The major deficit-reduction mechanism that the U.S. government adopted as law more than a year ago but never really intended to use, will nevertheless take effect on March 1 after political parties failed to reach agreement on cutting costs. “Sequestration” forces the Department of Defense to slash $46 billion from its budget through the end of the fiscal year in September, and some $500 billion over the next decade.
Contrary to recent speculation in the financial press, EADS has no intention of reviving the merger talks with BAE Systems that were aborted last October. “It’s not on our radar; we’re both moving on,” said Tom Enders, CEO of EADS. “All the stars were aligned last summer, or so we thought. But at least one proved to be missing,” he continued, in a reference to the German government’s opposition to the merger.
Craig Fuller, president and CEO of the Aircraft Owners and Pilots Association, announced today that he intends to step down from his position and from the group’s board. According to AOPA, Fuller plans to remain in his current role until a successor is in place. The board will conduct a national search for his successor. Fuller took office Jan. 1, 2009, and is only the fourth president of AOPA since the association’s founding nearly 75 years ago. He will assist with the search for a new president and the transition to a new administration.
The U.S. Department of Transportation and the Federal Aviation Administration have released details of the cuts they will make if mandated budget reductions from “sequestration” take effect March 1. The likelihood of Congress acting to prevent sequestration appeared to be dimming last week.
The International Civil Aviation Organization (ICAO) conducted a fresh audit of the aviation safety system run by the Civil Aviation Authority of the Philippines (CAAP) in what regulators there hope will lead to an upgrade of that nation’s Category 2 safety status to Category 1. Such an upgrade would spearhead the move to allow Philippine airlines to operate to the U.S. and Europe. The FAA downgraded the Philippines to Category 2 over safety concerns in 2009, with Europe blacklisting the carriers in 2010.
At a White House press conference this morning, U.S. Transportation Secretary Ray LaHood laid out the likely consequences of possible automatic federal budget cuts, also called sequestration, scheduled to start on March 1, to his department and the U.S. FAA.
Inadequate infrastructure, excessive government fees, legal barriers and skills shortages are the main factors holding back the growth of business aviation in Africa, according to a policy document published yesterday by the African Business Aviation Association (AfBAA).
The U.S. military cleared the F-35B short takeoff/vertical landing (Stovl) variant of the Joint Strike Fighter to resume flight operations last week, ending a grounding of more than three weeks that was ordered after a fuel line failed in a test aircraft at Eglin Air Force Base, Fla.
The integration of the Indo-Russian BrahMos missile on 40 of the Indian air force (IAF) Su-30MKI fleet of combat aircraft is proceeding this year. The land- and ship-launched version of the highly maneuverable, supersonic, anti-ship cruise missile have already been tested successfully.
Duncan Aviation added an upgraded hydraulic Skydrol test bench to expand capacity and capabilities for large aircraft and to move in-house work that had been outsourced. “The addition will increase the efficiency of our component capabilities for landing-gear projects and add more than 100 part numbers to Duncan Aviation’s hydraulic support team, especially in the Challenger and Global markets,” said Marty Lincoln, accessories manager at Duncan Aviation’s Lincoln, Neb., location.