Small Jet Charter

Back in 2003, the SEC filed a complaint against Moller International and Paul S. Moller, for the development and marketing of a Skycar — on January 30, 2012, Moller International began promoting two new Skycar designs for the LSA category. The SEC’s complaint cited “false and misleading statements” Moller used in promotional releases and to solicit “approximately $5.1 million from more than 500 investors.” Moller settled by paying a $50,000 fine and agreeing to a permanent injunction. The latest “LSA” offerings from Moller International, are currently available in brochure form. Specifications for one include a cruise speed of 237 mph — about twice the Light Sport category’s current cruise speed restriction. A practical flying car with every-man usability has so far eluded the public, but we may have already been introduced to a design that shows promise, aside from the Terrafugia Transition roadable aircraft. AVweb’s Glenn Pew takes a look in this week’s video. Click through to view.

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For the past 31 years, the name CubCrafters has been synonymous with Super Cubs. But with its entry a few years ago into the world of Light-Sport Aircraft, its name now is tied to one of the most successful LSAs on the market. Continue Reading »

===> Posted on February 2nd, 2012 by Meg Godlewski. No comments. © GAN 2012.

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About 400 pilots are affected by sweeping layoffs proposed by American Airlines as it tries to emerge from bankruptcy. In a plan unveiled Wednesday, the airline announced it will lay off 13,000 employees, about 15 percent of its workforce, cancel unprofitable routes and retire old inefficient aircraft. “We are going to use the restructuring process to make the necessary changes to meet our challenges head-on and capitalize fully on the solid foundation we’ve put in place,” CEO Thomas Horton said in a letter to employees. The employees have a different take.

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