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January 14, 2009

ANN Special Feature: EAA President Tom Poberezny - 01.14.09

ANN's Paul Plack talks with Tom Poberezny, President of the Experimental Aircraft Association, about what EAA recently termed a "perfect storm" threatening general aviation in 2009.

More AERO-Casts

Reports: Anti-BizAv TARP Language May Soon Disappear

Hearing On Wednesday To Debate Removal Of Ban On BizJet Ownership

As it turns out, rumors of the death of anti-bizjet language in the Troubled Asset Relief Program reform bill were somewhat exaggerated. However, several Congressional lawmakers remain optimistic that stipulation will be gone when the full bill goes to vote later this week.

Interested Parties Walked Away, Source Says

Well, so much for that. Eclipse Aviation will not go up for public auction Wednesday, after the company failed to attract a single qualified bidder for the troubled planemaker's assets.

Canadian Gov't Will Invest $52 Million To Assist

Esterline CMC Electronics (CMC) tells ANN it will invest $149.4 million in research and development over the next five years, following the Canadian government decision to support a initiative to develop a new commercial avionics and communications platform through a repayable investment for R&D.