PBGC, Hawker Beechcraft pension agreement plan set for bankruptcy court hearing | A little good news for aviation fuel prices in 2013 | Proposed bill would eliminate tax on airplane sales, repair in Maine
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January 7, 2013
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PBGC, Hawker Beechcraft pension agreement plan set for bankruptcy court hearing
Pension Benefit Guaranty Corp. and Hawker Beechcraft have struck an agreement in which PBGC will take over two pension plans for salaried Hawker employees. A hearing in U.S. bankruptcy court has been set for Jan. 17. Business Insurance (tiered subscription model) (1/4)
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A little good news for aviation fuel prices in 2013
Blogger Kent Misegades says that while general aviation sales forecasts do not look great for 2013, there is some evidence that aviation fuel prices could come down. A recent drop in price of Canadian crude oil is a good indicator that the price of mogas and Jet-A could drop too. General Aviation News (1/2)
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Proposed bill would eliminate tax on airplane sales, repair in Maine
A bill proposed in Maine by Gov. Paul LePage would provide a permanent tax exemption on the sale and repair of airplanes in the state. A similar provision went into effect July 1, 2011, to boost Maine's aviation industry, but it is scheduled to end in 2015. Kennebec Journal (Maine) (1/2)
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NAFI members say instructor pay is too low
Initial analysis of a poll conducted by the National Association of Flight Instructors of its members suggests that compensation for flight instructors is too low. Many instructors are forced to take second jobs to support themselves. "Until we can bring wages for instructors up to a level commensurate with the investment in training they have incurred and to a level that allows [flight instruction] to be competitive as full-time employment, we are likely to see instruction remain a part-time way they support themselves," said NAFI Executive Director Jason Blair. Flying online (1/3)
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Other News
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What will aviation fuel prices do in 2013?
Check out poll results in Wednesday's eBrief. The results from the poll questions in Aviation eBrief do not necessarily represent the views of pilots, aircraft owners or AOPA members and therefore should not be used for research purposes.
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Airport Focus
New manager at Fla. airport looks to future
Only on the job for two months, Zephyrhills Municipal Airport Manager Michael Handrahan has hit the ground running, introducing his vision for the airport at a recent breakfast with the business community. Infrastructure is one area Handrahan hopes to improve. "We have some basic infrastructure issues -- nothing earth-shaking or major -- they just haven't been dealt with over the years," he said. The Tampa Tribune (Fla.) (1/5)
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MetLife's Snoopy Two the most recent blimp to land at Calif. airport
Livermore Municipal Airport in California has a long history with airships. Charles Tolliver hoped to build his own zeppelin there, and the U.S. Navy kept its dirigibles there in the 1940s when the San Francisco and Oakland airports were fogged in. The Oakland Tribune (Calif.) (1/6)
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International News
Coast Guard helicopters face adverse conditions to rescue workers from Alaska oil rig
The Kulluk oil rig was left powerless in the Gulf of Alaska after a buckle on the tow line connecting it to the Shell tug Aiviq broke on Dec. 29. Two Coast Guard helicopters faced heavy winds and violent seas while rescuing the 18 men aboard. PopularMechanics.com (1/4)
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Avionics & Technology
FAA approves installation of Garmin avionics on Piper turboprops
The Federal Aviation Administration granted a supplemental type certificate to Phoenix-based Cutter Aviation to retrofit Piper Meridian six-seat turboprop aircraft with Garmin G950 custom glass cockpit panel packages. The retrofit makes it possible for Piper owners to upgrade their aircraft to meet the newest requirements for NextGen airspace. "Piper Meridian owners have been asking for a fully integrated avionics upgrade for their aircraft, and we are pleased to now offer them such a package," said Will Cutter, president and CEO of Cutter Aviation. Avionics Intelligence (1/6)
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Pilot Spotlight
Brother-sister instructor team inherited father's love of flying
Kelley Dineen is president of Massachusetts-based King Aviation and runs the flight school with her brother David. They took over the flight school from their father; Dineen said it was his love of flying that inspired her own. Patch.com/Mansfield, Mass. (1/7)
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AOPA News
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SmartQuote
If money be not thy servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him."
-- Francis Bacon,
British author and statesman
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