Cirrus restructured more than $13 million worth of loan and lease obligations related to its Grand Forks, N.D. production facility with that city’s growth fund. Cirrus employs approximately 90 people in Grand Forks who make composite component parts for its SR piston aircraft that are then shipped to the company’s assembly line in Duluth, Minn. Since 1996, Grand Forks has issued various bonds and loans in support of these activities, including construction of more than 160,000 sq ft of facilities.
Geography of the United States
Wichita’s future as an aircraft manufacturing hub has appeared less than rosy of late, but the outlook took a turn for the better with news today that Bombardier plans further expansion of its Learjet facilities there. This morning, Kansas Gov. Sam Brownback and Bombardier Business Aircraft president Steve Ridolfi announced the expansion of the company’s flight-test center in Wichita, in addition to establishing a center of excellence for engineering and information technology, adding new facilities for paint and production flight-testing and building a new aircraft delivery center in the self-appointed Air Capital of the World.
In response to recent confusion regarding the status of the Cleveland Jet Center (CJC) at Cleveland Cuyahoga County Airport, AIN learned that the facility was placed into court-ordered receivership late last month as a result of default proceedings on a multimillion-dollar loan by owner Canyon Properties. Canyon is run by Scott Beale, the chairman and CEO of Michigan-based Aerodynamics (ADI), and his wife, Jennifer. At a hearing last Thursday, a Cuyahoga County court ruled that CJC will remain in the hands of the receiver until the dispute is settled or the property is sold.
The City of Pompano Beach is extending the main runway at Pompano Beach Airpark by 500 feet. Upon completion early this year, Runway 15-33 at the Fort Lauderdale area airport will be 4,918 feet long, allowing for easier takeoffs and landings and affording an increased level of safety.
The present expansion is somewhat ironic. The city–in an attempt to emphasize the former military training base’s GA-only usage–shortened 15-33 from its original length of 5,000 feet to its current length of 4,420 feet in 1971.
Envision Aviation has a vision for paint schemes that it is translating to the exterior paint of business jets. “We’ve done two airplanes and are most definitely open for business,” said Envision president Heath Moore of his newly defined company.
The pace of the decline of general aviation aircraft deliveries slowed in the third quarter, according to statistics released yesterday by the General Aviation Manufacturers Association (GAMA).
Million Air officially opened its new $12 million general aviation complex at Gulfport-Biloxi International Airport this week. The FBO complex includes a 12,500-sq-ft hangar, 20,000-sq-ft hangar and adjacent 3,000-sq-ft U.S. Customs facility, as well as 200,000 sq ft of ramp space.
GE Aviation has broken ground on a jet-engine components factory in Auburn, Ala. The 300,000-sq-ft manufacturing plant will produce precision, super-alloy machined parts for GE jet engines that will power future commercial and military aircraft and will support the fleet of GE engines already in service.
What’s the air capital of the world? Thirteen partners hope you’ll answer “Wichita,” at least after they finish their marketing campaign here at the NBAA show. The campaign claims the “air capital” title based on what its backers say is the city’s position as the number-one site for aviation manufacturing, skilled aviation workers and a robust aviation supply chain.
The flow of aircraft, people and exhibit booth material is accelerating toward Las Vegas in preparation for the NBAA’s 64th Annual Meeting & Convention, which starts on Monday.