Search Results for: owner owner

News

LA Flight School Owner Arrested on Visa Fraud Charges

Federal immigration officials on Wednesday arrested a Southern California woman accused of helping foreign nationals fraudulently apply for student visas to attend her Los Angeles-area flight school. Karena Chuang, 28, of Lake Elsinore, California, was charged with allegedly orchestrating a scheme that allowed citizens from Egypt, Sri Lanka and Taiwan to enter the U.S. for […]

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News

FAA Issues Policy on Airport Homes: Win for Owners

The FAA last week decided to grandfather in existing airport access to residents of hangar homes so long as the airport develops a security plan for that access. The policy on so-called “through-the-fence” agreements continues to oppose new access at airports that receive federal funds, though the agency takes no stance on airports that are […]

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Aircraft

New Owners for Cirrus

In a phone call to Flying, Cirrus Aircraft president Brent Wouters said that the deal would give Chinese firm China Aviation Industry General Aircraft Company (CAIGA) 100 percent ownership of Cirrus. Financial details of the merger weren’t immediately released pending notification of shareholders. The deal is subject to regulatory approval and would take effect, Wouters […]

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Aircraft

More Pain for OurPLANE ‘Owners’

It might have seemed like a small semantic point at the time, but customers of OurPLANE are finding out that the planes were never really “theirs” after all. According to the contracts, the titles to the Cirrus SR22s in the program were held by the company, and when it liquidated last week, the “owners” joined […]

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Aircraft

Cessna Assumes Full Ownership of CitationAir

CitationAir (nee CitationShares) is now a wholly owned entity of Cessna Aircraft. The manufacturer recently acquired the final 8 percent of the financial interest. The program began in 2000 as a fractional share company, half owned by Cessna and half by TAG Aviation. In the years since, the program has grown and evolved to include […]

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Aircraft

Cirrus Owners Group to Gather in Dayton

For the first time since it began seven years ago, the annual “migration” of Cirrus owners will not flock to Duluth, Minnesota, but rather to Dayton, Ohio next June 17-20. Curtis Sanford, president of the Cirrus Owners and Pilots Association said the group is moving from the place “where two brothers brought a new generation […]

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General

Shared Ownership

While the economic downturn was devastating to aircraft manufacturers and their suppliers, there was one segment of the industry, shared ownership, that saw its business hold the line and even, in some cases, expand. Downturns often create business opportunities for companies that exist outside the core of an industry. And with shared ownership, the appeal […]

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News

This Month’s NBAA Convention Addresses Owner/Pilots

When the National Business Aviation Association convenes for its 62nd annual meeting later this month, the subject of owner-flown business aircraft will have a prominent spot on the agenda. A dedicated show for light business aircraft (LBA) scheduled for last March was shelved due to the economic downturn, but this year’s main convention (Oct. 20-22 […]

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Aircraft

Can LSA Owners Partner?

Each month, Flying answers questions about the new sport pilot/light sport aircraft rule with assistance from the Experimental Aircraft Association (EAA), the authority on the opportunities available within the category commonly known as “sport pilot”: Q: My partner and I own an E-LSA (experimental light sport aircraft). Can we both receive the training and be […]

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News

Citation Owner-pilots Meet in Aspen

More than 150 people and 40 Cessna Citations gathered in Aspen, Colorado, over Labor Day weekend. The occasion was the first convention of the Citation Jet Pilots Association, primarily representing owner-pilots of Cessna’s line of business jets. John Hayes, who heads the group he founded nearly one year ago, said the event was an opportunity […]

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Pilot in aircraft
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