How Would You Like a Life
Insurance Policy That Returns All of Your Premiums?
The Return of Premium Term products through the Pilot Insurance
feature a level death benefit term plan with fully guaranteed
level premiums for the first 15, 20, or 30 years and are also guaranteed
to pay back all premiums at the end of the policy. Pilot Insurance
specializes in providing pilots from student to ATP
with life insurance protection they need. For a personalized
quote, call PIC
AIRCRAFT FETCHES $3.3 BILLION
Onex Corp. announced on
Thursday morning that it is joining with GS Capital Partners, an
affiliate of Goldman Sachs, to acquire Wichita-based Raytheon Aircraft
Company for $3.3 billion. The deal will be completed by Hawker
Beechcraft Corp., a newly formed joint venture between Onex and GS
Capital Partners. The equity investment of approximately $1.06 billion
will be split equally between Onex and GS Capital Partners, with Onex's
share of the investment to be made by Onex Partners, a large-cap private
equity fund. The deal -- expected to be completed by mid-2007, pending
regulatory approvals -- includes Raytheon Aircraft's manufacturing
plants in Wichita and Salina, Kan.; completion center in Little Rock,
Ark., and all of the Raytheon Aircraft Services facilities. Not included
in the sale is fractional provider Flight Options and Raytheon Airline
Aviation Services. "We believe strongly in the future growth of the
business aviation sector, as new demand in Europe and Asia adds to
strength in North America," said Onex Managing Director Nigel Wright.
BULLISH ON AEROSPACE
Raytheon Aircraft is not the first
aerospace company that Onex has acquired, and it probably won't be the
last. In June 2005, the Canadian buyout firm purchased Boeing's
structural components business in Wichita for $1.2 billion, forming
Spirit AeroSystems. Last month, it did an initial public offering for
Spirit AeroSystems, raking in some $1.4 billion from stock sales. And
this past April, Onex bought BAE Systems Aerostructures, which
incidentally manufacturers Hawker 800XP subassemblies in the UK.
According to Onex Managing Director Nigel Wright, "We have become
increasingly optimistic about the aerospace industry as we have made it
a significant focus for Onex in the past few years." More...
NEXT FOR RAYTHEON AIRCRAFT?
Raytheon Aircraft CEO Jim
Schuster said he believes Onex and GS Capital are committed to ensuring
that Raytheon Aircraft builds the best aircraft and expands its product
line. On this note, Teal Group Vice President of Analysis Richard
Aboulafia told AVweb, "Raytheon Aircraft really needs to
diversify its product line, and the move to split the Hawker 850XP into
two models the Hawker 750 and 900XP was a good start. They
should be using other people's technology, such as new engines and
avionics, to create a broadened product line with strategic price points
much like Cessna does." He said it is "very much time" that the
Premier I be made into a family of aircraft: "The new owners need to
launch the Premier II and then later on the Premier III. Derivatives are
a great way to broaden a product line." But since the Premier I is no
longer considered an entry-level airplane, Aboulafia noted that Raytheon
should look at developing a very light jet in the $3.5 million to $4
million price range. More...
Fly with the Bose®
Aviation Headset X
Enjoy an unmatched combination of benefits: Full-spectrum noise
reduction, clear audio, and comfortable fit. Voted the #1 headset for
the fifth year in a row by readers of Professional Pilot
Headset Preference Survey). Purchase an Aviation Headset X
and receive a complimentary pair of acclaimed Bose®
around-ear headphones to enjoy when back on the ground. (A $139.95
Learn more and order
EYES "NEW" LORAN
Even though you likely turn it on only to
see if it still lights up, it might be premature to throw out that old
Loran taking up space on your panel. Whats old is new again as
Britain is considering revamping the venerable ground-based radio
navigation system as a backup for GPS. And, according to a report in FCW.com, the U.S. is looking at a similar
system to ensure precision navigation is available if GPS signals
suddenly become unavailable because of jamming or other causes. Whether
your current gear will work on the so-called eLoran (the "e" is for
extended range) is not clear in the reports. More...
