Content Archive: July 2014

Finance, Taxes, Insurance

Aviation Director Allegedly Stole $2.7M from Employer

Kevin Boardman allegedly “devised numerous methods to embezzle money from his employer” between 2006 and last year.

Bombardier Exec Behind Successful CRJ Series Passes Away

Donald Lowe’s aerospace career began in 1975 when he was brought in to run United Aircraft (later Pratt & Whitney Canada) following a long labor strike.
Charter & Fractional

Acana and ACSF Team To Raise Air Charter Standards

The two associations are collaborating on the development and implementation of best practices “that will lead the air charter industry.”

NBAA Releases Business Aircraft Transactions Guide

Guide includes background on the most relevant FAA and DOT regulations, federal and state tax issues and aircraft ownership structures.

AirFleet Capital Closes 5,000th General Aviation Aircraft Loan

Company has transacted an average of 250 loans per year for customers purchasing aircraft, from warbirds to turbine business aircraft.

Virgin Australia Aircraft Flew 13 Times With Defects

Maintenance crews later identified severe damage to the ATR 72’s horizontal and vertical stabilizer sections.

FAA Updates Satellite Approach Numbers

The total number of Waas approaches available in the U.S. continues to grow.

European Commission Seeks User Input on System Safety

Survey looks at possible revision to EC regulation 216/2008.