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February 23, 2006

Mitsui Bussan Aerospace Signs Contract For 12 AW139s

AgustaWestland announced that Mitsui Bussan Aerospace of Japan has signed a contract, valued at approximately $100 million, for 12 AW139 helicopters -- as well as an exclusive distributor agreement for the AW139 in Japan.

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Buying Or Selling A Large Aircraft? Prepare To Jump Through Another Hoop

Cape Town Convention Goes Into Effect March 1

Are you getting ready to buy or sell an aircraft? Starting March 1, 2006, you'll have to comply with a new international treaty if that aircraft has eight or more seats, or if it's a helicopter with five or more seats and with engines rated at 550 horsepower or more.

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Aspen Avionics Completes First Round Of New Funding

Also Receives 'Innovate Albuquerque' Award

Upstart avionics design and development company Aspen Avionics announced earlier this week the company recently close a Series A investment round. The company has also received the "Innovate Albuquerque" award from the Greater Albuquerque (NM) Chamber of Commerce.

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Eurocopter SEA Orders Frasca Helicopter FTD

Company's TruFliteH 342 Sim Will Be At Heli-Expo '06

Frasca International announced Wednesday the company was recently awarded a contract with Eurocopter SEA for an EC 120 Helicopter Flight Training Device (FTD).

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Delta AirElite Continues Charter Fleet Expansion

Adds Two New Aircraft To Fleet Of 400+

Even as parent company Delta Air Lines fights its way through bankruptcy, that airline's fractional operator -- Delta AirElite Business Jets -- continues to expand its fleet. Delta AirElite recently announced the addition of two more aircraft to its fleet -- a Citation X and a Learjet 31A.

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