Welcome to GlobalAir.com | 888-236-4309    Please Register or Login
Aviation Articles
Home Aircraft For Sale  | Aviation Directory  |  Airport Resource  |   Blog  | My Flight Department
Aviation Articles

There Must Be A Pony In Here Somewhere

by David Wyndham 31. May 2016 16:35
Share on Facebook

A parent had twin boys. One was a pessimist and the other, an optimist. For their birthdays, dad gave the pessimist-twin a room filled with toys. The pessimist-twin was sad. When asked why, he replied that if he played with the toys, he'd surely break them all. For the optimist-twin, dad gave him a big pile of horse manure. The optimist grabbed a shovel and dove right into the pile exclaiming, "With all this manure, there has to be a pony in here somewhere!"  

Ronald Reagan was fond of this joke. And for the 2016 state of business aviation, I think it might be apropos. Three major new aircraft forecasts, two of which were related in the past month, all point to a healthy business aircraft market for new aircraft over the next decade. The forecasts expect from 7,900 to 8,300 new aircraft deliveries. Growth is expected to be solid in North America as it retains its title as the dominant business aircraft market fro at least 10 more years. But, still there are cracks.

Brian Foley recently released his look at the pre-owned business jet aircraft market. His prediction is for declining activity in the pre-owned market for the next five years. He thinks we have entered a slowdown in the pre-owned market. He's developing a pre-owned forecast model to get to the model and cabin-class level of detail. Lest you forget, Brian's firm, BRIFO, predicted a severe and lengthy downturn in the business jet market in September 2008. He has the input of some significant players in global business investing, so heed his call. 

In two recent events, at one of our Conklin & de Decker seminars, and again at the National Aircraft Finance Association annual meeting, forecasters and financiers were pretty flat on the state of the global economy.  A quarterly survey of leading CFO's by Duke University said these individuals think there is a 31percent chance of a recession in the US by year end 2016. Interestingly, 61% of the firms in the survey expect to increase employment in 2016. Top concerns in the U.S. include economic uncertainty, the cost of benefits, difficulty finding qualified employees and regulatory requirements. Don't forget, every four years, we worry with the uncertainty about the outcome of the Presidential election. Other concerns in the global economy include the price of energy and oil markets, China's slowing economic growth and currency problems,  terrorism in the Middle East, and economic and political turmoil in Brazil. 

Regardless of the forecast and opinions, aircraft will remain a vital tool for communicating and conducting business. You ned to have a plan, and a budget, and keep both up to date. Control what you can: your costs, your mission, your skills. Never miss an opportunity to market the effectiveness of the business aircraft. Buy now if you are in the market to do so. New aircraft manufacturers will be looking to make the year-end targets. As Brian Foley surmised, the pre-owned market will remain soft.  If you are selling, you are fine if you are upgrading. What you may "loose" in the value of your current aircraft will be made up in the value of a larger aircraft. If you are selling, and downgrading, might as well do it sooner rather than later. Don't walk away from qualified offers. Pick your broker carefully. Find one who is making deals and knows the market for your aircraft.  Communicate and listed to your customers. For the flight department, every person on your aircraft is a customer. And everyone in your company is important to your success.  Consider upgrading your aircraft if you are keeping it. Is your aircraft ready for ADS-B?

Last item, got a shovel?

Tags:

David Wyndham | Flight Department | Press Release

Big News from the Flying Musicians

by GlobalAir.com 21. May 2015 14:36
Share on Facebook

Flying Musicians Assn

The Flying Musicians Association is again the proud recipient of a 2015 Wolf Aviation Fund grant to assist in strengthening the bonds between aviation and music in the FMA's programs that enhance outreach and education.

“We have re-focused our efforts of sharing our passions (aviation & music) with others through our outreach to inspire, educate, encourage and now assist youth (& adults) in growing through aviation and music.” Says FMA President/CEO John Zapp.

Since 1992 the Wolf Aviation Fund has awarded special grants for efforts supporting and promoting general aviation. For example, among the more than 350 previous recipients is Sandra Campbell, in flying helmet and goggles, performing for students "Follow Your Dreams," a stage recreation of the exciting story of Bessie Coleman, the first African-American woman to win her wings as an aviator. Another small seed grant to School Superintendent Gordon Schimmel eventually resulted in a million dollar project creating and distributing a wonderful “Inventing Flight” Wright Brothers curriculum with videos and teachers guides to school systems across the United States. Other grants supported community outreach, technological development, airfield preservation, effective networking, organizational development, and inspiring the next generation.

Additionally, the Flying Musicians Association has announced that once again members will be on the ramp at each AOPA Fly-In across the country. FMA encourages all pilot / musicians and friends to participate. “This is about outreach!” says John Zapp, CEO FMA. “We want all who have a love of music to join us as we liven up the ramp while inspiring, encouraging, educating and now assisting folks to grow through aviation and music. Just as a pilot certificate is a certificate to learn, being a musician requires constant learning, practicing and performing. The AOPA Fly-Ins are a wonderful way for members to reunite across the country.”

