Adam Aircraft recently completed a $93 million funding round led by a new investor, DCM, a venture capital firm, and other new investors including Mesirow Financial, W Capital Partners, D.E. Shaw Laminar Portfolios, LLC, Acadia Woods Partners and several unnamed European investors. Previous investors Goldman Sachs and Hunt Growth Capital also participated. The company says it plans to use its new capital to accelerate the certification of the A700 AdamJet and ramp up production of the FAA-certified A500 piston twin.
Rockwell Collins has unveiled Tailwind 300, its latest satellite television offering for business jets. The Tailwind 300 is ideal for the super midsize and larger aircraft operating within the contiguous United States. First delivery of the system is expected by mid-2007.
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SheltAir Aviation Services has acquired the Sowell Aviation Services FBO at Panama City-Bay County International Airport in Panama City, Fla. As part of the acquisition, SheltAir Panama City, LLC, and its new FBO operating entity, SheltAir Aviation Services Panama City, now have over 40,000 square feet of FBO terminal, aircraft hangar and associated office space.
Honeywell has introduced the Bendix/King KDR 610, a data link weather receiver that offers real-time weather information to general aviation aircraft via XM satellite radio. Designed to interface with the Bendix/King KMD 250, KMD 550 and KMD 850 multi-function displays (MFD), the KDR 610 is expected to be available by year-end.
FlightSafety International, Flushing, N.Y., announced that George Ferito has been named to the newly created position of director, business development for rotor-wing aircraft. Daniel MacLellan was promoted to center manager of the company's Dallas Fort Worth Learning Center. Pete Nily has been promoted to assistant manger of FSI's Greater Philadelphia / Wilmington Learning Center.
(Wichita) -- Mark Paolucci, formerly vice president of Citation sales, is now the leader of the airframe manufacturer's customer service organization. He succeeded Senior Vice President Ron Chapman, who has retired. As a result, Mike Luethye has been promoted to vice president of Citation sales and will have overall responsibility for the marketing of new and used Citation sales worldwide. In addition, Gordon Vieth is now responsible for U.S. domestic sales of Citations.
On Sept. 12, Northrop Grumman unveiled the first airline aircraft equipped with its Guardian counter-surface-to-air missile system that will fly in regular scheduled service. The FedEx MD-10 is the first of 11 the cargo carrier will fly with the directed infrared counter measures (DIRCM) technology over the next 18 months, testing whether the equipment -- developed for the military -- is cost-effective and reliable for commercial aircraft operations. The project is Phase III of a Homeland Security Department study of the practicality of equipping the U.S.
Welcome to the wide-open spaces of private flying." The greeter was Richard Gaona, vice president of executive and private aviation at Airbus; his smiling welcome a reflection of a significant shift in his favor. You see Airbus Corporate Jet family sales are on a roll.
Bombardier has a backlog of two to three years for its large business aircraft models, but officials are dissatisfied with their inability to get large aircraft completions done on time for the right cost. Noting the two-year backlog on Global Express and Global 5000 aircraft, Beaudoin said, "It's not a problem of sales price, it's about delivering [aircraft] on time and on cost."
George J. Priester, 98, a business aviation pioneer in the Chicago area who turned Palwaukee Airport into one of the most vibrant business aviation airports in the United States, died on Aug. 17. He received his first airplane ride in 1928 in return for helping fix a friend's airplane engine. Priester began his career working for the railroad, but he found time to earn his private pilot's license and bought a Hess Warrior Argo. In 1953, Priester bought Palwaukee Airport and operated it for the next 33 years.
TAXES IN MY TOWN can give pause. I grumble, but not too much because I have three kids in the public school system, which is a good one, with a low student-to-teacher ratio. It's that feature that really costs. The same is true in any service, be it a luxury cruise, a five-star dinner, or an amphibious assault on a small island; the more service providers per recipient, the more expensive the service.
A speaker will be rated at Operational Level 4 if the following criteria are met: Pronunciation: (Assumes a dialect and/or accent intelligible to the aeronautical community.) Pronunciation, stress, rhythm and intonation are influenced by the first language or regional variation but only sometimes interfere with ease of understanding. Structure: (Relevant grammatical structures and sentence patterns are determined by language functions appropriate to the task.)
Rockwell Collins has received a new STC for installation of its Pro Line 21 Integrated Display System (IDS) in King Air 200s and 300s. Superior Aircraft Maintenance of Medford, Ore., performed the installation, which is available to Rockwell Collins dealers.
After decades of fighting for a place at the table, business aviation is finally coming into its own as an accepted component of the European air transportation system. While not exactly sharing equal standing with airlines and military aviation, it is now perceived as a viable alternative to the scheduled air carriers and an efficient tool for furthering business interests.
We are at takeoff," radioed the KLM copilot on the evening of March 27, 1977, at Tenerife in the Canary Islands. The ambiguity in those words, along with other instances of poor communication between the air traffic control tower and two airliners, resulted in a Boeing 747 operated by KLM Royal Dutch Airlines executing a takeoff on a runway occupied by a Pan American 747 taxiing in the opposite direction.
FirstFlight, based at New York's Elmira/Corning Airport, has expanded its charter fleet and extended its presence to the West Coast with the addition of a Falcon 50 based in Napa Valley, Calif. The FirstFlight fleet now totals 17 executive jets available for charter, according to FirstFlight President John Dow.
Pilot safety committees at several of the large operators of Beechjets have been flooded with questions from their pilots about aircraft flameouts. One pilot undergoing recurrent training at a major simulator training center stated, "We had our instructor walk us through a dual engine flameout to land. . . . I have to say that it was kind of creepy. . . . If you have seen a space shuttle approach and landing then you know what kind of pitch and vertical speed rates you are looking at. . . . I swore it wouldn't work, but it did!
Despite the booming business-jet market, Bombardier reported big drops in net income for the second quarter and first half of its fiscal year, weighed down by a sluggish market for its RJs and continuing inefficiencies in delivery of completed business jets. Net income for the quarter ended July 31 totaled $58 million (U.S.), or three cents per share, compared with $117 million, or six cents per share, during the same period in 2005.
