Money Will Repay Earlier Loan, Provide A "Cushion"
Republic Airways Holdings is building a reputation for bailing
out cash-starved airlines. On Thursday, Frontier Airlines announced
it has received a new commitment for $40 million in post-petition
debtor-in-possession (DIP) financing from Republic, subject to
bankruptcy court approval and other pre-closing conditions.
Future Speakers Include NTSB Chairman, Congressman
In its relatively short existence, the Wichita Aero Club has
attracted some heavy hitters to speak at its monthly meetings. Pete
Bunce, President and CEO of the General Aviation Manufacturers
Association in Washington, DC, will be the featured speaker at the
club's monthly luncheon at noon on March 17, 2009 at the Wichita
The team operating NASA's Mars Odyssey orbiter plans a
complicated reboot operation of the spacecraft's computer next
week, to address a long-known, potential vulnerability of
accumulated memory corruption.
Class 2 Electronic Flight Bags Rolled Out For NextGen 737s
Boeing announced this week an agreement with Esterline CMC
Electronics to provide Class 2 Electronic Flight Bag (EFB) hardware
on selected airplane models for production and retrofit, starting
with the Next-Generation 737. A second provider will be announced
An airport procedure during which an aircraft is pushed
backwards away from an airport gate by external power, when there
isn't enough room for the aircraft to turn around under its own
power (which requires some degree of forward motion).
"There is a great and immediate need for an owners
organization that allows us to control our own destiny as a group.
By providing a united front, the owner-led organization will be
able to economically support the existing fleet of
Source: Randall Sanada of Jet Alliance, Inc.
Owners of Eclipse 500 jets -- essentially orphaned since the
manufacturer entered Chapter 7 bankruptcy this week -- have united
to explore the acquisition of the assets of Eclipse Aviation.