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All News

March 21, 2012

Commercial Aviation's Upward Climb Lifts ISTAT Mission, Annual Meeting

Conference Points To Soaring Aircraft Production Levels As Reason For Optimism

With 2012 global commercial-aircraft deliveries forecast to approach a record nearly $100 billion, the business of buying, selling and financing airplanes continues on an upward climb, powered by a healthy appetite for investment opportunities in what has been a very high-performing asset class. That enviable environment underpins ISTAT Americas 2012, the annual meeting of the International Society of Transport Aircraft Trading (ISTAT) that opened Monday in Scottsdale, AZ.

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Viral Video Of Toddler Pat-Down May Not Be What It Seems

Young Boy In A Wheel Chair Shown Receiving Additional Screening

A video is making its way around the Internet showing a very young boy in a wheelchair due to a broken leg receiving additional screening as he gets ready to board a flight in Chicago to Walt Disney World with his family.

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Bombardier Sells Two CRJ900 NextGen Airliners To RwandAir

Carrier Will Be The First CRJ900 Operator In Eastern Africa

RwandAir has signed a firm order for two CRJ900 NextGen regional jets from Bombardier. RwandAir will become the first operator of CRJ900 aircraft in Eastern Africa. Based on the list price of the CRJ900 NextGen airliner, the firm-order contract is valued at approximately $89 million. The value of the contract would increase to $185 million should both options be exercised.

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Gama Aviation Achieves FAA Part 129 Certification

May Now Operate Commercial Flights Between EU, U.S.

Business aviation and services company GAMA Aviation has been approved by the US DOT to operate unrestricted commercial flights between the European Union and the US following its award of full FAA Part 129 accreditation. The authorization goes into effect immediately.

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A4A Urges 'Holistic' Approach To Tax, Regulatory Challenges

Calls For Federal Reforms To Enable Global Competition

Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today called on the U.S. government to reform federal taxes and regulations to enable U.S. airlines to compete globally on a level playing field and help grow the country's economy.

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FAA May Relax Electronic Device Rules

Planning To Study Use Of Some Devices During Takeoffs And Landings

If tests planned by the FAA prove that some devices may not interfere with aircraft avionics during takeoff and landing, Alec Baldwin may someday be able to complete his game of "Words With Friends" without being escorted off an airplane. But more likely not.

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