AVwebFlash Complete Issue: Volume 18, Number 13e

March 30, 2012

By The AVweb Editorial Staff
 
FIND THEM AT:
C-017
C-018
C-019
C-020
C-021
Jeppesen || Shop Pilot Training at JeppDirect
Visit Jeppesen at Sun 'n Fun
Hangar C — #C-017-021

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Can't make it? Learn about online training at JeppDirect.
 
AVflash! Beech Has Tongues Wagging back to top 
 

Hawker Beech Gets Relief, Bankruptcy Rumors Persist

Although Hawker Beechcraft was thrown a $120 million lifeline and given some breathing room by creditors earlier this week, that hasn't quelled a media death watch on the Wichita planemaker. On Tuesday, Hawker Beech announced a group of creditors representing about 70 percent of the company's debt load had agreed to defer some interest payments and ignore some covenants until June 29. The company said it would use the money saved and the time to put a reorganization plan in place. On Thursday, Reuters ran a story quoting unnamed sources as saying Hawker Beech was getting ready to file for bankruptcy. The story was quickly picked up by other media who quoted Reuters as their sole source. A few said they too had been told by unnamed sources the "pre-arranged bankruptcy" was in the works. Hawker Beechcraft spokeswoman Nicole Alexander said the company wouldn't discuss the latest stories but stressed efforts to turn the company around. "We have no comment on the Reuters story," Alexander said. "The news out of the company is included in Tuesday's news release, so I'll refer you back to it and more explicitly to the point that Hawker Beechcraft is working together with its lenders toward a comprehensive recapitalization to better position the company for the future."

Hawker Beechcraft was purchased by Goldman Sachs and Canadian equity company Onex Corp. from Raytheon for $3.3 billion in 2007. At that time, the company, like all other business jet makers, was compiling enormous backlogs from a seemingly insatiable market. After about 18 months of recession, in which those backlogs all but disappeared, the new owners wrote down the value of the company by 85 percent. Hawker Beech has laid off 2,500 workers and has struggled of late. It was close to violating covenants from some of its lenders that required it to maintain a positive cash flow and it's likely those covenants that have been forgiven. Meanwhile, financial rating agency Standard and Poor's has downgraded Hawker Beechcraft to a CC credit rating from CCC. On Wednesday the company said it had sold 10 King Airs, worth a total of $50 million, at the Asian Business Aviation Convention and Exhibition (ABACE).

 
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Learning to Fly — In a Piper back to top 
 

Piper Aircraft: New Emphasis on Training

Piper's new CEO, Simon Caldecott, says the company has had a good year in 2012 so far and looking ahead for the rest of the year and to 2013, it sees the training market as a big driver. "One of the things we're going to do is to get back into the training market in a big way," Caldecott told AVweb in this podcast at Sun 'n Fun on Wednesday. "When you look at the stand here and see that J-3 Cub there, training was the roots of Piper Aircraft and I believe that's what we need to be focussed on, as well as our M-class [Mirage and Merdian] aircraft. We're going to really push hard on that and I expect to at least double our volume on trainers over the next two or three years."

Does Piper have in mind a new piston trainer? Not that Caldecott would admit to. "Why do we need a new plane when we've got the best single-engine trainer out there, is what I say. We have the best economics in terms of a trainer and it's a very robust aircraft. I'm sure we'll do some small tweaks just to keep it fresh," Caldecott said.

 
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D-026
D-027
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Podcast: Piper Focuses on Training

File Size 6.4 MB / Running Time 7:00

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Podcast Index | How to Listen | Subscribe Via RSS

With its roots in the training market, Piper is focusing there for future opportunities. AVweb Editorial Director Paul Bertorelli spoke with Piper CEO Simon Caldecott at Sun 'n Fun 2012.

This podcast is brought to you by FAST (Flight and Aircraft Services Tracking), Aspen Avionics, and XM WX Satellite Weather.

Click here to listen. (6.4 MB, 7:00)

 
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Newest LSA Looks Eerily Familiar ... back to top 
 

SeaRey Seeks LSA Cert., Passes Milestone

With over 20 years in the business, SeaRey has become the most popular very light amphibian on the market, with a tight-knit community, some 500 examples flying and LSA certification expected within the year (hopefully by EAA AirVenture Oshkosh). The company prides itself on providing a safe, affordable, fun and versatile aircraft capable of taking owners into and out of areas of the country that might otherwise be inaccessible. It flies with an open or closed sliding canopy and has performance on a Rotax 912 or 914 that's well-suited to the LSA category. Customers say it's both docile in the air and maneuverable on the water. At Sun 'n Fun 2012, AVweb spoke with company president Kerry Richter about the roughly $35,000 kit (without engine or avionics) and the soon-to-be roughly $120,000 LSA; click here to listen to that podcast.

