Financial

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Signature selling six FBOs to acquire Landmark

Article | Feb 08, 2016

The Department of Justice has approved the sale to Signature Flight Support of Landmark Aviation, if Signature agrees to sell six FBOs at airports where competition might be damaged.

SOLJETS opens brokerage firm

Article | Jan 20, 2016

Chicago-based brokerage firm SOLJETS announced its launch on Jan. 20, stating that its goal is to bring more people into the world of high-performance aircraft ownership.

Mitsui takes ownership stake in Quest Aircraft

Article | Jan 19, 2016

A $10 million investment this month will net Mitsui & Co. a 12.5-percent stake in Quest Aircraft.

Aircraft resale trade group awards scholarships

Article | Jan 19, 2016

Six university students majoring in aviation business- and management-related fields have been named recipients of 2016 scholarships from an aircraft sales and brokerage trade association.

Zenith, Zenair buy SAM Aircraft

Article | Jan 19, 2016

Zenith Aircraft and Zenair announced Jan. 18 that the businesses had purchased SAM Aircraft, maker of the experimental SAM LS.

Flying Musicians Association opens 2016 scholarship

Article | Dec 28, 2015

The Flying Musicians Association has announced its 2016 FMA Solo Program scholarship to help high school musicians and student aviators achieve their goal of solo flight.

Two kit aircraft moving to market

Article | Dec 22, 2015

While the kitplane Merlin promises to drive new airplane costs as low as they can go, the LoCamp kit promises to make flying as fun as it can be.

Club Spotlight

Article | Dec 20, 2015

In 2004, Brian Binnie was at the controls of SpaceShipOne on its second flight to space within a week to win the $10 million Ansari X Prize. About 25 years earlier he learned to fly in gliders with the Soaring Tigers flying club while a student at Princeton University. Today the Soaring Tigers continue to focus on flight training and provide one of the lowest cost points of entry into aviation. Club President David Hunter and Board Member Marty Schneiderman share their experience in this month’s Club Spotlight.

Colorado VFW holiday food, toy drive 'gratifying'

Article | Dec 09, 2015

Pilots delivered more than two tons of food and toys to Veterans of Foreign Wars members during the Colorado Aviation Business Association’s fifth annual holiday charity drive and airlift.

Alaska considers increasing fuel tax

Article | Dec 03, 2015

Because of the dramatically low price of crude oil, Alaska is facing a budget short fall in excess of $3 billion. Consequently, the state government is looking for ways to decrease services or find supplemental streams of revenue.