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Financial publications are reporting that Steven Udvar Hazy has left the chairmanship of International Lease Finance Corp. after parent company, government-supported insurer AIG decided against
selling ILFC, the largest aircraft leasing company in the world. Hazy co-founded the company and sold it to AIG during better times. With AIG under government supervision, thanks to an $80 billion
bailout, Hazy had been reportedly rounding up investors in a bid to take back the company. AIG and Hazy have been unavailable for comment to all the publications that have tried to contact them. As
has Douglas Steenland, the former CEO of Northwest Airlines, who is reported the new chairman of ILFC.
Hazy had reportedly lined up a blue-chip consortium of investors in a bid being facilitated by Credit Suisse. Among those throwing money in was Onex Corp., which purchased Hawker Beechcraft from
Raytheon three years ago and also bought Boeing's Wichita operation and renamed it Spirit AeroSystems. Greenbriar and the Canada Pension Plan were also part of the deal. IFLC owns more than 1,000
airliners leased to airlines all over the world. AIG apparently decided it couldn't get enough for the company by liquidating it and is hanging on, at least for the short term.
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ADIZ-like restrictions have been imposed for private aircraft traveling to the 2010 Olympic Games in Vancouver, British Columbia, Canada next month. All private aircraft heading to Vancouver will
have to land in a "gateway" airport before going to Vancouver. Thorough security screenings and searches will be done at the gateways and the aircraft must go nonstop to Vancouver from there. Customs
will be cleared on the ramp at Vancouver International and no one will be allowed to leave their aircraft until after the customs check.
Private aircraft will also be required to have their slot and ramp reservation before being allowed to leave the gateway airport. The initial list of gateway airports were all within a few hundred
miles of Vancouver and included Boise (BOI), Reno (RNO) and Spokane (GEG) in the U.S., along with Calgary (CYYC), Kelowna (CYLW), Abbotsford (CYXX) and Victoria (CYYJ) in Canada. Longer-range options
have been added in the U.S. by the Transportation Security Administration and include Bedford Hanscom Airport (BED), Chicago Midway International Airport (MDW), Dallas Love Field (DAL), Long Beach
Airport (LGB), Memphis International Airport (MEM), Minneapolis-St. Paul International/World Chamberlain Airport (MSP), Palm Beach International Airport (PBI), Port Columbus International Airport
(CMH), Seattle Tacoma International Airport (SEA), Teterboro Airport (TEB), William P. Hobby Airport (HOU), Westchester County Airport (HPN) and Washington Dulles International Airport (IAD).
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To be your most productive, and your most efficient, you must keep flying. Because in so doing, you will emerge from these times even stronger than before. And you will replace the uncertainty that
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A Congressional candidate in Los Angeles is asking celebrities to plant their carbon footprint somewhere besides Santa Monica Airport. Democrat Marcy Winograd is suggesting Van Nuys. The candidate
for the 36th District has sent letters to Gov. Arnold Schwarzenegger, actors Julia Roberts, Tom Cruise and John Travolta and director Stephen Spielberg asking them to take a "no jet pledge" at SMO.
Winograd cited pollution concerns in sending the letter, which has not garnered any responses yet. "The health and well being of people in West L.A. should take precedence over convenience," she told
The Santa Monica Daily Press. She said she's not
suggesting the stars give up their jets, just move them to Van Nuys where the runways are a little farther away from homes and businesses. It's the latest wrinkle in the ongoing battle over SMO, at
which the local city council has been trying unsuccessfully to curtail jet activity for years. The environmental angle got their attention.
Last Tuesday, city council ordered staff to start lobbying senior levels of government on so-called "ultra-fine particles" that they now suspect are spewed by the jets. In fact, Winograd said she
got her idea after attending a forum where researchers discussed the high levels of ultra-fine particles in the air near SMO. It's not known, however, if the particles cause health problems because
there's never been a definitive study on their effects. Airport manager Bob Trimborn said there are about 40 jet operations a day at SMO.
