EAS

July 30, 2008 - 9:37am

Central U.S. regional fractional provider Executive AirShare (EAS) last month signed an agreement to acquire 18 Embraer Phenom 100 delivery slots from Clearwater, Fla.-based Avantair, which offers shares in Piaggio Avantis. EAS also has an option to buy Avantair’s two remaining Phenom 100 positions. EAS now has firm orders for 28 Embraer Phenom 100s and four Phenom 300s, with options on 12 more 100s and four more 300s.

July 1, 2008 - 11:53am

Central U.S. regional fractional provider Executive AirShare (EAS) last week signed an agreement to acquire 18 Embraer Phenom 100 delivery slots from Clearwater, Fla.-based Avantair, which offers shares in Piaggio Avanti twin turboprops. EAS also has an option to buy Avantair’s two remaining Phenom 100 positions. The move ends Avantair’s plans for the 20 very light jets, which the company ordered in October 2006.

May 29, 2008 - 8:05am

The $63 million appropriated for the Essential Air Service program in this year’s transportation bill appeared likely to increase to a level closer to the full $120 million authorized by the Transportation Safety and Stabilization Act, as conferees last month weighed a Senate defense appropriations bill that would add another $57 million in EAS funding.

March 25, 2008 - 7:06am

Houston-based REW Investments has acquired Million Air Interlink, the franchise company that controls 21 privately owned Million Air FBOs. REW president is Roger Woolsey, who owns the Million Air franchise at Houston Hobby Airport.

September 11, 2006 - 10:04am

The Paris appeals court has rejected Flying Group’s appeal over its claims that the Euralair group reneged on a deal to sell the assets of its Le Bourget Airport FBO, Euralair Airport Services (EAS). The appeals court upheld an earlier ruling by the Bobigny commercial court that had dismissed the Belgian group’s claims and ordered that Flying Group pay Euralair $37,000 (€30,000) for an “abusive procedure.”

 
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