January 15, 2009
By AOPA ePublishing staff
The U.S. House of Representatives has removed a provision requiring the divestiture of private aircraft and imposing limits on future aircraft ownership by businesses receiving federal bailout funds through the Troubled Asset Relief Program (TARP). The amendment striking the language from the bill followed concerns from numerous aviation organizations, the U.S. Chamber of Commerce, and lawmakers from aviation-dependent states, including Kansas. General aviation contributes more than $150 billion to the U.S. economy annually and employs more than 1,265,000 people—jobs and revenue that could be lost if major corporations were forbidden to use GA as a condition of receiving federal relief funds. The full House has yet to vote on the bill.
“While the intent of this specific measure targeted the use of TARP funds, it did not recognize the potential harm to vital services, small businesses and communities that rely on general aviation aircraft every day,” said AOPA President Craig Fuller. “These aircraft serve as a vital link to the air transportation system and we remain concerned about the mis-perception about aircraft and are committed to help lawmakers and the public understand the importance and value of general aviation.”
Nextant Aerospace, adding a remanufactured King Air to its remanufactured Hawker 400 offering, says the King Air (Nextant G90XT) will fly early next year.
Greg Pecoraro, AOPA vice president of airports and state advocacy, brought Indiana aviation community members up to date on the association’s initiatives.
Elbit Systems has upgraded infrared systems that see through darkness and weather for nearly visual landings and takeoffs, as well as taxi operations.
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