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November 22, 2011

Eurocopter Expands Into South West China

Signs Purchase Agreement With Xilin Fengteng

Eurocopter has made its first inroads into the South Western region of China with a landmark agreement signed with Xilin Fengteng for the sale of two helicopters – one EC120 B and one EC135 – for use in multiple general aviation missions.

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Aero-TV: Sandel Avionics -- WireWatch Protection Joins HeliTAWS

Intriguing Efforts Help Protect Helos From Wire-Strikes and Collisions

We are always intrigued by new and innovative technologies designed to protect aviators from some of the hazards that may befall us... and a new effort from Sandel seems to be one to watch. Several months ago, Sandel Avionics showed ANN a new adaptive wire-strike avoidance feature called WireWatch, which will be implemented through the company's advanced ST3400H HeliTAWS terrain avoidance system. Comprising a detailed database and a proactive alerting capability, WireWatch can enhance the operational safety that HeliTAWS brings to the cockpit by helping helicopter pilots avoid transmission line

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NetJets Sues IRS Over $643 Million In Back Taxes

Assessment Called Improper Application Of Commercial Tax

Billionaire investor Warren Buffet recently complained that his secretary pays a higher income tax rate than he does. The IRS responded with increased attention on Buffett's investment firm, Berkshire Hathaway, and decided it does indeed owe some back taxes. Berkshire's NetJets subsidiary has been assessed $643 million in back taxes, and NetJets has now responded with a lawsuit against the IRS, claiming the assessment is "illegal."

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