LIGHT FOCUS OF CRASH PROBE
The NTSB is looking into the role
a reportedly unreliable obstruction light played in the crash of a
Cessna 210 at Lee Airport in Edgewater, Md., on Dec. 9. According to the
NTSB preliminary report, witnesses who arrived on
the scene shortly after the crash reported that the light was not
illuminated and a pilot who landed there three days earlier had also
reported the light wasnt on. However, tests conducted by the NTSB
the day after the crash showed the light was in proper operating
condition, and when power was applied to the switch, the light
illuminated. The light is about 30 feet below the tops of 130-foot
trees and 560 feet from the runway. The 210 hit those trees about 15
feet from the light before cartwheeling to the ground, killing the pilot
and part owner of the aircraft, Timothy Kramer, and his passenger
Deborah Giant. More...
& See Why 96% of Their Subscribers Choose
as their primary aviation shopping tool.
Thousands of classifieds (updated daily), product and advertiser
indices, NAAA Evaluator, and aviation weather
is everything that keeps you flying! To
order, call (800) 337-5263
BIG BLOW A MATTER OF PERCEPTION
While a union
spokesman described a state of panic in air traffic
control facilities in Seattle Dec. 15 during a record storm that
interrupted power, the FAA was patting itself on the back for a system that
functioned almost uninterrupted thanks to ingenious coast-to-coast
ATO teamwork and a new organization-wide contingency plan. These
notably divergent points of view grew from the systems experience
with one of the worst storms ever to blow through the Pacific Northwest.
When power went out to the Seattle terminal radar approach control
center (TRACON), an emergency generator kicked in as planned. But the
generator failed 16 hours later, leaving the TRACON on battery power.
Before the batteries faded, the decision was made to move TRACON
controllers to the Sea-Tac tower and an air route traffic control center
(ARTCC) 25 miles away. According to local rep for the National Air
Traffic Controllers Association Dan Olson, thats where things fell
TAKES AIM ON LIGHT TURBINES
Lighter, more fuel-efficient
gas-turbine engines are $1.5 billion closer to reality, or at least
closer to creating some 1,500 jobs at Pratt & Whitney Canada's
facilities and its network of suppliers. The company is investing its
own money (and the equivalent of $350 million from the Canadian
government) in what company President Alain Bellemare told CBC News is "the most important commitment made
by [Pratt & Whitney Canada] in its history." Company facilities at
Longueuil and Mississauga, Ont., will bear the brunt of research and
development while Pratt & Whitney Canada itself bears the brunt of
rhetoric from the Canadian Taxpayers Federation. More...
Weather the Holidays with the
New Garmin GPSMap 496
JA Air Center
, Your Garmin Source, has the new Garmin GPSMap 496
with XM Weather, Terrain, AOPA Airport Guide, Taxiway Database, and
built-in StreetPilot Automotive GPS in stock for immediate delivery.
Call JA Air Center
at (800) 323-5966
If you are looking to sell your current GPS, JA Air Center
Purchases Used GPS and Avionics call for current values.
Visit the new GPSMap 496 Blog
for more information on this exciting new product from Garmin.
LOCKHEED'S GRADUATING CLASS
Lockheed Martin recently
graduated 46 Flight Service Specialists from its Flight Service Academy
in Prescott Valley, Ariz. The class includes U.S. Air Force veteran John
Lockheed, great grandson of company founder Allan Loughead. Together
with the group, Lockheed will have experienced 10 weeks of academic
classes that present "pre-requisite core knowledge, including
meteorology and basic navigation." The classes and graduation will be
followed by deployment -- the students will be sent to actual Flight
Service Stations to receive on-the-job training with an end goal of
certification as Lockheed-employed Flight Service Specialists.
Presumably the move brings Lockheed Martin closer to its own stated goal
for FSS. More...
THAT BE ONE HUMP OR TWO?
