboprop flying and close Colgan by November 30. United’s ability to reach a deal quickly with Republic Airways to fly the 28 Q400s leased by Colgan allowed Pinnacle to accelerate the closure process.

October 5, 2012 - 2:10am

Officials in California have unanimously approved an environmental plan that could make March Air Reserve Base near Riverside, Calif., much more accommodating to private aircraft operators by 2014. The base, which features a 13,300-foot primary runway, has permitted private aircraft operations with prior approval only since 2008 and has a rudimentary trailer-based FBO to supply the few private aircraft arrivals with jet-A, the only fuel currently available.

 
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