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It took six years of effort, but the FAA has upgraded its traffic flow management system (TFMS) to make it more effective for general aviation flights, NBAA said this week. Prior to the upgrade, general-aviation flight plans submitted to the Flight Service FS21 system more than three hours before departure were held and weren't transmitted to the TFMS, resulting in an inaccurate reflection
of GA demand information to traffic management, says NBAA. Thanks to a new interface, traffic managers now can see flight-plan data up to 17 hours prior to departure, which should help them to plan
more efficiently. "Operators filing IFR flight plans through Flight Service should do so as early as possible to ensure the maximum effectiveness of this enhancement," says NBAA.
For more information, click here to contact NBAA's Operations Service Group. FS21refers to "flight system for the 21st Century," the flight
service system operated by Lockheed Martin for the FAA.
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No question that 2009 was a bleak year for the U.S. economy, but some GA manufacturers made positive progress in the global market. Pilatus, based in Switzerland, had the best year ever for its PC-12 NG turboprop,
delivering 100 copies worldwide. "Achieving 100 deliveries in a single year is a significant milestone for Pilatus and the PC-12 NG production program," said Ignaz Gretener, vice president of general
aviation at Pilatus. "This would be true in any year, but the fact we did it last year is simply outstanding." Diamond also
announced this week that it has sold seven airplanes in Australia to the University of South Wales aviation department, six single-engine DA40s and a DA42 twin, through its regional distributor, Hawker Pacific. All of the aircraft will be equipped with Garmin G1000 glass cockpits and will be delivered over the
next six months. It will be the biggest Diamond delivery ever in Australia, according to the university. Cirrus Aircraft also announced this week a sale
of 16 SR20 airplanes to Purdue University's Department of Aviation Technology, which will replace the current fleet of Piper Warriors.
"The collaboration between Purdue University and Cirrus Aircraft launches a new era of next-generation collegiate aviation education," said Brent Bowen, head of the aviation department at
Purdue. "Our investment in Cirrus and the resulting technologies will provide us with data acquisition and flight training capability never before possible and allow us to advance aviation
education to a new level." The SR20s will be delivered later this year, between March and July. They will all be equipped with Cirrus Perspective by Garmin avionics, Alaka'i Technologies data
recorders and Garmin GDL-90 receivers to support ongoing research projects. Cirrus has seen growing sales in Australia, and Cirrus officials said last week they expect slow improvement this year
in the U.S., but global sales could rise as much as 50 percent. Click here for last week's Cirrus
update by Minnesota Public Radio.
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In the Jan. 18 edition of AVwebFlash, we ran a story headlined "Flight 1549-Inspired Tow Plane Crash Lands Near
Hudson." Based on reader input and our own reflection, we've decided the headline is misleading and doesn't reflect the events of that day, which included a successful off-airport landing with no
damage to the aircraft. The headline has been changed. AVweb regrets the error.
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Every market needs a good trade show, and AVweb's Paul Bertorelli is here to tell you the light sport segment of aviation has a solid one in Sebring, Florida. Just back from the U.S. Sport
Aviation Expo 2010, Paul shares his thoughts on the AVweb Insider blog.
The air show season opened on a high note for 2010 with a healthy turnout of both exhibitors and patrons at the U.S. Sport Aviation Expo in Sebring, Fla. The four-day show wrapped up Sunday and
AVweb's Paul Bertorelli and Jeb Burnside were there to capture the highlights on video. The first five videos are now ready for viewing and there will be more in coming days as we continue to
review what has become an integral part of the air show calendar in its few years of existence.
Don't see a video screen?
Try disabling ad blockers and refreshing this page.
If that doesn't work, click here to view this playlist directly on YouTube.
Watch all of our Sebring videos in the player above or click these thumbnails for individual videos:
Airport Planning & Management Available from AVweb Bookstore. Extensively revised to reflect post-9/11 changes, this new edition brings aviation professionals authoritative coverage of site selection, design, access,
financing, regulation, security, capacity, and other issues essential to the design and management of airports.
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Aviation Consumer is conducting a survey to hear your experiences with engine overhaul shops. Whether the experience was propulsion bliss or aggravation of a new order, please take a couple
minutes to let others know how it went. Your response will help inform an article on engine shops for Aviation Consumer magazine.
Win a Bose Aviation X headset as we celebrate our 15th Anniversary! All you have to do is click here to enter your
name and email address. (You only have to enter once, and you'll be entered in our prize drawings for the entire year so if you've already entered, you're all set.)
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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
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