LAS VEGAS — In its 24th annual Global Business Aviation Outlook, Honeywell Aerospace forecasts up to 9,200 new business jet deliveries worth $270 billion from 2015 to 2025 — a 3% to 5% drop over what was predicted in last year’s forecast. As a slow growth economic environment takes hold across many global markets, the business aviation industry […]
Briefings
Cobalt introduces Valkyrie and Valkyrie-X
SAN FRANCISCO — Cobalt has launched its first two models – the Co50 Valkyrie and the Valkyrie-X. The Cobalt Valkyrie-X is an experimental version while the Co50 Valkyrie is the fully certified model. “10 years ago, I had a vision to disrupt the aviation industry with an innovative private aircraft, that is not only technologically sound […]
XTI Aircraft Company flies forward with SEC filing
DENVER, Colo. — XTI Aircraft Company, which is developing the TriFan 600, has asked the U.S. Securities and Exchange Commission (SEC) to convert almost $14 million in expressed interest into real investments for thousands of individuals worldwide. XTI launched a “test-the-waters” equity crowdfunding campaign in late August to develop the TriFan 600, a six-seat fixed-wing airplane with the […]
Avflight at KFNT now FAA testing center
Avflight Corporation‘s Flint, Michigan, location is now an FAA Approved Computer Testing Center for Airman Knowledge exams. The FBO at Bishop International Airport (KFNT) is qualified to proctor a variety of exams, including those for aircraft dispatchers, airline transport pilots and flight navigators; aviation maintenance technicians; commercial pilot and military competence; flight engineers; instructors; instrument […]
Reno Air Races projects profit
RENO, Nev. — Preliminary results from this year’s Reno Air Races shows a projected profit of more than $100,000, according to officials with the Reno Air Racing Association (RARA). The original budget for 2015 called for a $630,000 loss, so the projected profit is very good news for the event, officials said, adding the results […]
Avionics sales drop
LEE’S SUMMIT, Mo. — Total avionics sales topped $1.7 billion in the first nine months of 2015, according to figures just released by the Aircraft Electronics Association, representing a 7.5% drop from last year’s sales. For the three months of the third quarter — July, August and September — total worldwide business and general aviation avionics sales amounted […]
Pelton named EAA CEO
EAA AVIATION CENTER, OSHKOSH, Wisconsin — The Experimental Aircraft Association (EAA) has named EAA Chairman Jack Pelton Chief Executive Officer. The CEO position is a paid position, although Pelton will continue as EAA’s volunteer Chairman of the Board while he is CEO. He will maintain residences in Oshkosh and his hometown of Wichita, Kansas. “Jack has […]
AOPA AV8RS programs awards scholarships
The Aircraft Owners and Pilots Association’s (AOPA) AV8RS youth membership program has awarded four scholarships totaling more than $22,000 to teens who are pursuing flight training in high school and college. This year’s scholarship program was funded through the AOPA Foundation, a non-profit organization, and made possible by the Emil Buehler Perpetual Trust. The winners […]
Documents, video available from NTSB forum on Loss of Control in GA
WASHINGTON, D.C. – The National Transportation Safety Board has released the public docket associated with its Oct. 14 forum, Humans and Hardware: Preventing General Aviation Inflight Loss of Control. The docket contains 38 documents. In addition, the NTSB made available new links to the video archive of the forum and through the NTSB Youtube channel so that pilots […]