International aviation services company Jet Aviation has reported record revenues of SFr 841 million ($500 million) for last year, and record operating profits of SFr58 million. All lines of business and geographic regions showed improved performance compared to 1999.
Source: Flight International
US firm Sierra Nevada (SNC) has been awarded a $170 million contract to deliver two Rapcon-X surveillance aircraft to the Finnish Border Guard.
Turkish business jet charter company Air Sapphire has been heavily fined by the US government for flying a Gulfstream GIV to Russia without authorisation.
The Federal Aviation Administration has ordered inspections of the Gulfstream G500 and G600 fleet in response to a “quality escape” involving improperly installed engine-mounting hardware.
