Audit Assessments To Be Suspended While Guidance Is Developed

The Internal Revenue Service (IRS) announced Thursday that it was suspending tax assessments that could be applied to aircraft management companies during federal excise tax (FET) audits, giving the agency time to work with industry on additional guidance. The move was welcomed by advocacy groups like the NBAA and NATA, which had lobbied the agency for the guidelines.

Will Allow Assembly Of The Bizjets Under A U.S. Certificate

In a ceremony at Embraer Executive Jets’ Melbourne Campus, the FAA presented Embraer a Production Certificate to assemble Phenom 300s in the United States. Previously, Phenom 300 jets assembled in Melbourne have been certified under the FAA type certificate granted to those produced in Brazil.

Adds More Pilots, Names New Chief Pilot

Gulfstream Aerospace Corp. has announced enhancements to its Field and Airborne Support Teams (FAST), the company’s program that helps Gulfstream aircraft operators in aircraft-on-ground (AOG) situations by dispatching technicians and maintenance engineers by airplane, train or automobile.

UH-1H 'Huey' Helicopter Refitted For Fire Suppression

The Travis County (TX) STAR Flight’s aircraft fleet now includes a helicopter that is specially equipped for fighting wildfires, a first for the program and for local and regional flight programs across Texas. “Travis County is the first area in Texas to receive a helicopter that is outfitted for the primary mission of wildfire observation and suppression,” said STAR Flight Director Casey Ping.

Has Delivered Eight Aircraft In Recent Weeks

Bell Helicopter continues to expand its presence in Russia through recent aircraft deliveries, the appointment of a second Independent Representative and through participation at the 6th annual HeliRussia exhibition.

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Joins Lineage 1000, Phenoms At The European Trade Show

Embraer Executive Jets will mark the world debut of its all new, midsize Legacy 500 jet prototype at the 13th European Business Aviation Convention and Exhibition at Geneva Palexpo Exhibition Center, in Switzerland, during May 20-23. The company will also debut the 2013 Edition of its ultra-large Lineage 1000. The entry-level Phenom 100, the Phenom 300 light jet and the large Legacy 650 will be featured in the static display.

National Science Foundation Gulfstream V To Fly In Support Of MPEX Program

To better predict where and when spring thunderstorms rip across Colorado's Front Range and the adjacent Great Plains, researchers have launched a major field project this week with high-flying aircraft and fine-grained computer simulations. The month-long study could point the way to major improvements in lead times for weather forecasts during what has been called a crucial six- to 24-hour window.  

Hours Racked Up By Nearly 1,200 Of The Aircraft Since First Delivery

The global fleet of nearly 1,200 Pilatus PC-12s reached a major milestone this month by accumulating 4,000,000 flight hours since the first aircraft was delivered in October, 1994. To date, the highest time PC-12 has logged over 24,000 hours in operation as an air ambulance with Air Bravo in Ontario, Canada.

Budget Moves Forward Without $2.2 Million Appropriation For The Purchase

The Nebraska legislature has been batting around a $2.2 million budget line item that would have allowed the state government to purchase a Beechcraft super King Air B200 from the University of Nebraska Foundation. But when the last of the bills that make up the state budget was presented last Friday, the money was not included.