Business and General Aviation Headlines

Global Aerospace recently announced the release of an important enhancement to its online insurance certificate processing portal, eCerts.global-aero.com.
 
Vertcal eCerts offers Global Aerospace's brokers and customers the "unique ability to issue and print their own certificates of insurance on vertical General Aviation policies where Global Aerospace is the lead market. This secure online site will provide 24/7 access to key documents regardless of how many coinsurers participate on a policy."
 

Global Aerospace, Inc. announced a partnership with the Kansas City Business Aviation Association (KCBAA) to offer a Human Factors and Leadership in Corporate Aviation Seminar on September 29th, 2011.

NetJets, the private business jet operator of Warren Buffett's Omaha, Neb.-based Berkshire Hathaway Inc., is buying Marquis Jet of New York for an undisclosed sum, according to an AP report on BusinessWeek.com.

Marquis was founded in 2001 to offer smaller fractions of jet ownership than NetJets would sell. The company sells cards that offer 25 hours of flight time on NetJets planes; the smallest share NetJets offered included 50 hours of flight time annually. 

Atlas Air Worldwide Holdings Inc. (AAWW), a leading global provider of air cargo assets and outsourced aircraft operating solutions, on Nov. 1 announced sharply higher revenues and earnings for the third quarter of 2010, according to a press release posted on MarketWatch.com.

Swift Enterprises has agreed for Purdue University researchers to test the company's renewable, unleaded general aviation fuel in various projects. According to mfrtech.com, Purdue University has conducted tests of SwiftFuel in six aviation piston engines provided by the National Test Facility for Fuels and Propulsion (NaTeF), a research facility housed in the university's Department of Aviation Technology.

The manufacturer of the SJ30 light business jet has filed in the U.S. Bankruptcy Court in Delaware for Chapter 11 bankruptcy protection from creditors.

Detroit general-aviation field Coleman A. Young Municipal Airport has seen a sharp rise in traffic following the beginning of an improvement program by the city and replacement of the airport's former aviation service provider by another which has set much lower ramp fees and lower fuel prices.

The National Business Aviation Association (NBAA) and the Asian Business Aviation Association (AsBAA) are to reintroduce the Asian Business Aviation Conference & Exhibition (ABACE) annually from 2012.

Bombardier's high-end Global 7000 and Global 8000 business jets will cost the company more than $1 billion to develop, Bombardier Aerospace president Guy Hachey told analysts at the National Business Aviation Association (NBAA) convention in Atlanta on October 19. The development cost of the two new jets, which Bombardier announced last weekend before the NBAA convention began, is mugh higher than the $300 million to $500 million which analysts had expected.

NetJets, Inc., the world's largest fractional-ownership business jet operator, has ordered 50 Embraer Phenom 300 light executive jets and taken options on 75 more.