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Trade-A-Plane,
Aviation's Original Search Engine
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| Top News: ETIRC Gets Green Light on Eclipse Buy | | back to
top |  | |
ECLIPSE
SALE APPROVED
A Delaware bankruptcy judge has approved the
sale of the assets of Eclipse Aviation to EclipseJet Aviation
International, a subsidiary of ETIRC Aviation, which is owned by current
Eclipse CEO Roel Pieper and is the largest single investor in Eclipse.
Judge Mary Walrath, of the U.S. Bankruptcy Court, made her decision
Tuesday after hearing two days of testimony, much of it in opposition to
the sale. Pieper's offer is $28 million in cash, plus $160 million in
shares and 15-percent equity in the company for secured shareholders.
When it filed for Chapter 11 protection on Nov. 25, it was estimated
that Eclipse owed more than $1 billion. Now that the ownership question
has been settled, perhaps an even larger question looms, particularly
for the people and politicians of Albuquerque. More...
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JA Air Center, Your Source
for the New Garmin GPSMap 696
JA Air Center is YOUR source for Garmin equipment, including the
new GPSMap 696 with Victor Airways, Jet Routes, XM Weather, Terrain,
AOPA Airport Guide, and Safe Taxi. JA Air purchases used
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JA Air Center is now open in Sugar Grove, IL (KARR) providing the
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avionics/instrument service, mail order, and aircraft sales. Call
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| Latest Type Group Focuses on Cessna Citation | | back to
top | | |
CITATION
OWNER-PILOTS ORGANIZE
The latest type group to form is
perhaps a sign of the times in business aviation. Citation Jet
Pilots was formed last November for owner-pilots of Cessna Citation
jets. Membership is climbing (CJ3 owner and AOPA President Craig Fuller
just joined) and the organization is planning its first gathering at the
Light Business Airport Conference in San Diego March 12-14. The group
has organized formally and has an executive. Founding President John
Hayes said the introduction of entry-level jets like the Citation
Mustang has increased interest in owner-pilot jets and the group is a
response to that. "Our goal will be to make Cessna Jet Pilots a world
class organization where Citation owner-pilots can share information
with other Citation owner-pilots to improve safety and the utility of
our aircraft," he said. More...
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Quotes reprinted with permission: Professional
Pilot, 2007 Headset Preference Survey, 12/07; Aviation
Consumer, 8/07.
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| Most Recent Layoffs at Piper Hopefully the Last | | back to
top | | |
PIPER
CONFIRMS 150 LAYOFFS
Piper Aircraft is planning for a
40-percent decline in production for 2009 and should not have to lay off
any more workers if the estimate is accurate. According to TCPalm, Piper CEO Jim Bass told the Indian River
County Commission that 150 employees have been laid off and others have
had their hours cut to balance production and demand. "There simply is
no need to build planes and have them stacked up on a runway and sit
around and rust," Bass told the meeting. "We hope it will be better but
we also recognize in today's environment it's very hard to forecast with
really good accuracy and it could get worse. If it stayed at the 40
percent level, we won't have to make any more changes to our workforce.
No more layoffs." More...
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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 $15.6 billion. The global fleet of more than
5,400 Citations is the largest fleet of business jets in the
world.
More information about Cessna Aircraft
Company is available at Cessna.com. 
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| AOPA Shelves Fly-In, Plans Outreach Alternatives | | back to
top | | |
AOPA
SCRUBS FREDERICK FLY-IN
AOPA has scrubbed its annual
fly-in at its headquarters in Frederick, Md., in favor of more
outreach at flying events and some non-aviation events in the coming
year. In a story on its Web site the organization says the shift is in
keeping with its Let's Go Flying promotion encouraging people to
discover flying. "The association will bring the excitement of GA flying
to new venues throughout the year," the AOPA story reads.
More...
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Leave the Paper Trail
Behind
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Subscribe. Click. Fly. For complete details, call (888) 359-5647,
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AVWEB
PARTNERS WITH CANNES SHOW
AVweb has teamed up with one
of Europe's most important general and business aviation shows.
AVweb is partnering with Eur-Avia Cannes 2009 at the
International Airport of Cannes Mandelieu from April 30 to May 2.
"Eur-Avia Cannes exhibition brings together the leading protagonists in
general and business aviation in order to offer the possibility to a
demanding clientele to discover the latest developments and industrial
innovations," said show spokeswoman Samantha Chastang. AVweb
readers are encouraged to preregister and use the invitation code AVWEB 09. More...
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CHINA
PLANNING ENGINE DEVELOPMENT
China is planning to develop its
own jet engines to power the commercial airliners and perhaps business
jets it plans to build in coming years. Foreign investment in the $878
million venture is being capped at 30 percent, with state aircraft
builder Aviation Industry Corp (AVIC) holding 40 percent and the
remainder to be split between Shanghai Electric Group and an investment
arm of the government. The announcement was made by the official
Shanghai Securities News on Monday. More...
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AERO Friedrichshafen —
The Best Place for Your Business
AERO Friedrichshafen is the premier European trade show for the
General Aviation industry. Starting in 2009, AERO will take place
annually. Situated in Central Europe, within the border—triangle of
Switzerland, Austria, and Germany, AERO is the ideal platform for
the European General Aviation market. In addition, Messe
Friedrichshafen is one of the most modern fairgrounds in Europe. If
you want to do business in Europe, you have to be there!
Go online for complete
information. 
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Economic Challenges Call for
Proven Advertising Results — AVweb Delivers
Results
Since 1995, AVweb has been the most comprehensive no-cost
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send readers directly to advertisers' web sites for instant
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Click now for details on AVweb's
cost-effective programs. 
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AMSTAT
MARKS MILESTONE
AMSTAT, which
provides corporate aviation fleet and operator information, has been
part of the CAMP Systems family of companies for five years. It's
expanded aggressively in that time and boasts a 96 percent customer
satisfaction rating. More...
ERAU
BUYS LYCOMING-POWERED DA42S
Diamond Aircraft
announced a major order for its Lycoming-powered DA42 twin from
Embry-Riddle Aeronautical University. The university ordered 10 DA42
L360s and will have them in time for the next academic year. More...
KSU
ADDS CESSNA 421B TO TRAINING FLEET
Kansas State
University now has a Cessna 421B for students in its maintenance
programs to work on. The pressurized piston twin remains on flight
status. It was donated to the university by supporters and aviation
enthusiasts Kenneth and Tamara Knight.
More...
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CHARLIE
JOHNSON JOINS VIPER AIRCRAFT
 | | Charlie
Johnson |
Former Cessna President Charlie Johnson
is now Viper Aircraft's director of business development. The Washington
State company is developing the two-place tandem ViperJet. More...
HOCKMAN
AT PLANESENSE
H. L. Skip
Hockman has been named a sales specialist for the PlaneSense Fractional
Ownership Program operated by Alpha Flying. Hockman will cover an
expanded territory west of the Mississippi.
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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| 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
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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