Business

January 28, 2013 - 2:25pm

Dassault has awarded its two training partners, CAE and FlightSafety International, certificates demonstrating full compliance with requirements of the new Falcon training policy manual. The manual is intended to ensure that Falcon operators around the world are trained to the same quality standard and benefit equally from the most up-to-date technical information on each aircraft they operate. The certificates cover training of pilots, maintenance personnel and cabin crew.

January 28, 2013 - 11:55am

The U.S. FAA has formed an aviation rulemaking committee (ARC) to make recommendations by next summer on safely allowing the use of portable electronic devices (PEDs) in flight. The committee will meet as in-flight entertainment and consumer electronics associations turn up the pressure to ease current restrictions on PEDs with new research on airline passenger demand.

January 28, 2013 - 11:50am

ATR has confirmed that it will further boost production this year and present a business case to its shareholders for a new 90-seat model.

While addressing journalists at the company’s base in Toulouse, southern France, CEO Filippo Bagnato said that ATR had recorded a “good” level of orders in 2012 (firm orders for 74 aircraft and options on 41), worth $2.6 billion at list prices. Meanwhile, revenue increased to a record $1.44 billion, up 11 percent on 2011 and with a big jump from $500 million in 2005.

January 25, 2013 - 2:16pm

Hawker Beechcraft key creditors voted “overwhelmingly” today to approve the Wichita-based OEM’s proposed Joint Plan of Reorganization as part of its efforts to emerge from bankruptcy.

January 25, 2013 - 7:04am
Signature president and COO Maria Sastre

At NBAA’s Schedulers & Dispatchers annual conference this week in San Antonio, AIN caught up with Maria Sastre, the recently promoted president of Signature Flight Support.

January 24, 2013 - 3:50pm
Gulfstream G650

Revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, soared to $6.91 billion last year, up more than $900 million from 2011, thanks in large part to Gulfstream. Profits at the division climbed by $129 million to $858 million. During an investor conference call yesterday, General Dynamics chairman and CEO Phebe Novakovic forecast that the division will see 16-percent sales growth this year.

January 24, 2013 - 3:43pm

Cessna Aircraft and Bell Helicopter parent company Textron yesterday reported a $1 billion increase in revenues, to $12.237 billion, last year, but it was the performance at Bell that contributed most to this gain. Manufacturing profits also rose by more than $140 million, to $1.07 billion, again mostly due to the helicopter manufacturer.

January 24, 2013 - 3:42pm

Online information provider Weather Services International (WSI) has enhanced the functionality of its popular Pilotbrief Optima platform with the addition of global optimized flight planning. At NBAA’s Schedulers & Dispatchers annual conference in San Antonio this week, the Massachusetts-based company demonstrated the system’s new capabilities.

January 24, 2013 - 3:38pm

Qatar-based Rizon Jet says the country’s Civil Aviation Authority (CAA) is unfairly blocking the company’s plans to expand its business aviation services. The privately owned group charged on Tuesday that it is “facing hindrances that make it impossible to sustain a viable business in Qatar.”

January 24, 2013 - 3:30pm

Former Cessna chairman and CEO Jack Pelton is among a half-dozen veteran business and military aviation executives who have joined forces to offer remanufactured turbine-powered aircraft to the aviation and defense industries. The newly formed company, The Aviation Alliance, also announced its first business aviation offering yesterday: the Excalibur 421.

 
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