RIP Piper Jet?

Another very light jet – the Piper Altaire – has hit financial turbulence before coming to market, and the development program has been suspended, despite the first aircraft flying and certification less than 2 years away.  A single engine jet with higher...

Even more taxes?

Yes its true.  The Obama Administration’s proposed tripling of the passenger security tax is on the table.  Will Congress go along? After all there is a real need to cut the deficit. As one can imagine this new tax is not going over well – the ATA is reacting by...

IATA’s Airline Monitor for August/September

The second quarter earnings reports from 54 airlines confirms aggregate profits declined year-on-year in every region with the exception of Europe—for the first time in eight quarters.  As pointed out by an IATA spokesman,  “A tough environment getting tougher;...