AvCraft Aviation
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AvCraft Aviation
AvCraft Technical Services was a Myrtle Beach, South Carolina U.S., based company that supplied maintenance and technical support services for owners/operators of Bombardier Dash 8, ATR 42, ATR 72 and Fairchild Dornier 328 turboprop and jet aircraft. Avcraft operated from a 136,000 sq ft complex of hangars, paint facilities and back shops that provide FAA, EASA and Transport Canada-approved heavy maintenance, as well as structural repairs, modifications and refurbishment. History The company began its life as AvCraft Support Services, Inc., the North American operating subsidiary of Avcraft Inc. The parent company purchased the production rights for the 328JET from the receivers of Fairchild Dornier GmbH in December 2002 following the European company's demise. The final transfers of the type and production certificates were completed in the third quarter of 2003. The company intended to restart 328Jet production in Germany during 2004 and was bringing the production of its w ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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ATR 72
The ATR 72 is a twin-engine turboprop, short-haul regional airliner developed and produced in France and Italy by aircraft manufacturer ATR (french: Avions de transport régional or it, Aerei da Trasporto Regionale), a joint venture formed by French aerospace company Aérospatiale (now Airbus) and Italian aviation conglomerate Aeritalia (now Leonardo S.p.A.). The number "72" in its name is derived from the aircraft's typical standard seating capacity of 72 passengers. During the 1980s, French aerospace company Aérospatiale and Italian aviation conglomerate Aeritalia merged their work on a new generation of regional aircraft. For this purpose, a new jointly owned company was established, ATR, for the purpose of developing, manufacturing, and marketing their first airliner, which was later designated as the ATR 42. On 16 August 1984, the first model of the series, designated as the ATR 42-300, performed the type's maiden flight. During the mid-1980s, the ATR 72 was develope ...
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Farnborough Airshow
The Farnborough Airshow, officially the Farnborough International Airshow, is a trade exhibition for the aerospace and defence industries, where civilian and military aircraft are demonstrated to potential customers and investors. Since its first show in 1948, Farnborough has seen the debut of many famous planes, including the Vickers VC10, Concorde, the Eurofighter, the Airbus A380, and the Lockheed Martin F-35 Lightning II. At the 1958 show, the RAF's Black Arrows executed a 22-plane formation loop, setting a world record. The international trade show is put together every two years by FIL Farnborough International Ltd. and runs for five days. Until 2020, the show ran for a full week with trade visitors attending on the first five days and the weekend reserved for the general public. Programming takes place at the Farnborough Airport, which lies roughly 50 kilometres south-west of London. Status The Farnborough International Airshow is the second-largest show of its kind afte ...
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Regional Airline
A regional airline is a general classification of airline which typically operates scheduled passenger air service, using regional aircraft, between communities lacking sufficient demand or infrastructure to attract mainline flights. In North America, most regional airlines are classified as "fee-for-departure" carriers, operating their revenue flights as codeshare services contracted by one or more major airline partners. A number of regional airlines, particularly in during the 1960s and 1970s, were also known as commuter airlines and classified as such in the Official Airline Guide (OAG). History Background Decades before the advent of jet airliners and high-speed, long-range air service, commercial aviation was structured similarly to rail transport networks. In this era, technological limitations on air navigation and propeller-driven aircraft performance imposed strict constraints on the potential length of each flight; some routes covered less than . As such, ai ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Transport Canada
Transport Canada (french: Transports Canada) is the department within the Government of Canada responsible for developing regulations, policies and services of road, rail, marine and air transportation in Canada. It is part of the Transportation, Infrastructure and Communities (TIC) portfolio. The current Minister of Transport is Omar Alghabra. Transport Canada is headquartered in Ottawa, Ontario. History The Department of Transport was created in 1935 by the government of William Lyon Mackenzie King in recognition of the changing transportation environment in Canada at the time. It merged three departments: the former Department of Railways and Canals, the Department of Marine, and the Civil Aviation Branch of the Department of National Defence (c. 1927 when it replaced the Air Board) under C. D. Howe, who would use the portfolio to rationalize the governance and provision of all forms of transportation (air, water and land). He created a National Harbours Board and Trans-C ...
