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Rotorcraft
Moody's Downgrades Credit Rating for Helo Operator Erickson
Credit rating agency Moody's downgraded Erickson's $355 million bond debt two full notches to Caa3, assigning it a very high credit risk.
Airlines
IATA Presses Egypt To Release Blocked Airline Revenues
IATA says that Egyptian foreign currency exchange restrictions have resulted in $275 million of airline revenues being trapped in the country.
Regulations and Government
CL604 Charter Copilot Allegedly Tries To Fly Drunk
The pilot was taken into custody, and subsequently fired by his employer.
Charter & Fractional
OneJet Positions for Growth with Fred Reid on Board
Fred Reid brings a mix of business aviation and airline experience to his role as he helps provide guidance on OneJet services.
Unmanned Aerial Vehicles
FAA Issues 76 Waivers as Part 107 Drone Rule Takes Effect
Most of the waivers granted to the Part 107 operating conditions involve night-time flights, said FAA Administrator Michael Huerta.
Aircraft
Embraer Adds Third Prototype to E190-E2 Flight-test Program
Embraer will use four prototypes to complete type certification for the E190-E2 airliner by the end of the first half of 2018.
Aircraft
Falcon 8X Arrives in São Paulo to Make LABACE Debut
Dassault's new Falcon 8X should be ready to enter service in Brazil during the fourth quarter of this year when local type certification is complete.
Aircraft
Bombardier Forecasts Region's Bizjet Demand
In its annual 10-year market forecast, Bombardier sees a demand for nearly 800 bizjets over the next decade in Latin America
Safety
Nall Report: Helicopter Safety Record Mixed
Fatal accidents and fatalities increase for both commercial and non-commercial helicopter operations.
Aircraft
Gulfstream Sees Latin American Uptick Playing to Its Strengths
Gulfstream Aerospace now has around 200 aircraft based across Latin America.
Aircraft
Japan's ANA Grounds Some 787s for Engine Inspections
The carrier cancelled several domestic flights, reportedly due to concern over turbine blade corrosion of the 787's Rolls-Royce engines.
Regulations and Government
Brazilian Bizav Hopes for Rebound as LABACE Numbers Drop
Organizers of the 2016 LABACE show in São Paulo presented some stark statistics on the state of Brazil's business aviation industry.
Regulations and Government
Staffing, Screening Issues Addressed, TSA Tells Airline Pilots
The Transportation Security Administration has plugged staffing gaps that caused long lines at airport security checkpoints this summer.
Airports
Brazilian Airport Projects In Limbo As Economic Downturn Bites
Progress on a number of Brazilian airport projects has slowed, but bizav has benefitted from less competition with airline traffic.
Regulations and Government
FAA Warms To Easier SE-IFR Helo Certification
Industry views this as key to increasing the number of IFR operations and improving safety.
Finance, Taxes, Insurance
USAIG Unveils Safety Program for Small Drone Operators
The initial offering under its new Performance Vector Unmanned program is an online small UAS ground school course provided by Argus Unmanned.
Regulations and Government
U.S. House Rep. LaHood Champions Small Airports
The former Transportation Secretary's Ray LaHood son, Rep. Darin LaHood partners with AOPA on general aviation round table.
Aircraft
Brazil’s LABACE 2016 Show Set To Open in São Paulo
The 13th LABACE show in São Paulo should be an indicator as to whether Brazilian business aviation is turning the corner on its troubles.
Accidents
NTSB Investigating Inflight Collision with Object
The Ameriflight pilot discovered a 12-inch section of the vertical stabilizer missing after an unidentified object struck his airplane.
Airports
Bizav Rises To The Olympic Challenge, But Traffic Breaks No Records
Brazil's business aviation community did a good job of handling traffic associated with Rio de Janeiro's Olympic Games.
Aircraft
Stratasys Rolls Out New 3D Printing Demonstrators
With some input from Boeing, Stratasys's new approaches to 3D printing and additive manufacturing are set to break through the technology's limitations.
Aircraft
Piaggio CEO Steps Down After Pledge On Avanti's Future
The Piaggio board has replaced CEO Carlo Logli on an interim basis with chief operating officer Renato Vaghi.
Aircraft
First LM-100J Commercial Freighter Nears Completion
Lockheed Martin expects to finish assembling the civil variant of the C-130J Hercules in the next few months and to fly the aircraft next year.
Charter & Fractional
NMB Finds Lack of Evidence in Flexjet Union Vote Spat
The decision include a partial dissenting opinion, saying the changing of eight votes would have altered the vote for IBT representation.
Accidents
Hybrid Airship Damaged in Hard Landing on Second Flight
Pilots appeared to lose control of the vehicle as it nose-divd from 100 feet
Airports
City Council Votes To Close Santa Monica Airport
The resolution, passed unanimously at the city council meeting August 23, calls for closing the airport and eliminating its two FBOs.
Airlines
Cost-cutting Drives Record Profits at Qantas
The Transformation Qantas initiative to reduce costs has resulted in an impressive turnaround in the fortunes of the Australian carrier.
Aircraft
TAM AE Pushes Its Expanded Role As Textron's Face In Brazil
A full array of Textron family aircraft is on display at TAM AE's LABACE show exhibit.
Rotorcraft
U.S. Interior Department Awards Contract for Quadcopters
The cabinet-level department will make the small rotary-wing drones available for use by its constituent agencies.
Finance, Taxes, Insurance
JSSI: Worldwide Bizav Use Up Sequentially in 2Q
In its business aviation index for this year's second quarter, the hourly maintenance cost provider examined several flight activity trends.
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