ACE Aviation Surges on Plan to Shed Assets Dissolve

The News Review:

- ACE Aviation Surges on Plan to Shed Assets Dissolve
- Report of smoke in cabin sends plane back to JFK
- CAE wins contracts for three full-flight simulators and training …
- Could Auto Bailout Bill Hurt Aviation?
- Invest in Aviation Infrastructure Groups Tell Congress …
- Fly Hover and Soar with Helicopters and Planes Galore!
- China Urges Its Airlines to Curb Plane Orders

ACE Aviation Surges on Plan to Shed Assets Dissolve
Bloomberg 
11 (Bloomberg) — ACE Aviation Holdings Inc. the ownerof Air Canada doubled in Toronto trading after saying it willseek approvals to distribute its assets to its shareholders anddissolve the company. ACE?s Class A shares gained C$3.

Report of smoke in cabin sends plane back to JFK
The Associated Press 
Kennedy International Airport shortly after takeoff because of a report of possible smoke in the cabin. Federal Aviation Administration spokeswoman Arlene Salac (SAY’-lack) says San Francisco-bound American Airlines Flight 85 landed without incident around 4 p. She had no further details and airline representatives didn’t immediately return a telephone call. It wasn’t immediately clear how many passengers were on board or whether they have been rerouted onto another plane.

CAE wins contracts for three full-flight simulators and training …
MarketWatch 
Thecontracts are with Saudi Arabian Airlines and the Hua Ou AviationTraining Centre in Beijing China. CAE has announced so far a totalof 26 FFS sales in fiscal year 2009. “CAE’s innovation and flexibility as well as our commitment to workclosely with our customers allows us to find ways to address theirspecific training needs” said Marc Parent CAE’s Executive VicePresident and Chief Operating Officer. “We are uniquely positionedto create value for our customers as we offer the industry’s mostcomprehensive portfolio of simulation products and trainingservices. Saudi Arabian Airlines Saudi Arabian Airlines has ordered two CAE 7000 Series Airbus A320FFSs a CAE Simfinity(TM) Airbus A320 Level 5 flight training device(FTD) and suite of CAE Simfinity Airbus Pilot Transition (APT)trainers and Airbus Competence Training (ACT) classrooms for theA320 A330 and A340 aircraft.
Related from Fathernickthomas: ICF International wins $3.9M in contracts

Could Auto Bailout Bill Hurt Aviation?
ABC News 
Supporters of business aviation have written to lawmakers opposing the legislation because it may include a provision that discourages if not forbids auto executives from using private planes for business. The CEOs of General Motors Chrysler and Ford created a firestorm of anger and controversy when they each.

Invest in Aviation Infrastructure Groups Tell Congress …
MarketWatch 
11 2008 FREDERICK Md. The group of twelve including the Aircraft Owners and Pilots Association told Senate and House leaders that the industry’s proposals would “not only achieve short term economic stimulus goals but would also lead to long-term efficiencies and economic growth. ” The proposals also would improve environmental stewardship. “Very few government investments have the potential to positively influence two policy objectives at the same time. This is an investment we cannot afford to postpone” the aviation industry said in a Dec.

Fly Hover and Soar with Helicopters and Planes Galore!
MarketWatch 
About Academy of Model Aeronautics Founded in 1936 the non-profit Academy of Model Aeronautics is theworld’s largest model aviation association representing a membership of morethan 150000 for the purpose of promotion development educationadvancement and safeguarding of modeling activities. Academy of Model Aeronautics is the voice of its membership providingliaison with the Federal Aviation Administration the Federal CommunicationsCommission and other government agencies. Academy of Model Aeronautics alsoworks with local governments zoning boards and parks departments to promotethe interests of local chartered clubs. Academy of Model Aeronautics seeks to introduce young men and women to theart and craft of aeromodeling. Through an active educational outreach programAcademy of Model Aeronautics supports teachers and community-basedorganizations who wish to infuse topics in math science and technology withaviation activities.

China Urges Its Airlines to Curb Plane Orders
Wall Street Journal 
If enough carriers heed the government’s requests the consequences for Airbus and. could be significant. China has been one of the fastest-growing markets for both plane makers in recent years.

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