Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

The City of Roseville Employees’ Retirement System has filed a class-action complaint alleging that investors in Textron shares were misled by statements about backlogs at Cessna Aircraft. The complaint alleges, “Textron was accepting orders for business jets from a growing number of customers that were mere start-up and/or financially distressed fleet operators who neither intended to, nor possessed the financial resources to, pay for or take delivery of aircraft during 2008-9 and beyond.”

Lawsuit Targets Textron Backlog

The City of Roseville Employees’ Retirement System has filed a class-action complaint alleging that investors in Textron shares were misled by statements a

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