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European Aviation Safety Agency
The European Union Aviation Safety Agency (EASA) is an agency of the European Union (EU) with responsibility for civil aviation safety. It carries out certification, regulation and standardisation and also performs investigation and monitoring. It collects and analyses safety data, drafts and advises on safety legislation and co-ordinates with similar organisations in other parts of the world. The idea of a European-level aviation safety authority goes back to 1996, but the agency was legally established only in 2002; it began its work in 2003. History Based in Cologne, Germany, the agency was created on 15 July 2002 as the "European Aviation Safety Agency", and reached full functionality in 2008, taking over functions of the Joint Aviation Authorities. It was renamed the "European Union Aviation Safety Agency" in 2018. European Free Trade Association countries participate in the agency. The United Kingdom was a member until the end of the Brexit transition period on 31 Decem ...
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Federal Aviation Administration
The Federal Aviation Administration (FAA) is the largest transportation agency of the U.S. government and regulates all aspects of civil aviation in the country as well as over surrounding international waters. Its powers include air traffic management, certification of personnel and aircraft, setting standards for airports, and protection of U.S. assets during the launch or re-entry of commercial space vehicles. Powers over neighboring international waters were delegated to the FAA by authority of the International Civil Aviation Organization. Created in , the FAA replaced the former Civil Aeronautics Administration (CAA) and later became an agency within the U.S. Department of Transportation. Major functions The FAA's roles include: *Regulating U.S. commercial space transportation *Regulating air navigation facilities' geometric and flight inspection standards *Encouraging and developing civil aeronautics, including new aviation technology *Issuing, suspending, or revoking ...
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Dornier 328
The Dornier 328 is a turboprop-powered commuter airliner. Initially produced by Dornier Luftfahrt GmbH, the firm was acquired in 1996 by Fairchild Aircraft. The resulting firm, named Fairchild-Dornier, manufactured the 328 family in Oberpfaffenhofen, Germany, conducted sales from San Antonio, Texas, United States, and supported the product line from both locations. A jet-powered version of the aircraft, the Fairchild Dornier 328JET, was also produced. Development Origins The Dornier 328 program was initially started while Dornier was still owned by Deutsche Aerospace. According to Deutsche Aerospace program manager Reinhold Birrenbach, the 328 had its origins in market research conducted in and around 1984; feedback from airlines indicated a desire for a fast, quiet, and easy-to-maintain commuter airliner with a 30-seat capacity.Moxon 1991, p. 69. This market research reportedly led Deutsche Aerospace to formulate a sales prediction of 400 or greater units being purchased over ...
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Fairchild Dornier
Fairchild was an American aircraft and aerospace manufacturing company based at various times in Farmingdale, New York; Hagerstown, Maryland; and San Antonio, Texas. History Early aircraft The company was founded by Sherman Fairchild in 1924 as Fairchild Aviation Corporation, based in Farmingdale, and East Farmingdale, New York. It was established as the parent company for Fairchild's many aviation interests. The company produced the first US aircraft to include a fully enclosed cockpit and hydraulic landing gear, the Fairchild FC-1. At some point, it was also known as the Fairchild Aircraft Manufacturing Company. The Fairchild Aircraft Ltd. of Longueuil, Quebec, Canada was an aircraft manufacturer during the period of 1920 to 1950, which served as a subsidiary of the Fairchild company of the United States. The Fairchild Engine Company was formed with the purchase of the Caminez Engine Company in 1925. In 1929, Sherman Fairchild purchased a majority stock interest in Kr ...
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ATR 42
The ATR 42 is a regional airliner produced by Franco-Italian manufacturer ATR, with final assembly in Toulouse, France. On 4 November 1981, the aircraft was launched with ATR, as a joint venture between French Aérospatiale (now Airbus) and Aeritalia (now Leonardo S.p.A.). The ATR 42-300 performed its maiden flight on 16 August 1984 and type certification was granted during September 1985. Launch customer Air Littoral operated its first revenue-earning flight in December of that year. The high-wing airliner is powered by two turboprop engines, Pratt & Whitney Canada PW120s. The number "42" in its name is derived from the aircraft's original standard seating capacity of 42 passengers. Later variants are upgraded with new avionics, a glass cockpit, and newer engine versions. The ATR 42 is the basis for the stretched ATR 72, introduced in October 1989. Development During the 1960s and 1970s, European aircraft manufacturers had, for the most part, undergone considerable c ...
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Aerospace Manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". Market In 2015 the aircraft production was worth US$180.3 Billion: 61% airliners, 14% business and general aviation, 12% Military aircraft, 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $135.1 Bn or $ Bn combined. The global aerospace industry was worth $838 billion in 2017: Aircraft & Engine OEMs rep ...
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