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October 5, 2012
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News for and about the general aviation community

  News of the day 
 
  • Air Lease billionaire-pilot takes on AIG
    Air Lease Chairman and CEO Steven Udvar-Hazy got his start when he pioneered the aircraft leasing industry with his company International Lease Finance -- the world's largest leasing firm. That company was sold to American International Group for $1.3 billion in 1990; Udvar-Hazy, a pilot, served as CEO but subsequently left the company to start Air Lease in 2010. AIG sued Air Lease in April, saying that employees were poached and that some of them may have left with confidential client information. Bloomberg Businessweek (10/4) LinkedInFacebookTwitterEmail this Story
What he didn't know about his life insurance cost his family $1 Million. Aviation exclusions can void your coverage for aviation activities. Pilots should take special care when comparing life insurance. Get the right coverage without exclusions quoted by experienced pilot agents. Call Pilot Insurance at (800) 380-8376 or visit PilotInsurance.com
  Aviation Update 
 
  • Nextant Aerospace creates new model for GA
    Nextant Aerospace has a new approach to general aviation: The company has been producing the world's only FAA-certified remanufactured business jet, the 400XT. Nextant is working toward outputting 40 aircraft per year, to fill more than 80 existing orders. The idea was developed by aviation entrepreneur Kenneth Ricci, who says complete redesigns are not necessary. "[T]he only thing that's really changing are the engines and avionics ... the computerization. There are no leaps in aluminum landing gear" or other major aircraft components. AVweb (10/4) LinkedInFacebookTwitterEmail this Story
  • Other News
Finance your Aircraft with AirFleet Capital. Get approved for an aircraft loan in 1-2 business days! We provide low rates and terms to 20 years on new & used aircraft along with fast, personal service and an experienced staff to make the process simple. With great values on aircraft and our low rates, it's the time to finance. Call (800)390-4324 or request a quote at AirFleetCapital.com
  Airport Focus 
 
  • New Kan. airport is dedicated
    The first new airport to open in Kansas since 1989 was dedicated last weekend in front of a crowd. Rooks County Regional Airport has a 5,000-foot concrete runway to replace two nearby municipal airports with turf runways. The Hays Daily News (Kan.) (10/4) LinkedInFacebookTwitterEmail this Story
  Helicopter News 
 
  • NASA will test helicopterlike spacecraft
    NASA engineers are preparing to test small-scale prototypes of space capsules that use rotor blades rather than parachutes to slow their descent after reentering Earth's atmosphere. The rotor blades will provide greater control and stability than parachutes, NASA says. Yahoo! (10/4) LinkedInFacebookTwitterEmail this Story
  • Other News
Aviators, are you properly insured to replace the income of a breadwinner, relieve debt, pay for college funding and cover the short falls in the golden years? To many of you throw your life insurance contracts in the drawer and do not really understand what they will accomplish should and unexpected death really occur. (800) 59-PILOT(74568) www.mypilotinsurance.com.
  Avionics & Technology 
  • Are lithium batteries unsafe?
    A suspected lithium-ion main-ship battery fire on a Cessna Citation CJ4 in 2011 resulted in an emergency airworthiness directive, calling for all CJ4 lithium-ion main-ship batteries to be replaced with heavier nickel-cadmium or lead-acid battery. But are lithium batteries truly unsafe? According to a guide by the National Highway Traffic Safety Administration about vehicles with high-voltage batteries, "NHTSA does not believe that electric vehicles present a greater risk of post-crash fire than gasoline-powered vehicles. In fact, all vehicles--both electric and gasoline-powered--have some risk of fire in the event of a serious crash." AIN Online (10/4) LinkedInFacebookTwitterEmail this Story
  Pilot Spotlight 
  • Column: A pilot's enthusiasm for flying
    This columnist writes about one man's enthusiasm for flying, which includes helicopters and hang-gliders. Jeff Jobe "is the only person I know who has his own private helicopter hangar alongside his garage at his home, on a lake near Seattle," writes columnist Warren Miller. Vail Daily (Colo.) (9/29) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Obama's tax talk doesn't fly with jet set
    The business aviation lobby has to step up again to defend its image following President Barack Obama's call to end tax breaks for corporate jet owners during the debate on Wednesday, this feature says. In a statement Ed Bolen, the National Business Aviation Association's president, said. "The president's comments completely mischaracterized the businesses and groups that depend on an airplane, the majority of which are small-to-mid-sized businesses, farms, flight schools, medical care providers and emergency responders that use the aircraft to connect communities and grow their businesses." Politico (Washington, D.C.) (10/4) LinkedInFacebookTwitterEmail this Story
  AOPA News 
  • Check out PilotMall.com
    You can receive $10 off your first purchase of $100 or more at PilotMall.com! Check out all of the discounts and special offers from leading aviation and non-aviation companies available through the AOPA Lifestyles Member Discounts Program LinkedInFacebookTwitterEmail this Story
  • Social media will play key role at AOPA Aviation Summit
    AOPA has created Twitter hashtags for key events and will be active on Facebook during next week's Aviation Summit. AOPA Online LinkedInFacebookTwitterEmail this Story
  • My Voice: General aviation -- expanding horizons
    An editorial explains how noncommercial flights are important to the economy in South Dakota and across the nation. AOPA Online LinkedInFacebookTwitterEmail this Story
Learn more about AOPA ->AOPA News  |  AOPA Action  |  AOPA Now  |  AOPA Foundation
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  SmartQuote 
The lure of the distant and the difficult is deceptive. The great opportunity is where you are."
--John Burroughs,
American naturalist and essayist


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