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In Print & Online,
Trade-A-Plane Has Everything That Keeps You
Flying
Get 24 issues (two years) for just $24.95 (U.S., standard mail),
including no-cost access to Trade-A-Plane's web site,
which is updated daily. Subscribe by calling (800) 337-5263 and
mentioning this AVwebFlash, or
subscribe online. 
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GROB
FILES FOR INSOLVENCY
Grob Aerospace unexpectedly filed for
insolvency on Tuesday after its lead lender pulled out. In a statement, CEO Niall Olver said he hopes the
situation is temporary as the company scrambles to find new money to
finish certification of its SPn business jet. "I am sure that 37 years
of pioneering composite aircraft manufacturing will survive," Olver
said. "The company spirit, the support we have received from employees,
suppliers, customers, fellow stakeholders and the media demonstrates a
significant interest in Grob remaining in business as a civil and
military training aircraft manufacturer." The decision by the
unidentified lender came 10 days after the first flight of the fourth
certification test aircraft and, according to Olver, was motivated by
increasing cash demands caused by delays in the certification program.
Bombardier Aerospace says it doesn't expect the news to affect
development of the Lear 85 business jet, in which Grob is playing a
major role. More...
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Fly With Bose® Aviation
Headset X™
Enjoy an unmatched combination of full-spectrum noise reduction, clearer
audio, and comfortable fit. Voted the #1 headset for the seventh
consecutive year in Professional Pilot's 2007 Headset Preference
Survey. Also rated "Best ANR Headset: The Aviation Consumer
Product of the Year" by Aviation Consumer.
Learn more and order. 
Quotes reprinted with permission: Professional
Pilot, 2007 Headset Preference Survey, 12/07; Aviation
Consumer, 8/07.
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| General Dynamics Staking Bigger Claim in BizAv | | back to
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GENERAL
DYNAMICS BUYS JET AVIATION
Gulfstream Aerospace parent
company General Dynamics is expanding its stake in the business aviation
industry with the purchase of Swiss-based Jet Aviation. General Dynamics
paid $2.3 billion USD for the rapidly expanding service, repair and
refurbishing company. "Through General Dynamics' acquisition of this
strong and rapidly growing organization, we will expand our
participation in the business-aviation industry well beyond that of our
current operations," company Chairman Nicholas Chabraja said in a
statement. More...
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JA Air Center, Your Garmin
Source
GPSMap 495 and 496 have AOPA Directory and terrain. 496 includes
automotive directions and XM weather and music. Have an old GPS? Do
not let it lose its value! Call (800) 323-5966 for the
current value.
JA Air Center [Dupage Airport (KDPA), 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. 
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ECLIPSE
HOLDING SUPPLIER CONFERENCE
Eclipse Aviation is inviting
representatives from all its suppliers to a meeting in Albuquerque next
week to discuss its plans for the future. Eclipse spokeswoman Alana
McCarraher said the letter went out Monday and didn't include any
insight into what those plans might be. "We haven't made any of those
decisions yet," she said, noting that the supplier conference will help
in forming the strategy. However, at least one supplier, Albany
International, which makes composite components for the EA500 very light
jet, has commented publicly that it expects a sharp reduction in orders
from Eclipse. More...
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A Repeat Performance Sure to
Evoke a Soaring Ovation
No one knows Citations better than Cessna. So, it just
makes sense to buy a pre-owned Citation from the company that
builds them. You can even select one of Cessna's pre-owned
ValuePlus Citations, which have been restored to new-aircraft
standards. Get the pre-owned peace of mind that only comes from the most
trusted name in aviation. Choose Cessna pre-owned.
For complete details, go online. 
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| Starfish Aviation to Assemble Spectrum Fleet | | back to
top | | |
SPECTRUM
INKS FLEET DEAL
Spectrum Aerospace has announced it has
reached a deal to supply an undisclosed number of S-40 and S-33 aircraft
to Starfish Aviation, of Northbrook, Ill., for an undisclosed amount of
money. Spectrum President Austin Blue says both companies have policies
against releasing financial details but he did say the order was worth
in the "nine-figure range" so it must be more than $100 million.
