Travel in private aircraft like this Embraer 300 is being offered at deep discounts by Jumpjets. On-demand private jet travel from 40 cities to 500 U.S. airports will soon be an option for prices starting at an average of less than $3,000 per round trip flight, thanks to patent-pending scheduling software developed by a California … More Private jet travel pitched at first-class price
Bombardier (BDRBF.PK) is a Canadian train and airplane manufacturer, which trades under the symbols BBD.A and BBD.B on the Toronto Stock Exchange. According to its most recent annual report for the fiscal year ended January 31, 2011, and an investor fact sheet provided by the company, Bombardier is the third largest civil airplane manufacturer in the world. The report … More Is Bombardier Flying Under The Radar Of Aerospace Investors?
Oct 12, 2011 By Guy Norris guy_norris@aviationweek.com LOS ANGELES In an unprecedented move designed to outflank General Electric and its CFM partner Snecma, Pratt and Whitney and Rolls-Royce have announced plans to form a new engine joint venture to power future mid-size aircraft based initially on the geared turbofan (GTF) configuration. The shock about-turn … More Rolls Joins Forces With Pratt On Future GTF
By DAVID BARBOZA, CHRISTOPHER DREW and STEVE LOHR This article was reported by David Barboza, Christopher Drewand Steve Lohr and written by Mr. Lohr. Lin Zuoming, president of Aviation Industry Corporation of China, with Jeffrey R. Immelt, G.E.’s chief, at a 2009 event in Beijing. As China strives for leadership in the world’s most advanced industries, it sees commercial jetliners — … More G.E. to Share Jet Technology With China in New Joint Venture
By Bradley Perrett Beijing If there is one area in which China has had persistent difficulty catching up with Western aerospace technology, it is aviation gas turbines. Chinese aero-engines are known for poor efficiency and low reliability, and it would well suit China’s neighbors and the U.S. if they kept that reputation. So the prospect … More China Aims For Gas Turbine Catch-up
Boeing Challenges Industry to Meet Unprecedented Demand for Aviation Personnel LE BOURGET, France, June 22, 2011 /PRNewswire/ — Boeing (NYSE: BA) today called upon the aviation industry to invest, evolve and adapt to support the expected exponential growth in demand for qualified aviation personnel as the company released its 2011 Pilot and Technician Outlook … More Boeing Challenges Industry to Meet Unprecedented Demand for Aviation Personnel
L-Band Testing by Garmin of Llightsquared proposed frequency usage and effect on GPS The Space-Based PNT National Coordination Office is located in the Dept. of Commerce Hoover Building Representatives from the Federal Aviation Administration (FAA), LightSquared, and Trimble will weigh in on theGPS vs. LightSquared interference at the afternoon session of a National Space-Based Positioning, Navigation and Timing (PNT) … More PNT meeting on Lightsquared testing effects on GPS usage
NetJets, the original and by far the largest fractional aircraft operation, was founded by Richard Santulli in 1986 and acquired by Warren Buffett’s Berkshire Hathaway conglomerate in 1998 for $725 million. A decade later, the company operated some 800 business jets in the United States and Europe for thousands of share owners. However, once the … More NetJets Ascendant
Thielert Aircraft Engines GmbH says it has returned to profitability, improved its engines and is now seeking investors to continue its revival. “It is a very good time to start seeking a new investor,” said Bruno M. K bler, the government-appointed bankruptcy administrator who took over Thielert in 2008 when the company went under … More Thielert: Profitable, Seeking Investors
Funds invested by two area angel groups were presented to officials with Engineered Propulsion Systems Inc. Nov. 15 at the New Richmond Regional Airport. Pictured,left to right, are John Soderberg, First National Community Bank; Paul Mayer, president of the New Richmond Area Economic Development Corp., representing the New Richmond Angel Investment Network; Steven … More Engineered Propulsion Systems Inc. officials accept investors’ funds Nov. 15
Mon, 29 Nov ’10 Surprising/Worrisome Details Swirl Around Future of Company News and Analysis by ANN Editor-In-Chief/CEO Jim Campbell ANN has been monitoring a number of reports suggesting that a change in Cirrus Aircraft’s ownership may soon take place. Reports from a number of persons with information on the company’s potential plans (which have been … More Cirrus Denies Reports of Sale To China
November 18, 2010 – Kerrville, Texas Mooney employees received unwelcome news this week as the holiday season approaches. More difficult decisions were necessary that will eliminate many of the current positions at the company by year end. “We are not shutting down,” said Mooney Chief Financial Officer Barry Hodkin. “However, we cannot continue to subsidize … More Mooney Aviation Company Announcement
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