The maintenance supervisor for
Turkish Airlines lost his job, but it was a camel that paid the ultimate
price for a maintenance crews jubilation over the retirement of a
particularly troublesome aircraft. As is customary during times of great
joy in Turkey, the maintenance crew was so happy to be rid of the Avro
RJ100 aircraft the airline had leased for the past 13 years that they
decided to kill a camel -- on the tarmac at Istanbuls Ataturk
International Airport. According to The Associated Press, newspapers
carried photos of the joyous event, which is apparently in step with the
tradition in Turkey of sacrificing an animal to God when wishes come
true. Well quaint though it might be, Turkish officials thought the
ritual slaughter was a little too old-fashioned for a country
thats trying to get in step with more modern practices as it tries
to join the European Union. So Turkish Airline officials called for
chief mechanic Sukru Cans head (figuratively, of course).
Columbia Simplifies Buying & Selling All
Selling an aircraft can be a challenging odyssey. Aircraft owners need
to: locate a broker with national resources to sell for top dollar;
select and utilize the most effective advertising; access no-cost,
no-obligation finance pre-qualification; consult aviation tax experts;
and obtain insurance quotes with higher liability limits. Columbia
has created a tool to assist pilots and aircraft owners of
Check out their web site
CLOSURE AN IMPROVEMENT?
Officials in Hickory, N.C., say one
way to improve the Hickory Airport would be to close a 4,400-foot
runway. The runway, which sees only 6 percent of the airports
traffic, will need a $2.3 million paving job in a few years and that got
the creative thinkers at city hall pondering its fate. Tearing up the
asphalt and relying entirely on the 6,400-foot main runway would pave
the way for more hangars and commercial development, they reason.
This is an opportunity to have more planes and more activity at
the airport that will make it more self-sufficient in the long
term, Assistant City Manager Tom Carr told the Hickory Record. More...
ULTIMATE PERSONAL JET?
While it may not be exactly what more
traditional aircraft makers have in mind for the term, it would be hard
to argue the definition with Yves Rossy. The 47-year-old adventurer, who
made headlines two years ago by gliding across the English Channel with
a pair of strap-on wings, has taken the natural evolution of that feat
and added power -- and plenty of it -- to his birdman exploits. For the
past couple of years hes been tinkering with model jet engines and
earlier this year felt ready to demonstrate their remarkable
effectiveness with the fold-out, strap-on wings that hed developed
earlier and produced a pretty interesting video of
his exploits. More...
Hint, Hint Oregon Aero Holiday Gift
You'll find more than 500 items at Oregon Aero, Inc.
flying a Painless, Safer, Quieter
experience for your
favorite pilot. From seat cushion systems to hand-made headset and
helmet upgrades, flight bags, and survival kits even flashlight
and pencil holders Oregon Aero
has great gifts. Can't
Get a gift certificate today at
China hosted indoor model airplane
Contract awarded to fly caskets
Swearingen gets inspection status
AOPA launches TV campaign on
user fees. More...
Join NAA and Help Shape the Next Century of
It's a great time to join the National Aeronautic Association
), the nation's oldest aviation organization. At $39 a year,
NAA membership is a terrific value for any aviation enthusiast! Members
receive the Smithsonian's Air & Space
and NAA's Aero
magazines, plus access to aviation records, product discounts, and much
more. Call (703) 527-0226
to become an NAA member, or
sign up online
DAILY NEWS COVERAGE
You can now get the latest general
aviation news from AVweb -- the world's premier independent aviation
news source -- as it happens at AVweb.com. Or sign up for our news feed and
have the most recent headlines pushed directly to your RSS-based news
reader. Either way, you'll be able to read the same concise, but
comprehensive, news stories that you've come to expect from AVweb. And
for major breaking general aviation news, AVweb will send out news
alerts via e-mail to keep subscribers informed. Dont worry --
you'll also continue to receive AVwebFlash every Monday and Thursday.
