Directional Aviation Capital (DAC)–the company headed by Kenn Ricci that owns Flight Options, Sentient Jet, Nextant Aerospace and Constant Aviation, among others–announced today that it is buying fractional provider Flexjet from Bombardier for $185 million. The transaction is expected to close by year-end, pending U.S. government approvals. All Flexjet employees will be retained, Ricci noted.
The trustee overseeing Avantair’s involuntary bankruptcy is seeking a halt to a class-action lawsuit brought against the company on behalf of former employees alleging Fair Labor Standards Act violations for failure to pay for work performed or provide proper termination notification.
The pilots of Irish regional carrier Aer Arann voted last month by a 91-percent margin to initiate a pair of two-day strikes starting August 20. Plans called for the strikes to affect Aer Arann-coded flights and regional flights it operates on behalf of Aer Lingus.
Bell Helicopter and United Auto Workers Union (UAW) Local 218 continue their bargaining sessions in the wake of the union’s overwhelming rejection of the company’s latest contract proposal covering 2,500 production and manufacturing workers in the Fort Worth, Texas area.
The National Air Transportation Association (NATA) recently revised its online NATA Safety 1st Hazardous Communications (HazCom) training program, and employers can use the revised NATA Safety 1st HazCom module to train employees to new OSHA standards.
In response to fleet growth and an uptick in its business, fractional provider Bombardier Flexjet has resumed hiring pilots after ceasing such activity, and then subsequently furloughing pilots, during the Great Recession. It recalled all of its furloughed pilots earlier this year. “We are thrilled to be expanding our dedicated pilot team…and anticipate hiring in the double digits this year and beyond,” said Flexjet vice president of operations Jason Weiss.
As the pool of maintenance technicians recedes, Greensboro, N.C.-based Timco Aviation Services is meeting its hiring requirements through a program with Guilford Technical Community College (GTCC). According to Kip Blakely, Timco’s v-p of industry and government relations, local-area residents are attracted to the maintenance program because it offers graduates the potential for a well paying career in the local area.
Bombardier Aerospace has signed a letter of intent to authorize Ethiopian Airlines of Addis Ababa to perform line and heavy maintenance on Q400 turboprops, the manufacturer announced last month. The parties expect the agreement to take effect this month.
Ethiopian Airlines’ overhaul and repair facilities at Bole International Airport in Addis Ababa employs an all-Ethiopian workforce of more than 750 licensed technicians and support staff.
The Independent Fixed Base Operators Association (Ifboa) announced last month that it has now surpassed the 500-member-company mark. Founded in 2006, the group includes FBO operators, flight schools, repair stations and aircraft management and sales firms among its ranks.
Think of a city considered an aerospace manufacturing hub: Seattle, Toulouse, Wichita, São Jose dos Campos and Montreal all come to mind.
How about Rockford, Illinois?