AVwebBiz Complete Issue: Volume 6, Number 7

February 13, 2008

By The AVweb Editorial Staff
 
Lightspeed Aviation Is Sponsoring a Study on Hearing Protection
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Please know that this is not a sales promotion and you will never receive a sales call based on your participation. All responses will be kept confidential.
 
The Latest on Adam Aircraft back to top 
 

Adam Employees Remain Hopeful

Prospective investors in Adam Aircraft might have learned something about the company at JD's Bait Shop Sports Grill in Centennial, Colo., on Monday afternoon. According to the Denver Post, rather than crying in their beers, the 20 or so Adam employees who gathered there after getting their pink slips on Monday expressed hope that someone with money will see the company they way they do. "We're all here tonight because we love this company," quality control worker Ray Romero told the Post. "We want to be there, but there's no money. We're a privately funded company. We have a beautiful product." About 500 remaining workers got the word after lunch on Monday that Adam had failed to raise the $100 million it needs to get the A700 jet certified and in production and to ramp up production of the already-certified A500 piston twin. Adam spokeswoman Shelly Simi also held out hope that funding could be found. "It's a very dynamic situation. We are looking at alternatives," she told AVwebBiz in a phone interview. A final decision on the fate of the company is expected within a week.

In a news release, Adam said it was forced to close the doors "due to the inability of the company to come to terms with their lender for funding necessary to maintain business operations." The news release doesn't identify the lender but previous rounds of financing, totaling almost $300 million, have included such major investment houses as Goldman, Sachs and Co. and Hunt Growth Capital as participants. In January, Adam announced that it needed $30.5 million in interim financing to allow its current financial partner, Citibank, the time to find the $75 million to $150 million it needed to get into production and start selling against a backlog of orders the company estimated to be worth $1 billion, according to some reports. In a letter to shareholders leaked to the media in late January, CEO John Wolf said that if the company didn't have the $30.5 million by the end of January, the company was likely doomed.

As little as a week ago, company officials were claiming that the search for funding was continuing and that production of the fifth A700 jet was under way. The jet has not achieved FAA certification but the A500 push/pull piston twin has. Adam has reportedly sold 17 of the piston aircraft and delivered seven. Meanwhile, the city of Pueblo, Colo., didn't wait for Monday's announcement to demand $2 million in incentives it says should be returned. The city says Adam promised to create 448 jobs and actually created about 90, most of which disappeared in a round of layoffs and plant consolidations in January. The city of Pueblo has placed liens against Adam's equipment in the city-owned buildings that were part of the incentive package.

Related Content:
Read what AVweb Editor Russ Niles wishes Adam had done in our AVweb Insider blog ...

 
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Mandatory TCAS Over European Skies? back to top 
 

Europe Eyes Mandatory TCAS For VLJs

European authorities are squawking over what they term a loophole that allows very light jets to operate without traffic alert and collision avoidance systems (TCAS). TCAS is required on aircraft bigger than 12,500 pounds and VLJs are loosely defined as jets that weigh less than 10,000 pounds. Eurocontrol, which oversees air traffic control in Europe, is pushing to make the equipment required in VLJs. Alex Hendriks, the deputy director of air traffic management strategies at Eurocontrol, told the London Times "TCAS is mandatory for airlines because of safety considerations. Why should we exclude a certain category of aircraft just because they are small?"

There is resistance to the idea. Jet Bird has ordered 100 Embraer Phenom 100s and plans to start an air taxi operation next year, without TCAS in the airplanes. "First of all it's very costly and secondly it's not required," said CEO Stefan Vilner. "I don't think our customers would have a clue whether it was there or not. If you catch a Ryanair flight you don't think about its TCAS, you assume safety is a given." But Eurocontrol's Hendriks says that as more VLJs start flying the airways the chance for conflict naturally rises. "We don't want to wait for a crash before we come up with a regulation," he said. The earliest a regulation could be in place is likely 2012.

 
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JA Air Center [Dupage Airport (KDPA) in West Chicago, IL] provides the finest avionics installations, turbine/piston maintenance, avionics/instrument service, mail order, and aircraft sales. Call (800) 323-5966, or click for more information.
 
