The FAA announced January 31 that it is downgrading India’s aviation safety rating to category two from category one in response to a recent International Aviation Safety Assessment (IASA) audit. A category-two rating means India no longer complies with ICAO safety standards. India will be allowed to maintain its current level of airline service to the U.S.
In 2009 offshore-energy helicopter operator Bristow Group bought 42.5 percent of Brazil’s Lider Aviação Holding for $174 million. “Bristow is happy with its investment in Lider,” Bristow executive vice president Mark Duncan recently told AIN. “It was a bold and strategic move and it was the right move.”
Wholly owned American Airlines regional subsidiary American Eagle Airlines will change its name to Envoy this spring, the company announced last month. It said the move stems from the need to eliminate confusion between the company’s current name and American Eagle, the regional flying brand under which all of American’s 10 regional affiliates will eventually operate.
With PilotEdge live ATC feed, online sim training gets real
by Matt Thurber
With its new name in place, Airbus Helicopters (née Eurocopter) is embarking on a transformation, according to CEO Guillaume Faury. He wants production processes to improve, has reshuffled priorities in research and development (R&D) and envisions a new market for the company’s product line.
A no-reserve auction held on January 10 in a warehouse just a mile from Avantair’s former Clearwater (Fla.) Airport headquarters raised a “couple of million” dollars for the estate of the bankrupt fractional aircraft company, according to auctioneer Starman Bros. Auctions. Citing rules under bankruptcy laws, auctioneer president Steve Starman told AIN that he couldn’t provide a more detailed account of the funds raised. The counsel for Avantair’s bankruptcy trustee didn’t respond to AIN’s queries asking for a more accurate figure.
Air Line Pilots Association union leaders and American Eagle management reached an agreement in principle last month that would guarantee the 60 Embraer E175s ordered by American Airlines go to the wholly owned regional carrier. In return, Eagle pilots would have to forego any pay raises until 2018 and accept increases to their contribution to their health insurance premiums starting next year.
In one of the biggest consolidations in the business aviation industry since Bombardier Aerospace combined Canadair, Learjet, de Havilland and Short Brothers in the late 1980s/early 1990s, Cessna Aircraft parent Textron announced on December 26 that it will acquire Beech Holdings LLC, the parent of Beechcraft Corp., for approximately $1.4 billion in cash. The deal is expected to close by the middle of this year.
Abu Dhabi-based charter group Royal Jet has partnered with Air Seychelles to open a new FBO at Mahé International Airport, the archipelago’s main gateway. The partners believe that the new Air Seychelles VIP facility could trigger a spate of FBO developments in other parts of Africa.
Reports that the captain of the Asiana Airlines Boeing 777-200ER that crashed at San Francisco International Airport was stressed about landing at the airport without a glideslope left many of us shaking our heads.