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June 30, 2011

ANN Daily Aero-Briefing: 06.30.11

Obama bashes biz jets again. NBAA responds.
AOPA's spending on lobbying is down from recent norms.
And Congress punts again on FAA authorization.

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FAA: Zenith CH 650 Officially Meets 51% Rule

National Kit Evaluation Team Completes On-Site Evaluation, OK's The Airplane

A five-person FAA National Kit Evaluation Team (NKET) recently concluded a two day visit to Zenith Aircraft Company in Mexico, Missouri.

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ICON Aircraft Closes $25 Million Round Of Investment Capital

U.S., U.K. Venture Investors Helping Move The Airplane To Market

ICON Aircraft announced that it closed a $25 million round of equity funding in June. The round will fund the company through the completion of its ongoing engineering development program, manufacturing setup, and the beginning of production of its A5 amphibious sport plane.

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