2007 Aircraft Makers' Stats back to top 
 

GAMA Numbers Released

It's no surprise to anyone in aviation that 2007 was a good year but just how good a year it was became clear in Washington, D.C., on Tuesday. The General Aviation Manufacturers Association released its annual statistics (PDF) on aircraft deliveries, and business jets simply blew away other sectors in all aspects. "Aside from the record set for year-end billings, the industry also experienced an all-time high in business jet shipments, delivering over 1,000 units for the first time in history," GAMA reported. In fact, business jets accounted for more than 25 percent of the impressive total of 4,272 aircraft sold in 2007, with 1,186 delivered. The business jet tally was up 28.4 percent over 2006's total of 886. Turboprop numbers were also up at 459 (412 last year) and piston aircraft sales were down slightly at 2,675, compared to 2,755 in 2006.

Cessna delivered a total of 388 jets. The most popular was the XLS (82), followed by the CJ3 (78). Cessna shipped 45 entry-level Mustangs in 2007, a number that will go up considerably this year as production ramps up in Independence. Cessna sold by far the most airplanes, a total of 1,274 piston, turboprop and jet aircraft. But the $3.9 billion derived from those sales was far behind the money leader. Bombardier's 226 deliveries were worth $5.2 billion. Gulfstream, with 136 deliveries, collected $4.8 billion. Hawker Beechcraft sold 351 aircraft, most of them jets and King Airs, and took in revenue of almost $1.9 billion.

 
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Quotes reprinted with permission. Aviation Consumer, August 2007.
 
New Aircraft Updates back to top 
 

Hawker Beechcraft Certifies 750

Hawker Beechcraft is continuing its aggressive new-model introduction campaign with the announcement that its "light midsize" 750 has received FAA certification. The 750 is an eight-passenger aircraft that uses the same wing and fuselage as the already-certified 800 series. Brad Hatt, Hawker Beechcraft's vice president of commercial sales, said the $12.2 million plane fills a new market niche for the company. "This aircraft has the perfect combination of reliability and operating efficiency, while incorporating a large luxurious cabin with internal and external baggage areas," he said.

The 750 has an NBAA IFR range of 2116 nm and is powered by Honeywell TFE731-5BR engines and a Collins Pro Line 21 avionics suite. First deliveries are planned almost immediately and international certifications are on the way.

Cessna Columbus "Likely" To Be Built In Wichita

Cessna CEO Jack Pelton says it's "highly likely" the new Columbus large-cabin business jet will be assembled in Wichita but the company will have to expand its bursting-at-the-seams facilities there. Meanwhile, the company has announced that its neighbor, Spirit AeroSystems, will build the fuselage and empennage of the 77-foot aircraft. Spirit spokeswoman Debbie Gann told The Wichita Eagle the tail section will likely be built in Scotland while Wichita is the first choice for the fuselage. "Cessna knows that's certainly our desire, and we certainly hope that's where we end up," Gann told the Eagle.

Engines for the Columbus will be the newly developed Pratt and Whitney Canada PW810, which develops 10,000 pounds of thrust. PWC says the new engine is much quieter than Stage IV restrictions allowed and the advanced combustion-chamber design improves efficiency and cuts nitrous oxide emissions by 50 percent and carbon monoxide by 35 percent.

 
Cessna Aircraft Company, the World's Largest General Aviation Manufacturer
Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2007, Cessna delivered 1,272 aircraft, including 387 Citation business jets, and reported revenues of about $5 billion. Cessna has a current backlog of $12.6 billion. The global fleet of more than 5,100 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at Cessna.com.
 
Staying Connected back to top 
 

New Capabilities For Old Phones

A Canadian avionics company has developed an analog interface that allows owners of older airborne satellite phone systems to tap into the much greater capabilities of new digital equipment. Ottawa-based TrueNorth Avionics makes the Simphone satellite communications system that not only provides phone service but also data, wi-fi, broadband and a host of other electronic communications options. Trouble is, a lot of business aircraft already have expensive and perfectly serviceable satellite phones integrated with their cabin communications, and retrofitting is expensive.

That's where the interface comes in. It allows the older phone systems, such as the Honeywell MCS-3000 Satcom, to be used with Simphone with all the capabilities of a new setup. The new gear could be especially welcome news to owners of MagnaStar systems in light of Verizon's decision to stop supporting their phones as of the end of this year. "Our new analog interface simply expands the range of possibilities, providing an integrated network solution for, say, Falcon 900 or Gulfstream III or IV operators whose legacy Satcoms currently aren't supported by other phone systems," said TrueNorth Avionics CEO Mark van Berkel in a news release.

