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October 11, 2012

Sequestration Could 'Devastate' Aerospace Industry

Bell Helicopter CEO John Garrison Expresses Grave Concern About Automatic Budget Cuts

The automatic budget cuts which are scheduled to go into effect in January known as "sequestration" could be devastating to the aerospace industry. That's the forecast from Bell Helicopter CEO John Garrison, who made the remarks Tuesday at the Aviation and Aerospace Industry Manufacturing Summit being held in Fort Worth, TX.

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PS Engineering Offers 'Plug and Play – No Pay' Program

Free Installation On Upgrades From Garmin GMA340 To PMA8000-Series

Aircraft owners with a GMA340 audio selector panel can upgrade to one of the PMA8000 series audio panels without installation labor costs, thanks to the return of the “Plug ‘N Play – No Pay” program announced by PS Engineering at the opening of the AOPA Summit in Palm Springs, CA.

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Classic Aero-TV: Bob 'Mister FBO' Showalter -- Examining The Future Of Aviation

A True Aviation Pioneer Talks About The Future of GA

Even to many who have to compete with him, Bob Showalter is "Mr. FBO." A veteran of decades of service to the GA and BizAv communities, Bob and Showalter Aviation have been working the leading edge of the airport services industry by running Orlando Exec's premier FBO. He's pretty much seen and done it all and served the industry not only at the helm of one of the best FBOs we know, but also through his volunteer efforts on behalf of the industry via a number of positions and with several of the aviation industry's associations. The Showalter family has been serving GA for most of the past century.

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Aspen Avionics Completes $12.8 Million Equity Financing

Adds Two New Board Members To Increase Aerospace Expertise

Aspen Avionics announced the closing of a $12.8 million round of equity financing to support continued product and emerging technologies development on Wednesday. All of Aspen’s previous investors, including Granite Ventures, Sun Mountain Capital, Signal Peak Ventures, EPIC Ventures, Fort Washington Capital Partners and New Mexico Community Capital participated in the round. In addition, an investment group led by Dr. John B. “Jack” Mowell, also injected additional growth capital into the company.

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Jury In Mobile, AL, Finds For Continental Motors

Says Engine Company Not Liable For 2008 Accident In Kentucky

Continental Motors has been found not to be liable for an accident that resulted in the fatal injury of a Louisville, KY man in 2008. A jury in Mobile, AL, where the company is based, determined that the accident was not caused by a manufacturing defect in the crankshaft.

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EASA Promotes The Future Of Safety Oversight

Holds 4th Annual Safety Conference In Cologne, Germany

EASA's 4th annual safety conference, continuing through Thursday, is focusing this year on Performance Based Oversight. More than 300 aviation specialists gathered in Cologne, Germany to consider the future of oversight by regulatory authorities, when Safety Management Systems (SMS) will be fully implemented by organizations in all aviation domains.

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