Plane owners grounded by manufacturer bankruptcy

The News Review:

- Plane owners grounded by manufacturer bankruptcy
- ‘Black Box’ as Safety Device
- SAE Institute Aircraft Maintenance Certification Program Receives …

Plane owners grounded by manufacturer bankruptcy
The Associated Press 
(AP) — It’s a buyer’s nightmare: Plunk down more than $1 million for a new twin-engine airplane and after it finally arrives the manufacturer goes out of business. That’s the scenario facing a handful of people across the country and even New Mexico’s state police all caught in the debris of a startup aircraft company’s collapse. They’re owners of what the aviation industry calls “orphan” planes: There’s no warranty on their new aircraft and no factory to easily supply spare parts. The owners’ predicament emerged after Englewood Colo. -based Adam Aircraft closed its doors and filed for bankruptcy earlier this year after failing to secure tens of millions of dollars in financing in the nation’s credit-strapped economy. The company’s assets have been liquidated. Without support from a manufacturer “then eventually the parts will become time limited and the aircraft will become grounded.

‘Black Box’ as Safety Device
New York Times United States 
Poole said subtle irregularities in piloting or maintenance could for example burn more fuel. “I don’t care what business you’re in if you have a device measuring the performance of your business you should look at the data proactively to run a better business. ”In the United States more than 70 airlines have signed agreements with the Federal Aviation Administration to participate in the Aviation Safety Action Program known by the acronym ASAP. The pilots receive immunity from disciplinary action if they report their mistakes. But some airlines have dropped out of the program which Robert A. Sturgell the acting administrator of the.

SAE Institute Aircraft Maintenance Certification Program Receives …
MarketWatch 
15 2008 WARRENDALE Pa. The SAE Institute is an affiliate of SAE International. Training can be time-customized for organizations offered in one- two -or three-day segments. “We are pleased to have FAA acceptance of this important preparation and refresher course” Brian Finnegan Director SAE Institute Professional Certification Program said.
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