 
Dual Antenna Traffic Systems Simply Perform Better
Avidyne's dual-antenna TAS600 Systems detect other aircraft sooner and more accurately, avoiding the shadowing effects inherent with single-antenna systems. TAS600s actively interrogate other aircraft, providing timely alerts and precise locations of conflicting traffic. Starting at just $9,990, the dual-antenna TAS600 provides full-time protection and higher performance. When it comes to safety, you want to see the whole picture. Go online for details.
 
Who's Where back to top 
 

ZACKS PROMOTED BY NETJETS
Steve Zacks
Steve Zacks has been promoted to Executive Vice President of Marketing and Chief Marketing Officer for NetJets in the U.S. NetJets CEO Richard Santulli said Zacks earned the promotion through seven years of "strategic thought leadership" at NetJets.

Get a promotion or a new job? Your colleagues want to know about it, and AVwebBiz can get the word out. Drop us a line about the staff appointment, with a nice recent photo, and we'll do our best to include it in our new section, "Who's Where." The items will be permanently archived on AVweb for future reference, too.

More...

 
Join NAA and Help Shape the Next Century of Flight
It's a great time to join the National Aeronautic Association (NAA), 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 magazine, plus access to aviation records, product discounts, and much more. Call (703) 527-0226 to become an NAA member, or sign up online.
 
Not Quite Full back to top 
 

For The Love Of The Game

Click for a larger image

A total of 677 business aircraft landings were recorded at Phoenix Sky Harbor Airport on Super Bowl weekend, filling up just about every available parking area on the airport. Swift Aviation, the official FBO for the event, pumped more than 280,000 gallons of jet fuel into the aircraft whose occupants were treated to one of the closest--and least predicted--outcomes in Super Bowl history.

 
Safety Equipment — Add Aviation Safety to Your MEL
A Minimum Equipment List is not complete without a subscription to Aviation Safety. Discover this informative, instructive monthly publication that sharpens your air readiness. Order your subscription online for savings from the regular rate.
 
AVweb Media: Look, Listen, Laugh and Learn back to top 
 

Swift Aims to Make BizAv Even Safer by Going Proactive

File Size 5.2 MB / Running Time 5:39

Podcast Index | How to Listen | Subscribe Via RSS

First-class equipment, training, and maintenance have made business aviation the safest aviation sector. So where do we go from here? Swift Aviation Group in Phoenix has become one of a handful of charter companies to take its safety posture to the next level by adopting the FAA's Aviation Action Safety Program, in which ongoing safety-related issues are dealt with in cooperation with the agency. AVwebBiz editor Russ Niles spoke with Swift's Mike White about the program and its benefits.

Click here to listen. (5.2 MB, 5:39)

Exclusive Video: Amazing Feats of Aviation — DHL Baghdad

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

Recounting one of the most impressive feats in recent aviation history, AVweb video editor Glenn Pew recalls the circumstances of the DHL A300 shot by a surface-to-air missile over Baghdad. The crew successfully landed the aircraft without the ability to manipulate any control surfaces. (Note: The aircraft shown in simulation is a Boeing 777, not an Airbus A300.)


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.

Related Content:
Our original news report
PowerPoint slide show (.pps)

 
Aviation Consumer Needs Your Input back to top 
 

Tell Us About Your Interior Shop

Our sister publication, Aviation Consumer, is preparing a report on interior shops. If you recently had an interior redone, the editors would like to hear from you, whether the experience was good or bad.

To take part in the online survey, click here.

The results will appear in a future issue of Aviation Consumer. For subscription information, click here.

 
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 that 130,000 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.

 
Names Behind the News back to top 
 

Meet the AVwebBiz Team

AVwebBiz is a weekly summary of the latest business aviation news, articles, products, features, and events featured on AVweb, the internet's aviation magazine and news service.

The AVwebBiz team is:

Publisher
Timothy Cole

Editorial Director, Aviation Publications
Paul Bertorelli

Editor-in-Chief
Russ Niles

Contributing Editors
Mary Grady
Glenn Pew

Features Editor
Kevin Lane-Cummings

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