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October 10, 2018

No Surprises Here: ONE Aviation Files Chapter 11

Legal Filing Will Reportedly Allow For Reorganization Of Embattled Company

ONE Aviation Corporation (along with its subsidiaries Eclipse Aerospace and Kestrel Aircraft), have confirmed that the Company has entered into a consensual restructuring pursuant to the terms of a Restructuring Support Agreement with support from 100% of its voting first lien lenders. As part of this process, the company has voluntarily filed for Chapter 11 bankruptcy while concurrently securing financing from its first position lender. This influx of capital combined with its normal operating cash flow, will reportedly allow ONE Aviation to maintain normal operations, minimize business disruption, and position the company for a successful future. The Board of Directo

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NTSB Releases Probable Cause Report From 2016 Helicopter

Weather Was Deteriorating Through The Day, Pilot Continued VFR Operations Into IFR Conditions

The NTSB has released its probable cause report from an accident which occurred May 6, 2016 near Skagway, Alaska. The pilot of the helicopter was fatally injured in the accident.

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Pulselite Bird Strike Prevention System STC Updated

Now Includes Bell 407GX And GXP

Precise Flight has updated its Supplemental Type Certificate (STC) from the FAA for the Pulselite Bird Strike Prevention System to include installation instructions for the Bell 407GX and 407GXP variations.

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FlightServ Acquires Land For New FBO And Hangar Facility

To Be Built At Trenton Mercer Airport

After years of negotiation with Mercer County and the Trenton Mercer Airport Authority (KTTN), FlightServ has acquired a new ground lease upon which it will construct a brand-new FBO and hangar facility.

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AD: Dassault Aviation Airplanes

AD NUMBER: 2018-19-06

PRODUCT: Certain Dassault Aviation Model FALCON 900EX airplanes.

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Griffiss, NY Airport UAS Test Site Authorization Extended

Designation Will Continue Until 2023

The just-passed five-year FAA Reauthorization bill includes language that would extend the designation for the New York UAS Test Site located at Griffiss International Airport until 2023. The designations for the seven unmanned aircraft systems (UAS) test sites around the country were set to expire in 2019 without congressional action.

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NTSB Releases Preliminary Report From SC Falcon 50 Accident

Two Fatally Injured When Airplane Exited Runway On Landing

The NTSB has released its preliminary report from a runway excursion accident which occurred on September 27 that resulted in the fatal injury of two pilots on board the aircraft. Two passengers sustained serious injuries.

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