Wed, Aug 27, 2014
A hot topic at EAA AirVenture 2014 was the subject of the FAA requirement to be ADS-B equipped by January 1, 2020. In this video ANN CEO and Editor-In-Chief, Jim Campbell covers the topic well beyond the technology involved.
Campbell talks with Michael Dyment, the Founder and Managing Partner of NEXA Capital Partners, LLC. Dyment points out that while there is still 5 1/2 years until the time ADS-B is mandated, there are approximately 157,000 GA aircraft to be equipped. If you do the math, that’s about 120 aircraft every work day between now and the deadline.
Not only does this present a logistical problem, it involves a lot of money. Dyment explains the critical issue of financing through what is called the “NextGen GA Fund.” This fund is being made available for loans at low interest rates for GA aircraft owners to equip their aircraft.
In this video, Dyment provides a detailed look at how the NextGen fund works and what it offers. If your aircraft is not already ADS-B equipped and you’re wondering how you’re going to get it done, this video provides important and valuable information.
Aero-TV is a production of the Internationally syndicated Aero-News Network. Seen worldwide by hundreds of thousands of aviators and aviation adherents, Aero-TV has produced nearly 2000 aviation and feature programs, including several hundred episodes of our thrice-weekly aviation news program, AIRBORNE, hosted by Ashley Hale. Parent company, Aero-News Network, has the most aggressive and intensive editorial profile of any aviation news organization and has published nearly 200,000 news and feature stories since its inception -- having pioneered the online 24/7 aviation new-media model that so many have emulated.
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