Aviation News Journal
If it flies, it's in Aviation News Journal
In part one of our article on assessing your own risk we covered the potential risks facing Commercial Aviation Business and Airport Occupants and how insurance can be used as a way to protect yourself and your business. Now we’re going to look at potential risks for aircraft owners, both private and commercial.
According to a recent Pilatus press release, the 2021 financial year was extremely successful for the company, but also challenging. Despite the difficult circumstances, a new production record of 152 aircraft deliveries was set.
In the last article I wrote for Aviation News Journal (Aviation 101 – The Basics) I used the occasion to review the absolute basics of aviation insurance, what coverages make up a policy, and how there can sometimes be limited insurance choices for the aviation industry. Now, I’d like to take the opportunity to stress the importance of knowing and assessing your risk.
On 4 February, Textron Aviation announced the rollout of the first production unit of the twin-engine, large-utility turboprop, the Cessna SkyCourier, at the company’s manufacturing facility in Wichita.
Twenty years ago, when Concorde was retired, the world became a bigger place. Concorde and the less successful Soviet Tupolev Tu-144, which was retired much earlier, were the world’s only supersonic airliners. With the industry focussed on developing more fuel efficient and environmentally friendly aircraft, a return to supersonic air travel seemed unlikely. However, what if an efficient, environmentally friendly, supersonic aircraft could be built?