AOPA Fly-Ins will have something for everyone. Spend a Saturday with AOPA participating in aviation activities, exploring exhibits and seminars, enjoying a couple of meals, music and building relationships.

Look for FMA members set up on the ramp at the following locations:

  • 6/6 Frederick, MD (KFDK),
  • 8/22 Minneapolis, MN (KANE)
  • 9/26 Colorado Springs, CO (KCOS)
  • 10/10 Tullahoma, TN (KTHA)

Visit the FMA website for more information and to contact the FMA coordinator to participate.

About the Flying Musicians Association, Inc:

The Flying Musicians Association (FMA) is a 501(c)3 nonprofit organization of pilots who are musicians, spanning the globe, proficiency levels and genres. The goal is to share our passions in order to inspire, educate, encourage and assist others by creating enthusiasm and promoting personal growth in aviation and music. “Pilot Musicians sharing their passion while encouraging and educating youth (& adults) in the science and art of aeronautics and music.”

Tags: , , , ,

Flying | Airports | News | Press Release

Legendary Designer Burt Rutan Returns to EAA AirVenture Oshkosh in 2015 for VariEze Anniversary

by GlobalAir.com 20. February 2015 09:42
Share on Facebook

All Rutan designs and canard aircraft invited to Oshkosh for VariEze’s 40th

Photo courtesy Scaled Composites

EAA AVIATION CENTER, OSHKOSH, Wisconsin — (February 19, 2015) — Burt Rutan, the visionary aircraft designer whose innovations made history and changed the aviation world, will be back at EAA AirVenture Oshkosh in 2015 to commemorate the 40th anniversary of his iconic VariEze aircraft.

EAA AirVenture Oshkosh 2015, the 63rd annual Experimental Aircraft Association fly-in convention, will be held July 20-26 at Wittman Regional Airport in Oshkosh.

Rutan’s designs have been groundbreaking for more than 40 years, beginning with the VariViggen in the early 1970s through the concepts that became the SpaceShipOne and SpaceShipTwo vehicles that are launching the era of space tourism. His use of canard wings and composite materials changed the look and efficiency of homebuilt aircraft, with more than 1,000 airplanes based on his designs now flying in the U.S. alone.

“There are few individuals in the history of aviation who can match Burt Rutan’s imagination and accomplishments,” said Jack Pelton, EAA chairman of the board. “His presentations are eagerly anticipated whenever he is in Oshkosh. Although he officially ‘retired’ several years ago, his innovative mind continues to push forward with new concepts and ideas that he’ll share at EAA AirVenture in 2015.”

Rutan is perhaps publicly known best for his SpaceShipOne design, which in 2004 won the $10 million Ansari XPRIZE as the first successful private spacecraft. He also designed the Voyager, which in 1986 became the first aircraft to fly around-the-world nonstop on a single tank of fuel. That accomplishment earned him, along with pilots Dick Rutan and Jeana Yeager, the Presidential Citizen’s Medal. Burt Rutan was also named to the National Aviation Hall of Fame in 1995 and EAA Homebuilders Hall of Fame in 1998.

His VariEze aircraft first flew in May 1975, with the prototype causing a sensation at that year’s EAA fly-in. That canard design evolved into other Rutan aircraft innovations, such as the Long-EZ, that are still being built today. Rutan’s multitude of interests has also led him into successfully exploring space flight and into electric flight.

In honor of the VariEze anniversary, EAA is inviting all Rutan and canard aircraft owners to come to Oshkosh and participate in the festivities. More details on specific dates and events will be released as they are finalized.

About EAA AirVenture Oshkosh

EAA AirVenture Oshkosh is “The World’s Greatest Aviation Celebration” and EAA’s yearly membership convention. Additional EAA AirVenture information, including advance ticket and camping purchase, is available online at www.eaa.org/airventure. EAA members receive lowest prices on admission rates. For more information on EAA and its programs, call 1-800-JOIN-EAA (1-800-564-6322) or visit www.eaa.org. Immediate news is available at www.twitter.com/EAA.

Tags: , , , , ,

Aviation History | Aviation Technology | News | Press Release

Aerospace Education Program moves to new headquarters at Bowman Field

by GlobalAir.com 12. February 2015 10:57
Share on Facebook

Louisville, Kentucky - Air+Space Academy, America’s leading provider of aerospace educational programs for students in grades 9-12, is establishing the national headquarters for the program in the Hangar 7 complex at historic Bowman Field. The program was first established in 2010 by educator Dr. Tim Smith as the Kentucky Institute for Aerospace Education and based out of Frankfort. Over the next five years, the program grew and expanded to include more than thirty schools in Kentucky and Tennessee. As the program continued to grow, the need arose for a permanent headquarters to house the program staff, educational and training activities, and aircraft that have been donated to the program.

“We are thrilled with the Hangar 7 property and location,” said Dr. Tim Smith, Executive Director of the program. The location is highly visible and accessible, there is room to grow, and right out our back door we have access to one of the premier general aviation facilities in America. We are excited to bring our program here and to bring new life, energy, and activity to Bowman Field and to the Louisville community. We owe a big thanks to LRAA for making this possible.”

