Content Archive: August 2008

Accidents

Low-altitude steep bank preceded Learjet crash

The NTSB is about a month into its investigation of the fatal crash of a Learjet 35 that was attempting to land at Groton New London Airport in Connecticut

Embraer's profits slide

Brazil’s Embraer saw its net income for this year’s second quarter plummet to $4.9 million from $36.9 million during the same period a year earlier, as cha
Finance, Taxes, Insurance

Bombardier sells corporate jet finance business

General Electric has purchased the bulk of Bombardier Capital’s corporate aircraft leasing and financing business.
Accidents

NTSB: Hawker Crashed on Go-around

The East Coast Jets-operated Hawker 800A that crashed Thursday morning at Owatonna (Minn.) Degner Regional Airport, killing all eight on board, briefly tou

Comp Air 12 Aims for Certification and No Kit Version

Merritt Island, Fla.-based Comp Air is moving ahead with plans to certify the Comp Air 12 and will not offer a kit version of the hefty turboprop single, a

Solid Quarter at Hawker Beech Overshadowed by Strike

Hawker Beechcraft today reported increased orders, improved sales and higher earnings during the second quarter versus the same period last year.
FBOs

Jet Aviation Beijing FBO Ready for Olympics

Jet Aviation and joint-venture partners Deer Air and Reach Investment’s new FBO facilities at Beijing Capital International Airport opened earlier this wee

Embraer Profits Up, Bizjet Programs on Track

Brazilian aircraft manufacturer Embraer on Friday announced second-quarter sales of $1.63 billion, up 43.7 percent from a year ago, and a profit of $134.4
Charter & Fractional

Major providers mature as local frax firms hatch

Executive Jet Aviation owner and CEO Richard Santulli brought the fractional-ownership concept to the business aviation community in the mid-1980s.
Avionics

Avionics Update: OPSAT secures blanket approval for WAAS navigator

The FAA has issued a technical standard order and blanket installation approval covering 850 aircraft models for the CNX80 all-in-one GPS navcom from Salem