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☆ How Bombardier is cashing in on business elite's love affair with private jet travel
▼ + stars: | 2024-04-12 | by ( Bob Woods | ) www.cnbc.com time to read: +5 min

They immediately established an ambitious, five-year strategic plan to reposition Bombardier, with a focus squarely on its sturdiest leg: the high-flying business jet and ancillary services industry. Deliveries of business and general aviation aircraft last year topped 4,000 for the first time in more than a decade, the General Aviation Manufacturers Association reported in February. Historically, the business jet market has been cyclical, said Noah Poponak, an analyst for Goldman Sachs, "but it's been hyper-cyclical in the past 20 years." Sales of all business jets were healthy leading into 2020 — and then the Covid pandemic hit. Everyone wanted a business jet and was willing to buy whatever was out there, new or used."

Persons: headwinds, Bombardier's, Alain Bellemare, divesting, Éric Martel, Bart Demosky, Demosky, Warren Buffett's Berkshire Hathaway, CFOs, Noah Poponak, Goldman Sachs, Walter Spracklin, Spracklin Organizations: Bombardier, Boeing, Airbus, General Aviation Manufacturers Association, Challenger, Global, Companies, Honeywell, RBC Capital Markets Locations: Montreal, Warren, Covid

☆ Sam Bankman-Fried took 21 private jet trips to and from Washington, and chartered Cessnas to transport Amazon packages to FTX HQ, sources say
▼ + stars: | 2023-09-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

FTX spent $15 million on flights and plane upgrades with a charter airline, a court filing said. Bankman-Fried made 21 trips to or from Washington, DC, on a Learjet 60, a person with direct knowledge told Insider. AdvertisementAdvertisementSam Bankman-Fried and FTX frequently chartered private jets from a Bahamian company called Trans Island Airways (TIA), three people familiar with the matter told Insider. They added that each trip cost between $20,000 and $30,000, which means the Learjet flights alone could cost more than $1 million. AdvertisementAdvertisementProsecutors allege that Bankman-Fried orchestrated a scheme that involved funneling $100 million of FTX funds through executives to politicians .

Persons: FTX, Fried, —, Sam Bankman, Joe Bankman, Jerome Powell, Martin, Ryan Salame, Bankman, Michael Lewis, Lewis, Sam, Ryan, Sam's Organizations: Service, Trans Island Airways, TIA, Amazon, Bombardier Global, Embraer ERJ, Trans, Airways, Prosecutors, Capitol, Yorker, New York Times, Federal, Learjet, Bankman, TIA's, Cessna, Fort, Fort Lauderdale Executive Airport, Twitter Locations: Washington, DC, Florida, Bahamas, Caribbean, New York, Chicago, Fort Lauderdale

☆ What Pan Am flight attendants did next
▼ + stars: | 2023-07-17 | by ( Annita Thomas | ) edition.cnn.com time to read: +13 min

Pan Am has always been synonymous with glamor, and its flight attendants lived their opportunities to the max. Pan Am flight attendants doubled as ambassadors for the airline. Seven former Pan Am flight attendants tell us where they ended up. Memories live on, with many of us becoming members of World Wings International, a non-profit organization of former Pan Am flight attendants. Other former Pan Am flight attendants have unique ways of honoring the airline.

Persons: CNN —, Pan, ”, Camille Lewis, Camille Lewis Camille Lewis's, Camille Lewis’s, Mother Teresa, primatologist Jane Goodall, Michèle Bennett, ‘, Doc ’ Duvalier, Camille, Phillip Keene Phillip Keene, Phillip Keene, Keene, Andrew Eccles, John Gielgud, Tracey Ullman, hairstylist Vidal Sassoon, Huey Lewis, –, “, Buzz Watson, Karren Pope, Onwukwe, Susan L, Taylor, Coretta Scott King, Don King, James Brown, Linda Reynolds, Reynolds, Walter Cronkite, ” Reynolds, Joe, ” Penny Powell Penny Powell, Penny Powell, Powell, Elena Williams Elena Williams, Elena Williams, Williams, John F, Kennedy, Jr, “ I’m Elena Sugarman, ” Annita Thomas Annita Thomas, Annita Stokes Thomas I, jetsetting, I’d, Thomas, Annita Stokes Thomas, William Tolbert, Kurt Strumpf, David Hinson, David Jeffery, Oprah’s, Linda Little Freire, Pan Amer Organizations: CNN, Pan American World Airways, Boeing, Pan, LA, Hollywood, JFK, “ Clippers, JFK Jr, Metropole Hotel, Roberts, Pan Am, “, World Wings, Pan Am Museum Foundation Locations: Rome, Rio, Pakistan, Rio de Janeiro, Nairobi, Caesar’s Beach, Liberia, Saudi Arabia, Haiti, New York, Paris, Los Angeles, California, London, Amsterdam, Switzerland, Italy, Ireland, Dakar, Senegal, La Guardia, Pan, Maryland, Pan Am, Dhahran, Vietnam, Spanish, Chicago, Memphis, Tokyo, West, East Africa, South Georgia, JFK, Narita, Georgia