Hangar 7, which was originally housed an Army Reserve Aviation unit, has been empty for a number of years. The structure, which can be accessed from Cannons Lane, has a combination of outdoor, office, and hangar space. While facility is in need of a major renovation, the program is making minor improvements and will operate from the facility while contributions are raised to do a complete makeover and create a 21st century aerospace education facility. It is anticipated that this process will be complete in the next two years.

Originally a regional project, the Air+Space Academy is now offering it program to schools across the country. In a ceremony held February 10th, 2015 at Hangar 7, members of the AOPA executive team and the mayor’s staff will join the board, staff, teachers and students of the program to officially kick off and celebrate this nationwide initiative. The program is nationally recognized as one of the most effective tools for teaching skills in Science, Technology, Engineering, and Math and producing career and college ready graduates.

Hangar 7 will serve students, teachers, administrators, and instructors from the program on a local, regional,and national level. Participants from all around the country will come to Louisville and Bowman Field to participate in training programs, competitions, aircraft maintenance and restoration, simulator flights, satellites launches, flight training, summer camps, as well as day to day after school programs for students in the local area.

National Air+Space Education Institute is a 501(c) 3 non-profit educational organization based in Louisville, Kentucky and is the nation’s leading provider of aerospace education programs for students grades 9-12 that develop and promote study and proficiency in the STEM subjects, produces college and career ready graduates, and is training the next generation of aerospace professionals. Their new website is in development at www.airandspace-ed.org.

Editor's Note: Welcome to the neighborhood!

Tags: , , , ,

Aviation History | Airports | News | Press Release

EAA AirVenture Oshkosh 2015 to Host Word-Record Skydiving Attempts During Afternoon Air Shows

by GlobalAir.com 23. January 2015 09:50
Share on Facebook

Skydiving Hall of Fame to organize international teams of expert jumpers

Skydiver courtesy cristinasz @ Morguefile

Photo courtesy cristinasz@Morguefile

EAA AVIATION CENTER, OSHKOSH, Wisconsin - A world-record skydive attempt will be part of EAA AirVenture Oshkosh 2015, with an international team of top skydivers aiming to make history at The World’s Greatest Aviation Celebration. EAA AirVenture Oshkosh 2015 is July 20-26 at Wittman Regional Airport in Oshkosh, Wisconsin.

The Skydiving Hall of Fame based in Fredericksburg, Virginia, will organize the 108-person jump team for the record attempts sanctioned by the Federation Aeronautique Internationale (FAI), which is the official organization that maintains the world’s aviation-related records. The teams will practice and prepare with record attempts at Skydive Chicago in Ottawa, Illinois, before the scheduled record attempts on July 22 and 24 at Oshkosh (weather and conditions permitting).

“Skydivers have been part of the EAA AirVenture air show for decades, but the opportunity to have a world-record attempt at Oshkosh is something unprecedented here, and very exciting,” said Rick Larsen, EAA’s vice president of communities and member programs, who leads the AirVenture event organizing team. “The Skydiving Hall of Fame is bringing the best of the best in their community to Oshkosh, matching the standard of performers that have made the AirVenture air show a true all-star event.”

The Skydiving Hall of Fame team, known as the Eagles, will jump from as high as 20,000 feet from its Short SC.7 Skyvan and deHavilland DHC-6 Twin Otters to begin their record attempts. Any record would then be confirmed by FAI and its U.S. representative, the National Aeronautic Association (NAA).

“These seasoned skydivers, who are among the best in the world, face enormous challenges,” said James F. (Curt) Curtis, president and CEO of the Skydiving Museum & Skydiving Hall of Fame. “To achieve an FAI world record while performing a high-profile professional exhibition requires extraordinary skill, talent and focus. But the opportunity to attempt this at Oshkosh during AirVenture week is a unique moment for our community.”

About the Skydiving Museum & Skydiving Hall of Fame

The purpose of the Skydiving Museum is to recognize and promote the sport of skydiving through public education and awareness; recognize the contribution to skydiving by its participants, suppliers and supporters; capture forever the history of the sport via its events, equipment and personalities; and enhance aviation safety. Established by the Museum in 2010, the Skydiving Hall of Fame recognizes and honors those who, through leadership, innovations and/or outstanding achievements have defined, promoted, inspired and advanced skydiving at the highest and sustained levels in the past present, and for future generations of skydivers. More information on the museum and its programs is available at skydivingmuseum.org.

About EAA AirVenture Oshkosh

EAA AirVenture Oshkosh is “The World’s Greatest Aviation Celebration” and EAA’s yearly membership convention. Additional EAA AirVenture information, including advance ticket and camping purchase, is available online at www.airventure.org. EAA members receive lowest prices on admission rates. For more information on EAA and its programs, call 1-800-JOIN-EAA (1-800-564-6322) or visit www.eaa.org. Immediate news is available at www.twitter.com/EAAupdate.

Tags: , , , , , ,

Aviation History | Flying | News | Press Release



Archive



GlobalAir.com on Twitter