Starfish President Ken Ross said the combination of utility and the
projected economy of the Spectrum jets is what attracted his company.
More...
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Aircraft Financing to Fit
Your Needs
AirFleet Capital offers a competitive and experienced approach to
each and every loan program by focusing exclusively on aircraft
financing. AirFleet Capital provides exceptional terms coupled
with personal service and a long-term commitment to support the business
and shared passion of aviation. From Light Sport Aircraft to VLJs and
Business Jets, AirFleet Capital has a loan program to fit your
needs. Call an AirFleet Capital financing specialist at (800)
390-4324, or
request a quote online. 
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NEW
LIFE FOR OLD KING AIRS
Winnipeg-based Standard Aero has
earned a Supplemental Type Certificate to remove Pratt and Whitney
Canada (P&WC) PT6A-41 engines from Beech King Air 200 models and replace
them with modern, more fuel efficient PT6A-42 engines. In many ways the
classic King Airs and the original PT6 models created a new class of
aircraft but they're due for an upgrade, "PT6A-41 engines have been in
service for more than 35 years, many of which are approaching their
third and fourth overhaul," said Standard Aero's spokesman Manny Atwal.
More...
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Precise Flight: Hidden in
Plain Sight
With design capabilities as varied as the number of aircraft models
available, it's easy to find at least one device manufactured by
Precise Flight in the cabin, cockpit, or body of any aircraft on
the market. In fact, integration is a key characteristic of Precise
Flight's operating code.
Learn more online. 
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AVWEB
INSIDER BLOG: IT'S NOT BUSINESS AS USUAL IN RUSSIA
All eyes
are on Russia and its former Soviet sister nations this week — and
that has to be giving pause to some Western aviation companies that have
strong ties to the Russian market. AVweb Editor-in-Chief Russ
Niles ponders what may be going through the minds of some major players
in the industry in the latest installment of our AVweb Insider
blog. More...
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"A
Celebration"
Celebrating their 45th anniversary this September, the National
Championship Air Races are the last head-to-head air racing event
left on Earth and are the favorite among aviation enthusiasts,
worldwide. The event features six high-speed racing classes and a static
aircraft show, and this year the USAF Thunderbirds and F-22
Demonstration Team will highlight a fleet of world-class aviation
demonstrations. For more information on the National Championship Air
Races or to purchase tickets, call (775) 972-6633, or
visit AirRace.org. 
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NEUFELDER
AVIDYNE'S NEW ENGINEERING VP
Tom Neufelder has
been named Avidyne's new VP of Engineering. Neufelder came to Avidyne
from General Electric where he was VP and General Manager for
Independent Practice Engineering developing electronic medical record
and practice systems for doctors. More...
WHO'S
WHERE? YOU TELL US
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...
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Diamond DA40 XL Demonstrator
Sale
For a limited time only, while quantities
last, Diamond DA40 XL Demonstrator models are
available at a special price of $299,950. The aircraft also qualify for
special 2008 tax incentives. You can enjoy owning a Diamond DA40
and write off up to 93% of the purchase price.
Visit Diamond Aircraft now for
more information. 
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AVWEB'S
AIRVENTURE 2008 VIDEO ROUND-UP
This year at EAA AirVenture we
brought you fourteen video reports over the course of seven days. We
realize the news was flying fast and furious during the show, so just in
case you missed any of our reports, you can catch them all here. (Click
through to watch.) More...
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| The Top Reporter on Our Crack Staff ... Is You! | | 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 Webmaster
Scott
Simmons Contributors
Mariano Rosales
Jeff van
West
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. Have a product or service to advertise
on AVweb? A question on marketing? Send it to AVweb's
sales team. 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 AVwebBiz. For complete
instructions on making the switch, click
here. Aviate.
Navigate. Communicate. More...
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