CNN —The recovery of wreckage from a private plane that crashed Sunday in Virginia, killing all four people onboard, after its pilot became unresponsive is expected to begin Tuesday. The unresponsive aircraft prompted the deployment of six fighter jets as it flew near Washington, DC, officials said. Six F-16s were launched from three bases and raced to intercept the private plane, White House National Security Council Coordinator for Strategic Communications John Kirby said Monday. Investigators are now examining the private plane’s autopilot function in the Virginia crash, a source familiar with the investigation said. Correction: An earlier version of this story gave the wrong source for information about the course taken by the private plane.

Persons: there’s, ” Adam Gerhardt, Gerhardt, John Rumpel, Barbara, Adina Azarian, Aria Azarian, Adina Azarian's, Facebook Rumpel, Rumpel, Jeff Hefner, Strategic Communications John Kirby, Randall K, Payne Stewart, Stewart, ”, Keller Williams, Lakhinder, Azarian, ” “ Adina, ” Keller Williams, Dan Newlin Hefner, Hefner, “, Dan Newlin, ” Hefner, Newlin Organizations: CNN, National Transportation Safety, Cessna, NTSB, Encore Motors, Washington Post, FAA, MacArthur, NORAD, National Security, Strategic Communications, Authorities, Washington, Southwest Airlines, Network, Continental, American Aerospace Defense Command, US Capitol Police Locations: Virginia, Washington, DC, Waynesboro , Virginia, Delaware, East Hampton , New York, Tennessee, Elizabethton , Tennessee, Aberdeen , South Dakota, Florida, Texas, NYC, ” Keller Williams ’, York, Continental US

☆ U.S. FAA, NTSB probe new airline runway incident
▼ + stars: | 2023-03-07 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The National Transportation Safety Board (NTSB) and Federal Aviation Administration (FAA) are investigating a string of recent runway incursions that have attracted national attention. The FAA said the American Airlines flight crew discontinued the landing after the controller advised that the Air Canada aircraft was departing. The aircraft were about 3,100 feet (945 meters) apart when the American Airlines jet began its climb-out, the FAA said. The FAA will hold a March 15 safety summit and is forming a team of experts to review airline safety after several recent near-miss incidents. The FedEx plane had been set to land on a runway on which a Southwest Airlines jet was also cleared to depart.

“The Learjet pilot read back the instructions clearly but began a takeoff roll instead,” the FAA said in a statement. The NTSB says neither airplane was damaged and nobody on board was hurt. The FedEx plane, meanwhile, climbed as its crew aborted their landing to help avoid a collision, the FAA said. Air traffic controllers had “noticed another aircraft crossing the runway in front of the departing jetliner,” the FAA said in a statement. Audio recordings detail swift action by an air traffic controller kept the airplanes from colliding as they drew closer.

☆ Another 'close call': A JetBlue flight landing in Boston had to take 'evasive action' to avoid a private jet that crossed the runway
▼ + stars: | 2023-02-28 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

A JetBlue flight landing at a Massachusetts airport had a "close call" with a private jet, the FAA said. The JetBlue pilot had to take "evasive action" to avoid the private jet on the runway on Monday. "The pilot of the JetBlue aircraft took evasive action and initiated a climb-out as the Learjet crossed the intersection," said the FAA. Two weeks ago, FAA acting administrator Billy Nolen issued a "safety call to action" following recent near-catastrophic "close calls" on runways and other plane incidents. And in February, a landing FedEx plane in Texas had to pull up at the last minute to avoid landing on a Southwest flight that was headed to Cancun.

☆ При посадке в бразильском аэропорту разбился легкий реактивный самолет
▼ + stars: | 2021-04-21 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Во время катастрофы лайнер выполнял тестовый полет после технического обслуживания в аэропорту города Белу-Оризонти. В результате крушения легкого реактивного самолета Learjet 35 при посадке в бразильском аэропорту Пампулья один человек погиб и двое получили травмы. "По данным пожарной службы, погиб 76-летний второй пилот Эустакио Авелар", - приводит РИА Новости слова управляющего аэропортом. Сообщается, что восьмиместное воздушное судно 1976 года выпуска перед крушением выполняло тестовый полет после технического обслуживания в аэропорту города Белу-Оризонти, на борту находились трое: два пилота и пассажир. Первый пилот, 28-летний Габриэль Сантуш Назарет, вертолетом доставлен в больницу в тяжелом состоянии, пассажир, который находился в салоне, отделался ушибами.

Persons: Эустакио Авелар, Габриэль Сантуш Назарет Organizations: РИА Новости, Центр расследования и предотвращения авиационных происшествий Locations: БелуОризонти, Пампулья

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