Related Content:

 
FIND THEM AT:
A-011
A-012
Anywhere Map from Control Vision
Anywhere Map® Is Now an App, Too!!!
Platform Independence — This isn't just another chart viewer; everything you love about Anywhere Map's Flight Management System is now available for ALL the popular tablets. Features include our patented Cones of Safety®, Personal Digital Co-pilot®, Obstacle warnings, VNAV, Virtual ILS, high-resolution terrain, Anywhere Link Weather overlay, and TRACK-UP operation — and we are always geo-referenced! Check out AnywhereMap.com.
 

Podcast: SeaRey's Past and Future

File Size 5.5 MB / Running Time 6:00

Anywhere Map from Control Vision Bendix/King by Honeywell

Podcast Index | How to Listen | Subscribe Via RSS

One of the most popular homebuilt amphibs, the SeaRey, could soon be an LSA. AVweb's Glenn Pew spoke with SeaRey's Kerry Richter at Sun 'n Fun 2012.

This podcast is brought to you by Control Vision's Anywhere Map and Bendix/King by Honeywell.

Click here to listen. (5.5 MB, 6:00)

 
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B-080
B-088
B-089
Bendix/King by Honeywell
A New Day at Bendix/King by Honeywell
Bendix/King Avionics has established new business operations in Albuquerque, NM. Soon, we'll have an all-new product line. We have renewed our brand — and our promise — to design, build and support the best-performing, most innovative and cost-effective avionics products available for general aviation. Visit us at Sun 'n Fun hangar B, booth 80. Or click here.
 
Bringing Weather to the iPad back to top 
 

Sporty's, Foreflight Team On Wireless Weather For iPad

At Sun 'n Fun this week, Sporty's Pilot Shop introduced Stratus, the first completely wire-free weather receiver for the iPad. The small $799 device streams information from GPS and ADS-B with no monthly subscription costs. The unit collects NEXRAD radar, text weather, TFRs and aircraft position, and wirelessly streams that data to the popular ForeFlight Mobile app for iOS devices. "Stratus delivers exactly what pilots have been asking for -- a simple, smart and subscription-free way to view in-flight weather on their iPad," said Sporty's Vice President John Zimmerman. "It's incredibly easy to use, with just one button and virtually no setup."

"The internal battery lasts for eight hours without charging, which matches the iPad duration," Foreflight CEO Tyson Weihs told AVweb in the busy Foreflight booth at the show. "The two units -- the iPad and Stratus -- work really well together." The unit can be placed on the glare shield with no need for plugging in, and it's easy to take with you and move from airplane to airplane. Multiple iPads can connect to the unit via wifi. The ADS-B signal is available over most of the U.S., and an external attenna option can expand its range. Sporty's, ForeFlight, and Appareo Systems collaborated in production of the Stratus unit.

 
FIND THEM AT:
B-078
B-079
B-090
B-091
Safer by Design || Evolution 2000 from Aspen 
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No Surprise Here: Cessna's Been Busy back to top 
 

New At Cessna: FIKI For Corvalis, Cloud Software, Police Version

Cessna's new version of the Corvalis, the TTX, will include an option for flight into known icing, the company said at Sun 'n Fun this week. The FIKI system can provide up to two and a half hours of protection from most ice attaching to the airframe, with virtually no impact on performance, Cessna said. The TTX, which is scheduled to start deliveries late this year, will also feature upgraded Garmin avionics with touch screens. The company also introduced a couple of new software products and an "Enforcer" package to integrate surveillance equipment into its airplanes for law-enforcement customers.

The Enforcer program will be available on select Cessna single-engine aircraft, Cessna said, offering integrated intelligence, surveillance, and reconnaissance capabilities. Cessna said buyers will save money by installing the equipment all at once, up front, at the factory. The platform, which will be available by this summer, also can be used for pipeline mapping, broadcast television, search and rescue, and more, Cessna said. On the software side, a new online portal, Cessna Connect, provides a cloud-based program to help Cessna operators maintain records, track flights, log expenses, and connect with other owners and enthusiasts. The subscription-based service works with a desktop computer, iPad, or iPhone. The company also said new Skyhawks, Skylanes, and Stationairs will now come equipped with the Garmin GTS 800 Traffic Alert System.

