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Finance, Taxes, Insurance
Honeywell Finishes 2015 Strong, Casts Eye Toward 2016
Despite a sixth straight year of double-digit corporate earnings growth, Honeywell is anticipating small improvement in its BGA segment next year.
Regulations and Government
Omnibus Bill Includes Tax Break Extensions, FAA Funding
The government-wide funding bill would increase FAA's budget and extend bonus depreciation for five years.
Charter & Fractional
CRJ200s Expand Charter Role for Iraq's Energy Sector
Iraq Gate is now operating three Bombardier CRJ200 regional jets to provide transportation to and from Iraqi oil and gas fields.
Airlines
U.S., Cuba to Establish Scheduled Air Services
American Airlines aims to start scheduled flights next year
Regulations and Government
Bunce Urges Release of Part 23 Proposal by Year-end
On December 15 the FAA missed the congressionally set mandate to issue a final rule overhauling small aircraft certification regulations.
Aircraft
Euro-MALE UAS Project Still Awaiting Action
Germany will take funding lead for the project definition contract – but it has not yet been negotiated
Regulations and Government
PBOR 2 Wins Senate Approval
Senate passage comes less than a week after the Senate Commerce Committee approved a compromise version of the bill.
Engines
EASA Certifies Turbomeca Engine in Bell 505
Officially launched at the 2013 Paris Air Show alongside the Bell 505, the Arrius 2R has followed a brisk development schedule.
Aircraft
Mitsubishi ‘Reviewing’ MRJ Schedule
Plans to release new schedule by year end
Charter & Fractional
Flexjet, Flight Options Pilots Agree To Unionize
A little more than 51 percent of the voting pilots favored representation.
Airlines
Partners Plan for Large-Scale Biofuel Delivery in Seattle
Seattle-Tacoma International Airport aims to cut aircraft carbon emissions by 25 percent by 2037
FBOs
Desert Jet Joins the FBO Business
The company is building its own FBO at California’s Jacqueline Cochrane Regional Airport
Finance, Taxes, Insurance
Aviation Finance 2015
The rising dollar and declining aircraft residual values are proving to be a drag on the industry’s recovery.
Aircraft
Flexjet Outlines How Supersonic AS2s Will Be Integrated
AS2s will be part of Flexjet's Global Access program and fly international city pairs.
Aircraft
Third AW609 Tiltrotor To Fly by Mid-2016
Ship 03 is nearing completion in Italy and will be relocated to Philadelphia for flight testing in the first half of next year.
Rotorcraft
Second Bell 525 Relentless Joins Flight-test Program
Second 525 flight-test vehicle (FTV2) joined the program last week and is soon expected to begin airborne trials.
Aircraft
Zetta Jet Signs Deal for Five Bombardier Global 6000s
The agreement, worth a potential $318 million, is a firm order for one Global 6000 and options for four more of the ultra-long-range jets.
ATC
FAA Issues Notam for College Football Championship
Set for Jan. 11 in Phoenix, the event is expected to draw a flock of business aircraft.
Aircraft
US Navy’s New Anti-Ship Missile Makes Progress
The Lockheed Martin Long-Range Anti-Ship Missile (LRASM) is now flying on an F/A-18 Super Hornet
Rotorcraft
EvoLux Helicopter Charter Portal Moves To 'Next Level'
Founder is seeking $5- to $10 million in seed financing.
Rotorcraft
Bell 505 Aiming for Mid-2016 Certification
Company plans to produce 200 of the light turbine singles per year by 2018.
Regulations and Government
Lawmakers Buy a Few More Days for FAA funding
Lawmakers now have until December 16 to agree on a funding measure for most government agencies, including the FAA.
Airlines
IATA Raises Airline Profit Forecast Again
Record $33 billion net profit for 2015 finally surpasses cost of investor capital
Aircraft
Qatar Airways Takes Delivery of First G650ER
Qatar Executive, the private jet division of Qatar Airways, has ordered up to 30 G650ERs, G500s and G600s.
Airlines
Star Alliance Welcomes Friends of the Family
South African low-fare carrier Mango joins network under ‘Connecting Partner Model’
Aircraft
Embraer Exec Jets Delivers First Phenom 100E in China
Light jet will be operated by Wanfeng Aviation, a subsidiary of the Wanfeng Auto Holding Group, for business passenger travel.
Unmanned Aerial Vehicles
FAA Unveils Small UAS Aircraft Registry
New unmanned systems purchased after December 21 must be registered before first flight while existing owners have until February 19.
Avionics
Gulfstream STCs Gogo UCS 5000 in GIV/GV
The UCS 5000 is a “smart” router capable of managing multiple onboard networks.
FBOs
ExecuJet Secures First Germany IS-BAH Approval
The company is one of the first in Europe to achieve the safety managment system-based certification.
Maintenance and Modifications
AMAC Basel Adds BBJs on Base Maintenance Contracts
The company will have three BBJ projects under way simultaneously.
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