International Brotherhood of Teamsters Local 1108, the union for Flight Options’ 500 pilots, this week announced that it reached a tentative agreement for a first contract last Thursday with the Cleveland-based fractional provider. The agreement comes some four years after the union came on the property and, if ratified, will end years of sometimes acrimonious negotiations.
Avidyne is offering an extended warranty plan called FlexCare, available for one-, two- or three-year terms after the original two-year warranty expires. Coverage is the same as provided by the original warranty, including parts, labor, dealer removal and installation and calibration charges as well as Avidyne’s platinum exchange and advanced exchange services for expedited return to service and in- and outbound shipping on exchanges.
Garmin International opened NBAA’08 by announcing a pair of offers to purchasers and operators of its G1000 integrated flight deck that include price breaks on popular options and an extended warranty on the system itself.
A Sentient Flight Group executive told AIN today that the funding round referenced in yesterday’s issue of AINalerts (click here for story) has closed, putting the company on a more stable financial footing.
A battle is brewing between the Million Air FBO franchising company and one of its more prominent franchisees, a group of seven Million Air FBOs owned by various companies led by Ken Allison. The FBOs, called “Jason III Aviation et al” in the lawsuits, include Million Airs in Cincinnati and Columbus, Ohio; New Orleans and Lafayette, La.; Chicago; Asheville, N.C.; and Charleston, S.C.
Buying an aircraft can be a daunting task. Unless a company or individual has deep pockets, it will inevitably require either leasing with an option to buy or financing a purchase. Even if paying in cash is an option, doing so can be problematic. Dave Labrozzi, senior v-p and general manager of Danbury, Conn.-based GE Corporate Aircraft Group, explained the difference between leasing with an option to buy and outright purchase.
The acquisition costs of the three diagnostic systems assessed above vary markedly, but what is the annual cost of ownership to operators? To calculate this, AIN assumed a three-year amortization of the purchase price for the VitalLink and Tempus systems (EMS-Link is leased).
Pilots often wonder what happens if they sign a contract to repay training costs when accepting a flying job that involves expensive simulator training but quit before the contract has expired. Conventional wisdom is that such contracts are not enforceable and the hiring company eventually drops the issue. That was not the case for Allen Miller, who accepted a job with Bombardier Aerospace’s Flexjet fractional operation in July 2000.
The pilots of Dallas-based CareFlite have approved a new contract including a pay hike, ending more than a year of work (and grueling negotiations) without a contract. The new three-year contract includes expanded pay and benefits for the pilots, including guaranteed overtime, annual pay increases of up to 6.2 percent and an average starting salary between $47,561 and $66,000.