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MOTHBALLS JET PROJECT
Piper Aircraft announced on Monday it
is "indefinitely suspending" further work on its Altaire single-engine
business jet and will cut more than 200 jobs at its plant in Vero Beach,
Fla. The news was not unexpected, coming just a week after the company
appointed a new interim CEO and said it would "review"
the program. Piper's news release on Monday said planned development
costs had "risen above the point that were recoverable under foreseeable
light-jet market projections." The deposits of Altaire position holders
will be refunded, the company said. More...
Legal and Practical Aspects
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SAYS FAA FUNDING DEAL POSSIBLE
A leading lawmaker says he
thinks long-term reauthorization of the FAA is possible before the
current interim funding package expires Jan. 31. Rep. John Mica, R-FLa.,
the chairman of the House Transportation Committee, says he thinks a
four-year deal is possible by the end of the year. But even though the
FAA has been without a proper reauthorization package since 2007,
Washington observers are terming Mica's plan "optimistic" because of the
politics involved. Mica himself hinted at turning down the temperature
on the dispute over subsidizing air service to isolated communities, an
issue at least partly to blame for the impasse that caused a partial
shutdown of the agency in July. More...
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REJECTS EU AVIATION TAX
Representatives from both parties in
Washington agreed on something this week -- the European Union shouldn't
be allowed to unilaterally impose a carbon tax on aircraft flying there
from the U.S. On Tuesday, the House of Representatives passed a bill
that prohibits all U.S. airlines and general aviation operators from
taking part in such a scheme, NBAA said. "Global aviation standards are
overseen by the International Civil Aviation Organization," said NBAA
President Ed Bolen, "and any new standards should be decided by ICAO."
The EU, however, said it intends to enforce its carbon rules, despite
the U.S. opposition. More...
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BREAK-EVEN PEGGED AT 1100
Boeing will lift the curtain a
little today on the financial aspects of its 787 program, but that
didn't stop pundits from predicting what it will take to make the
world's most expensive civilian aircraft development program make money.
Rather than make its own prediction, Bloomberg tallied up the crystal
balling of 18 analysts, averaged them and came up with Boeing's making
its first buck on Dreamliner No. 1101. The magic number was undoubtedly
much lower than that when Boeing embarked on the 787 program but a
series of problems compounded to create a three-year launch delay. The
first Dreamliner was delivered to ANA last month and was due to enter
service today. The company has about 800 firm orders for the mostly
plastic jet and based on previous programs should therefore have no
trouble hitting the black. More...
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FLEET RAVAGED BY HAIL (REVISED)
A hail event at Murfreesboro Municipal
Airport may have damaged up to 17 of 20 Diamond trainers operated by
Middle Tennessee State University (MTSU) and left the school's entire
fleet grounded, temporarily putting a stop to flight instruction for
hundreds of students. MTSU has roughly 400 students studying in its
professional pilot concentrations and it operates one of the largest
fleets of Diamond trainers in the country. Diamond is sending experts
from Canada to inspect potentially hidden (and apparent) physical damage
to the Diamonds' composite skins. Dr. Wayne Dornan, Chairman of the
school's Aerospace Department, told AVweb Thursday that the DA-40s
operated by MTSU carry glass cockpits, some with synthetic vision, and
cost roughly $365,000 each, new. MTSU also has five Piper Seminoles and
they were also damaged. MTSU's aircraft weren't the only ones to suffer.
The airport was hosting a regional competition and aircraft from other
schools were also damaged. More...
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GETS PART OF GLOBAL 7000/8000 WORK
Bombardier has announced
that major components of its flagship Global 7000 and 8000 business jets
will be built in its Queretaro, Mexico plant. The company said Tuesday
that the rear fuselages of the large long-range jets will be built in
Queretaro. The decision was expected since the aft fuselages of Global
5000 and 6000 models are also built at the Mexico plant. Final assembly
for the Global 7000 and 8000 will be done at Bombardier's Downsview
plant in Toronto and interiors will be finished at the company's
completion center in Dorval, just outside Montreal. More...
Fly More for
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|The Top Reporter on Our Crack Staff ... Is You!||back to
WHERE? YOU TELL US
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permanently archived on AVweb for future reference, too.
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AA JACKSON HOLE OVERRUN TRANSCRIPT RELEASED
appeared to show that the thrust reversers of American Airlines Flight
2253 were slow to deploy before the 757-200 slid off the runway at
Jackson Hole Wyoming last December -- now we know the crew thought so,
too. The NTSB Friday released a transcript of the flight's cockpit voice
recorder. The airliner had touched down safely under a 1,000 foot
overcast with a broken layer at 400 and 3/4 mile visibility in light
snow. At the moment the wheels touched, the flight's captain said "very
good." Twenty-seven seconds later, the first officer (who had flown the
landing) expressed his opinion of how events had developed since then by
stating, "we're screwed." He then told the tower why: "and American ah
twenty two fifty three is goin' off the end of the runway."
THE AVWEBBIZ TEAM
AVwebBiz is a weekly
summary of the latest business aviation news, articles, products,
features, and events featured on AVweb, the
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