Aero-News Network: The aviation and aerospace world's daily/real-time news and information service

Aero-News: Quote of the Day (09.18.10)

"Our industry has been waiting for this key measure to be passed to help in our recovery. We look forward to swift passage of this bill in the House and to the president's signature on this important piece of legislation." Source: GAMA president and CEO Pete Bunce.

ANN's Daily Aero-Term (09.18.10) : Microburst

A small downburst with outbursts of damaging winds extending 2.5 miles or less.

ANN's Daily Aero-Linx (09.18.10)

Balloon Events Comprehensive, up-to-date, free listing of hot air balloon events, fiestas and festivals for balloon enthusiasts, pilots, crews and the public in the Unites States and abroad.

GAMA, NBAA Applaud Bonus Depreciation in Senate Small Business Tax Bill

Aircraft Purchased This Year Must Be In Service By The End Of 2011

GAMA and the NBAA have issued a statements concerning Senate passage of H.R. 5297, the Small Business Lending Fund Act of 2010.

Colorado EXTRA Aircraft Deal Still 'Line Up And Wait'

County Wants More Time To Review Incentives Package

EXTRA Aircraft is planning to build its first North American manufacturing facility in Montrose, CO. However, the German-based manufacturer, as well as 220 potential new employees, will have to wait while the Montrose Board of County Commissioners concludes its investigation into an incentives package.

Pilot Who Attempted To Fake His Death Pleads Guilty To Securities Fraud

Marcus Schrenker Will Pay Restitution, Faces Additional Prison Time

The pilot who attempted to escape charges of fraud for bilking 11 people out of more than $1 million dollars pleaded guilty to five of the 11 counts against him in an Indiana court Wednesday.