A Dallas television station is the latest mainstream media outlet raising the alarm about a common, some say necessary, tool used to register aircraft in the U.S., invoking the specter of criminals and terrorists using non-citizen trusts to hide ownership of aircraft.
GA groups can claim a victory in the fine print of the latest government shutdown. The FAA has confirmed to AVweb that aircraft registry services will be maintained throughout the shutdown, which began at midnight Dec. 22 and is still the subject of political machinations in Washington.
As we reported earlier, the FAA is reinstating its $500 rebate for equipage with ADS-B Out as an incentive for aircraft operators to get the new gear installed before the Jan. 1, 2020, deadline. The agency has set aside $4.9 million for the program, which will ease the financial impact on 9,800 aircraft owners and operators.
Bloomberg is saying the worst is over for the business jet market as prices for low-time used jets have started inching up. Its been 10 years since the 2008 market collapse laid waste to the industry. The news organization said an expanding economy, lower corporate taxes and a bizjet-friendly president have taken the chill out of the market and buyers who were sitting on their money waiting for a better deal are now buying.
A decade of low interest rates on aircraft loans continues to stimulate aircraft sales, but worries about inflation are pushing rates up, says Airfleet Capital, a leading aircraft lender. While no spikes are expected short term, the market is definitely headed higher, says Airfleets Jim Blessing.
A decade of low interest rates on aircraft loans continues to stimulate aircraft sales, but worries about inflation are pushing rates up, says Airfleet Capital, a leading aircraft lender. While no spikes are expected short term, the market is definitely headed higher, says Airfleets Jim Blessing in this podcast recorded at Sun 'n Fun 2018.
In its 20th annual "Turbine-Powered Civil Helicopter Purchase Outlook," released in late February 2018, Honeywell forecasts 4,000 to 4,200 new civilian-use helicopters will be delivered from 2018 to 2022. Honeywell says they feel a better long-term global economic outlook this year means customers are holding firm in their intentions to invest in new helicopter purchases.