Content Archive: March 2008

Aircraft

Service Reps Gear Up for HondaJet Entrance

HondaJet Midwest distributor Des Moines Flying Service plans to open a 5,000-sq-ft showroom and maintenance center at the Aurora (Ill.) Airport in July 201
FBOs

Million Air Interlink Sold to Houston Investor

Houston-based REW Investments has acquired Million Air Interlink, the franchise company that controls 21 privately owned Million Air FBOs.
Aircraft

Eclipse Secures Another $38 Million in Private Funding

Eclipse Aviation, developer of the Eclipse 500 ultra-light twin jet, secured $38 million in financing last month, closing a third round of equity financing

Goodrich Promotes Larsen to President and COO

Marshall Larsen, 53, has been named president and COO of Goodrich.

Questions linger after Adam collapse

Among the bits of information flowing from the February 15 bankruptcy of Adam Aircraft Industries is a petition filed by Adam attorney Frances Cetrulo and
Engines

TPE331 Engines Subject of Proposed AD

Reports of six uncontained turbine-wheel separations attributed to fatigue damage have prompted a proposed AD to require replacing certain turbine stator a
Aircraft

Alliance To Be Gulfstream Sales, Design Center

Over the next several months, Gulfstream will end Gulfstream 200 (nee Galaxy) business jet completion work at Alliance Airport in Fort Worth, Texas, and tu
Charter & Fractional

Marquis offers European ‘minishares’

Marquis, the U.S.-based remarketer of Executive Jet’s NetJets fractional-ownership shares, has opened a European sister company.
Finance, Taxes, Insurance

FAA nets small increase in 2003 budget funding

The President’s Budget of the United States has usually been delivered by the Government Printing Office to Congress bound in a sober, solid navy.
Charter & Fractional

AirSprint Places $116 Million Bizav Order

Canadian fractional aircraft provider AirSprint last month placed an order for 23 business aircraft worth an estimated $116 million.