WingX 2.0 Now Available With NACO
Approach Charts, SmartTaxi, Online Weather, and
Hilton Software LLC
has just released WingX 2.0 for the Pocket
now with approach charts, weather images, podcasts,
N-number search, helicopter W&B, and SmartTaxi to help prevent
runway incursions. Of course, this is in addition to WingX's great
Weight and Balance, Route Planning, FARs, color-coded weather reports,
and superb E6B capabilities. Excellent A/FD with auto-dial. WingX is now
GPS-enabled! Learn more and download WingX at
AVweb posts audio news on Mondays, plus a new
in-depth interview each Friday. In last Friday's
podcast, you'll find an interview with NORAD's Stacia Reddish on its
Santa tracking project. And AVweb's podcast index includes interviews
with Bill Lear, Jr.; NATA President Jim Coyne; Eclipse Aviation's Vern
Raburn; Honda Aircraft's Jeffrey Smith; Cirrus Design cofounder and CEO
Alan Klapmeier; Cessna chairman, president and CEO Jack Pelton; and
Spectrum Aeronautical chairman Linden Blue. In today's news
summary, hear about the Goldman Sachs/Onex deal to buy Raytheon
Aircraft for $3.3 billion, Loran making a resurgence in the UK as a GPS
backup, a truly personal jet called Jet-Man, Pratt & Whitney Canada's
plans to build more fuel-efficient turbofans and more. Remember: In
AVweb's podcasts, you'll hear things you won't find anywhere else.
Brought to you by
Bose Corporation. More...
HAVE YOU SIGNED UP yet for
AVweb's NO-COST twice monthly business newsletter,
AVwebBiz? Reporting on breaking news, Business AVflash also
focuses on the companies, the products and the industry leaders that
make headlines in the Business of Aviation. Business AVflash is a must
read. Sign up today at http://www.avweb.com/profile/. More...
ASO A Better Way to Sell Your Aircraft
Finding aircraft share buyers can be almost impossible. FBO bulletin
board flyers are too limited, and ads in national publications are too
broad. There's a better way, with ASO
's Partnership Ads
List your share on ASO, the most trusted place for aircraft sales, where
buyers search geographically to easily find your partnership listing.
For a limited time, select Partnership Ads are complimentary. To get
your share in front of potential buyers, call (888) 992-9276
OF THE WEEK: GOSHEN AIR CENTER
AVweb's "FBO of the Week"
ribbon goes to Goshen Air Center at KGSH in Goshen,
AVweb reader John Wesley said this FBO has been
turned around by its current owners.
"Zane Gillin and Randy
Sharkey took over this operation 14 years ago, it was broke and had been
on the skids for years. They have developed it into a clean, modern
facility that cheerfully serves everyone in aviation from the ultralight
through the large corporate jet. They have a courtesy car, wireless
Internet, pilot lounge, flight-planning room, meeting room, a large
comfortable waiting area and free lunch Friday."
Keep those nominations
coming. For complete contest rules, click here.
actively seeking out the best FBOs in the country and another one,
submitted by you, will be spotlighted here next Monday!
Tired of the High Cost of Fuel? GAMIjectors Are
Don't be grounded by sky-high gas prices. Install GAMIjectors
and you could see up to a 20% cut in your aircraft's fuel bill. Balanced
fuel/air ratios make your aircraft's engine run smoother, cooler, and
more efficiently. Call 888-FLY-GAMI
order a kit online for your Continental
or Lycoming engine
OF THE WEEK: HAPPY HOLIDAYS FROM AVWEB
Happy holidays from
Aviation-themed videos will return next week, but
since we're posting this edition of "VOTW" on Christmas morning,
December 26, 2006, we thought we'd take a few moments to sip our hot
cocoa and share one of the most fun viral videos that's hit the web in
the last few years. This week's amazing video showcases the patience and
ingenuity of Ohio electrical engineer Carson Williams, whose 2004
Christmas lights display, synchronized to the music of Trans-Siberian
Orchestra's "Wizard in Winter" (buy it here) sparked so much chatter that it has its
own page on the myth-busting web site Snopes.com. (Click through to watch.)
No Cute Cartoons, No Fancy Covers. IFR
Magazine Brings You the Hard Facts
has insightful facts to polish your
proficiency, updates on changing regs, and articles that help keep your
decision-making skills sharp in the demanding IFR environment.
Order your subscription online for
savings from the regular rate
THE NIGHT BEFORE CHRISTMAS -- AVIATION STYLE
Twas the night
before Christmas, and out on the ramp,
Not an airplane was stirring,
not even a Champ.
