The International Finance Corporation (IFC), a member of the World Bank, is proposing to loan up to $15 million to assist in establishing an on-demand air-taxi service in Russia using a fleet of Russian-made M101T turboprop singles.
A federal arbitrator’s ruling to award the Allied Pilots Association $23.2 million for American Airlines’ scope-clause violations appears to have achieved its desired effect.
While industry groups in the U.S. warn about the effects of rising regulatory costs on service levels at small regional airports, similar pressures have thrown Australia into an even more serious crisis, judging by the frantic warning calls emanating from the Regional Aviation Association of Australia.
Business aviation continues to be a bright spot in the FAA’s annual aviation forecast, with top executives of two business jet manufacturers and the leading fractional ownership provider presenting generally upbeat assessments at the agency’s Aviation Forecast Conference in Washington, D.C., in late March.
With election time nearing, look for presidential candidates to fuss, fret and be defensive about government spending. The Congressional Budget Office (CBO) issued a report that took issue with President Bush’s promise to cut the budget deficit in half in five years. Bush predicts a budget drop from $521 billion this year to $239 billion in 2009.
The warm breeze drifting across Singapore Seletar Airport brings a welcome respite from the midday heat in this island nation near the earth’s equator. At Jet Aviation Singapore, v-p and general manager Geoffrey Hopkins is anticipating a breeze of a different kind–a wind of economic recovery brought on by growing prosperity in the Asia-Pacific region.
Effective March 25 all general aviation aircraft are required to have slots for landings and takeoffs at London Luton Airport. The privately owned airport has said that it has had to introduce the requirement to be able to “better manage the flow of ad hoc traffic.” It has emphasized that it does not wish to discourage business aviation traffic.
Michael Scheeringa is the new COO of Cleveland-based Flight Options, with responsibilities for the overall operations, maintenance, procurement and customer care for the fractional provider. He was most recently v-p of the Express division at US Airways.
When business aviation is booming, as it is now, nowhere is it more evident than at FBOs, the place at airports where everybody ends up hanging out, working, planning, preparing, departing and arriving. FBOs are also the place where most people are introduced to non-airline aviation.
A cooling deficiency in Pratt & Whitney Canada’s PW306B turbofan has forced the company to correct and recertify the design after turbine blades showed premature wear on several Fairchild Dornier 328JETs. A company spokeswoman told AIN that PW&C would perform the “upgrade” as operators turn in their airplanes for regular maintenance.