On Tuesday, Cessna made an announcement, which not only
proves beneficial to its shareholders, but the business aviation
industry as a whole. Cessna announced its Citation XLS has received
FAA program approval less than six months since its introduction at
the 2003 NBAA convention. The manufacturer claims the jet's final
performance numbers are better than or identical to those
announced.
On Tuesday, Adam Aircraft announced the appointment of Joe
Walker as President of the Company. Prior to his appointment last
year to Adam Aircraft's Board of Directors, Walker had a
distinguished career with other leading aircraft manufacturers.
Most recently he was Senior Vice President of Worldwide Sales for
Gulfstream Aerospace and Vice President of General Dynamics. He
held senior roles at Gulfstream from 1995 to 2002 as the firm grew
through an Initial Public Offering, and later an acquisition by
General Dynamics. Walker is a multi-engine, instrument rated pilot
and has owned several cabin-class piston twins. He holds a BS in
aeronautical engineering and an MBA.
Astronics Corporation announced Tuesday that its subsidiary,
Luminescent Systems, Inc. (LSI), was awarded the contract to
develop the landing and taxi lighting system for the Hawker
Horizon. Scheduled for first delivery in late 2004, the Hawker
Horizon will be Raytheon's largest business aircraft, with high
cruise speed and intercontinental range. Astronics will use its
metal halide high-intensity discharge (HID) technology in the
landing and taxi light system for the Hawker Horizon.
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