The aircraft were fastened to tiedowns with
In hopes that come morning, they all would be there.
fuel trucks were nestled, all snug in their spots,
With gusts from
two-forty at 39 knots.
I slumped at the fuel desk, now finally caught
And settled down comfortably, resting my butt.
When the radio
lit up with noise and with chatter,
I turned up the scanner to see
what was the matter.
A voice clearly heard over static and
Called for clearance to land at the airport below.
his transmission so lively and quick,
I'd have sworn that the call
sign he used was "St. Nick".
I ran to the panel to turn up the
The better to welcome this magical flight.
He called his
position, no room for denial,
"St. Nicholas One, turnin' left onto
And what to my wondering eyes should appear,
Rutan-built sleigh, with eight Rotax Reindeer!
With vectors to final,
down the glideslope he came,
As he passed all fixes, he called them
"Now Ringo! Now Tolga! Now Trini and Bacun!
On Comet! On
Cupid!" What pills was he takin'?
While controllers were sittin', and
scratchin' their head,
They phoned to my office, and I heard it with
The message they left was both urgent and dour:
pulls in, have him please call the tower."
He landed like silk, with
the sled runners sparking,
Then I heard "Left at Charlie," and "Taxi
He slowed to a taxi, turned off of three-oh
stopped on the ramp with a "Ho, ho-ho-ho..."
He stepped out of the
sleigh, but before he could talk,
I ran out to meet him with my best
set of chocks.
His red helmet and goggles were covered with
And his beard was all blackened from Reindeer exhaust.
breath smelled like peppermint, gone slightly stale,
And he puffed on
a pipe, but he didn't inhale.
His cheeks were all rosy and jiggled
His boots were as black as a cropduster's belly.
was chubby and plump, in his suit of bright red,
And he asked me to
"fill it, with hundred low-lead."
He came dashing in from the
I knew he was anxious for drainin' the sump.
spoke not a word, but went straight to my work,
And I filled up the
sleigh, but I spilled like a jerk.
He came out of the restroom, and
sighed in relief,
Then he picked up a phone for a Flight Service
And I thought as he silently scribed in his log,
reindeer could land in an eighth-mile fog.
He completed his
pre-flight, from the front to the rear,
Then he put on his headset,
and I heard him yell, "Clear!"
And laying a finger on his
He called up the tower for clearance and
"Take taxiway Charlie, the southbound direction,
right three-two-zero at pilot's discretion"
He sped down the runway,
the best of the best,
"Your traffic's a Grumman, inbound from the
Then I heard him proclaim, as he climbed through the
"Merry Christmas to all! I have traffic in sight."
AVWEB APPRECIATES YOUR CONTINUED SUPPORT OF
WHO BRING YOU TODAY'S NEWS AND FEATURES AT NO COST TO YOU
Ensure Yourself and Your Passengers' Safety for
CO Guardian has reliable and proven CO detectors in both portable and
panel-mount models starting at $149. You can't afford not to purchase
from CO Guardian.
Holiday Special from Comm1 Radio
Comm1 CD-ROMs are designed to teach pilots how to communicate
safely and professionally with Air Traffic Control. Available in
VFR, IFR, and Clearances on Request versions, Comm1
Radio Simulators let you experience real flight situations through
high-quality audio and graphics from the safety and privacy of your
desktop. Special Offer: A complimentary multimedia stereo headset
with any purchase. Offer ends December
AVwebFlash is a twice-weekly summary of the latest news, articles,
products, features, and events featured on AVweb, the internet's
aviation magazine and news service.
Today's issue was written by Contributing Editors Russ Niles (bio)
and Glenn Pew (bio)
and Editor In Chief Chad
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
Have a product or service to advertise on AVweb? A question on
marketing? Send it to AVweb's
If you're having trouble reading this newsletter in
its HTML-rich format (or if you'd prefer a lighter, simpler format for
your PDA or handheld device), there's also a text-only version of
AVwebFlash. For complete instructions on making the switch, click
Happy holidays from the AVweb staff.