National Business Aviation Association (NBAA) President and CEO Ed Bolen today submitted a statement to a House Aviation Subcommittee hearing on U.S. aviation manufacturing challenges. The written statement emphasized that certifications and approvals are fundamental to all aviation segments, and that further improvements are needed to support business aviation’s environmental, economic and safety concerns.
The Air Charter Safety Foundation (ACSF) is pleased to announce that AvJet Corporation, Burbank, Calif., is the newest company to join the ACSF. Along with 117 other companies, AvJet supports the ACSF’s vision to enable on-demand air charter providers and fractional program managers to achieve the highest levels of safety in the aviation industry.
Matt Guthmiller isn’t a typical college student. The incoming sophomore at MIT just set a new world record. As of last night, July 14, 2014, the 19-year old became the youngest person to fly solo around the world.
World Fuel Services Corporation announced today that it has signed a definitive agreement to acquire Colt International, LLC, a leading provider of contract fuel and international trip planning services in the general aviation marketplace, for a purchase price of approximately $63 million. The purchase price will be funded through cash-on-hand and the company’s existing credit facilities.
Business Spotlight: Sanctuary Executive Driving Service Brings Secure Ground Transportation to the Washington DC Region
Sanctuary Executive Driving Service is a concierge sedan service that caters to VIPs in the Washington DC region. Executive sedans are a common service associated with private air travel, but are typically viewed as a luxury item rather than a necessary security measure. VIPs are often required to utilize a private jet for security reasons as commercial airlines are not equipped to provide the level of security required. In the same vein, Sanctuary Executive Driving Service was created on the premise that VIPs need more security than commercial ground transportation can provide.
By John L. Enticknap and Ron R. Jackson, Aviation Business Strategies Group - ABSGgroup.com
Welcome to our blog series on FBO Best Practices. With each blog post in this series, we’ll discuss “Best Practices” in running an efficient and effective FBO operation.
Best Practice #5: Your lease is your leverage and the cornerstone of your enterprise. Don’t wait until your lease is ready to expire to develop favorable terms.
We’re often asked at our NATA FBO Success Seminars, “When is a good time to negotiate a new lease with the airport?” Having worked with many FBOs in restructuring their leases, we can say unequivocally the answer is simple: anytime.