 
FIND THEM AT:
C-024
C-025
C-026
N-035
XM WX Satellite Weather || Weather with Perspective
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XM WX Satellite Weather gives you onboard perspective on the weather. Graphical data like Radar, Lightning, Winds and more enhance your situational awareness and is compatible with the industry's leading MFDs, EFBs, glass cockpits, and now the iPad. Additionally, flexible subscription options ensure you get the dataset that's right for you. Come see the latest from XM WX Satellite Weather at booth C-024 during Sun 'n Fun 2012 or visit us online at XMWXweather.com/aviation.
 
More Room in the TBM 850 back to top 
 

Video: TBM 850's New Elite Seating Option

All of Your Aircraft Management Needs || FAST-Flight.com Aspen Avionics || See the Evolution Synthetic Vision Video Demo XM WX Satellite Weather || Weather with Perspective

Original, Exclusive Videos from AVweb | Reader-Submitted & Viral Videos

DAHER-Socota's TBM 850 is the fastest single-engine turboprop on the market, and at Sun 'n Fun 2012, the company announced (and displayed) a new interior mod that allows carrying large, bulky cargo in place of two extra seats.


Don't see a video screen?
Try disabling ad blockers and refreshing this page.
If that doesn't work, click here to download the video directly.

This video is brought to you by FAST (Flight and Aircraft Services Tracking), Aspen Avionics, and XM WX Satellite Weather.

 
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Piper's Eye-Catching Sun 'n Fun Display back to top 
 

Video: Piper's 75th Anniversary J-3 Cub Display

All of Your Aircraft Management Needs || FAST-Flight.com Aspen Avionics || See the Evolution Synthetic Vision Video Demo XM WX Satellite Weather || Weather with Perspective

Original, Exclusive Videos from AVweb | Reader-Submitted & Viral Videos

At Sun 'n Fun this year, Piper has on display a pristine 1946 J-3 Cub to celebrate the company's 75th anniversary. The company's Jacqueline Carlon gave AVweb the details.


Don't see a video screen?
Try disabling ad blockers and refreshing this page.
If that doesn't work, click here to download the video directly.

This video is brought to you by FAST (Flight and Aircraft Services Tracking), Aspen Avionics, and XM WX Satellite Weather.

 
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The Top Reporter on Our Crack Staff ... Is You! back to top 
 

AVweb's Newstips Address ...

Our best stories start with you. If you've heard something 255,000 pilots might want to know about, tell us. Submit news tips via email to newstips@avweb.com. You're a part of our team ... often, the best part.

 
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Names Behind the News back to top 
 

Meet the AVwebFlash Team

AVwebFlash is a twice-weekly summary of the latest news, articles, products, features, and events featured on AVweb, the world's premier independent aviation news resource.

The AVwebFlash team is:

Publisher
Tom Bliss

Editorial Director, Aviation Publications
Paul Bertorelli

Editor-in-Chief
Russ Niles

Contributing Editors
Mary Grady
Glenn Pew

Webmaster
Scott Simmons

Contributors
Kevin Lane-Cummings
Jeff Van West

Have a product or service to advertise on AVweb? Your advertising can reach over 225,000 loyal AVwebFlash, AVwebBiz, and AVweb home page readers every week. Over 80% of our readers are active pilots and aircraft owners. That's why our advertisers grow with us, year after year. For ad rates and scheduling, click here or contact Tom Bliss, via e-mail or via telephone [(480) 525-7481].

Click here to send a letter to the editor. (Please let us know if your letter is not intended for publication.)

Comments or questions about the news should be sent here.

If you're having trouble reading this newsletter in its HTML-rich format (or if you'd prefer a lighter, simpler format for your phone or handheld device), there's also a text-only version of AVwebFlash. For complete instructions on making the switch, click here.

Aviate. Navigate. Communicate.

 
BOOTHS AT
Where to Find Our Sponsors at Sun 'n Fun 2012

B-001-009Aircraft Spruce & Specialty Co.
 
D-097Aircraft Tax (Scott Horton, CPA)
 
B-078-079
B-090-091
Aspen Avionics
 
C-055-056Avemco Insurance
 
C-071-072
N-026
Avidyne
 
B-080
B-088-089
Bendix/King by Honeywell
 
SNF-009Bose Corporation
 
A-011-012Control Vision Anywhere Map
 
MD-023BDiamond Aircraft
 
MD-027CEclipse Aerospace
 
N-082
N-089
Engine Components, Inc. (ECi)
 
A-065General Aviation Modifications, Inc. (GAMI)
 
MD-006AGippsAero
 
B-046-047Hartzell Engine Technologies
 
D-082Hilton Software (WingX)
 
C-017-021Jeppesen
 
D-051-053Lightspeed Aviation
 
D-039-042Lycoming Engines
 
D-026-027VoiceFlight
 
C-024-026
N-035
WxWorx XM WX Satellite Weather