The Chapter 11 Sale Process Appears To Have An Early Bidder... Maybe

As we understand it, a 'stalking horse bidder' is the initial bid on a bankrupt company's assets from an interested buyer -- chosen by the bankrupt company. And judging by the questionable history of Icon Aircraft, to date, we are interested in what qualified any company to be preferred by Icon... Be that as it may, the proposed stalking horse bidder, SG Investment America Inc., has been designated to 'set the floor price for the sale of ICON’s assets.' Icon claims that this step is aimed at maximizing value for the company’s stakeholders and facilitating a smooth transition through the bankruptcy process. Hmmmm... ok. 

Forums Grant Inside Peek Into the Most Interesting Career in Experimental Aviation

Legendary, visionary experimental aircraft designer and builder Burt Rutan will be honored with a slate of activities at the EAA's AirVenture 2024, kicking things off with 5 days of themed presentations, airshows, and exhibitions. Starting on Monday, July 22nd, the Theater in the Woods will host a viewing of "Life, The Universe, and Everything Else". Tuesday the 23rd will see the presentation of "50-Year History of Homebuilt Composite Canards" in Forum Pavilion 7, where most of the following will be held. Topics later in the week include "Voyager", "Commercial Space & WingShips - Arrested in Russia, 1993", "Burt's New Designs and his Heroes", and "Why Beech

Private Jet Operator Continues to Build Momentum in a Post-Covid Market

Bombardier lifted the cover on a deal from last December, showing that NetJets bought 12 Challenger 3500 aircraft with an option to one day purchase an eye-popping 232 more. The deal for the firm order sees Bombardier snag about $326.4 million for its troubles, though that would swell to an impressive $6 billion with a couple hundred aircraft added to the ticket. Bombardier is pretty happy to see its 'super midsize' platform find footing in the market, being the newest addition to the corporate family. The first shipments of Challenger 3500s is slated to make its way into customer hands in the second half of 2025. 

State Has its Game Face On for Building New Industry

The Oregon UAS Accelerator, announced the installation of Joseph Wyno as its new executive director, noting that he took office from the interim director on April 15th to train into the role. Wyno will see the state's "only Center of Innovation Excellence dedicated exclusively to unmanned aircraft systems and robotics" through the coming years, drawing on his resume of business and entrepreneurial work in years past. Wyno got his start more than 25 years ago, working his way up to a position as a senior advisor and director for Octane's LaunchPad SBDC Accelerator.

New Order Expands Training Fleet to the Tune of 56 Aircraft

The Leadership in Flight Training, or LIFT Academy, has expanded its training fleet with a recent order with Diamond Aircraft, bringing on 56 new planes. The deal sees LIFT gain 50 new single-engine DA40s, and 6 twin-engine DA42s. The training facility has continued to expand thanks to a steady pipeline of students, some coming in from Republic Airways on one hand, and just as many brought into the industry thanks to record pay for airliners on the other. As such, LIFT has had to stretch operations a bit, bringing in fresh aircraft to take advantage of record attendance. 

From Avionics Installations to 7X Initials, NBAA Partners Offer it All

The National Business Aviation Association announced the lucky batch of scholarship recipients in its 2024 maintenance offerings, granting a variety of courses, classes, and certifications to young members on the upswing. Drawing from a variety of NBAA company members, the scholarships provide useful, accessible education in things that make a direct, easily apparent impact for students breaking into their lifelong career. FlightSafety International handed out a course on line maintenance for the PT6 turboprop, as well as a 5-day class on avionics and a handful of initials for Dassault Falcon maintenance. Gogo Business Aviation gave out a 3-day master tech and install cour

New Facility Adds Even More Stocking Space for 150,000 Part Numbers

Another 180,000 square feet of storage space has opened up in Textron's hands after the grand opening of the company's biggest distribution facility in Wichita, Kansas. The company now has even deeper pockets to draw on when keeping its Beechcraft, Cessna, and Hawker lines going around the world, helping to sustain their mobile service unites and 24/7 1Call AOG support line. It's a daunting task to keep up with the better part of a century's worth of aircraft parts, particularly with so many legacy brands in the company's catalog.

From 2017 (YouTube Version): Takes Advantage Of A New Category Of Aircraft Established By The FAA…

Gyroplanes are among the most misunderstood aircraft, but the recent certification of the factory-built AutoGyro Calidus as a primary category aircraft has gone a long way towards making the public more aware of what the aircraft are, and their capabilities. That is the assessment of Andy Wall, CEO of Autogyro USA, who told ANN's Tom Patton at the Sebring Sport Aviation Expo in January that the company has been inundated with inquires since the certification was granted in December of last year.

'Airplane Bounced Twice On The Grass Runway, Resulting In The Nose Wheel Separating From The Airplane...'

Analysis: The pilot reported, “upon touchdown, the plane jumped back up as I reduced power all the way back.” He said that the airplane bounced twice on the grass runway, resulting in the nose wheel separating from the airplane. Subsequently, the nose landing gear strut dug into the ground, and the airplane nosed over. The airplane’s fuselage, wings, and empennage were substantially damaged.

Aero Linx: JAARS Nearly 1.5 billion people, using more than 5,500 languages, do not have a full Bible in their first language. Many of these people live in the most remote parts of the world, where JAARS is uniquely called and equipped to reach. We work tirelessly to get there—so every person on earth can learn the truth of God’s love, follow Jesus Christ, and make disciples in their own communities.

New Products And Programs From The Leader In Aviation News Online

The Airborne Partnership Initiative, we call it the API, is a plan developed by ANN CEO and Editor-In-Chief, Jim Campbell, to build a synergistic, industry-wide, aviation/aerospace news program. Our aim is to grow this program to include a significant portion, if not a majority, of the aviation world’s pivotal organizations, interests, and viewpoints.

Precision Approach Path Indicator (PAPI) An airport lighting facility, similar to VASI, providing vertical approach slope guidance to aircraft during approach to landing. PAPIs consist of a single row of either two or four lights, normally installed on the left side of the runway, and have an effective visual range of about 5 miles during the day and up to 20 miles at night. PAPIs radiate a directional pattern of high intensity red and white focused light beams which indicate that the pilot is “on path” if the pilot sees an equal number of white lights and red lights, with white to the left of the red; “above path” if the pilot sees more white than red lights; and “below

"Burt is best known to the public for his historic designs of SpaceShipOne, Voyager, and GlobalFlyer, but for EAA members and aviation aficionados, his unique concepts began more than a half-century ago with fiberglass canard aircraft that revolutionized the amateur-built airplane community. Every time Burt joins us at Oshkosh, his presentations draw big audiences that are eager to hear his unique perspectives on flight." Source: Rick Larsen, EAA's vice president of communities and member programs, who coordinates AirVenture features and attractions, commenting on the news that Burt Rutan will be returning to Oshkosh once again...