Project Capital acquires BAA USA
BAA USA, developer of the AIRMALL®, an airport concessions provider in North America, was recently acquired by Prospect Capital Corporation, an investment company based in New York City. Prospect Capital Corporation purchased BAA USA from its previous owners, BAA Ltd., in a transaction completed on July 30. BAA USA will now be known as AIRMALL® USA, Inc.
AIRMALL USA remains the manager and developer of retail, food, and beverage concessions at Pittsburgh Int’l Airport, Boston Logan Int’l Airport, Baltimore/Washington Int’l Thurgood Marshall Airport, and Cleveland Hopkins Int’l Airport. The company’s headquarters will remain in Pittsburgh.
EPA clarifies its position on 100ll
The Environmental Protection Agency at EAA AirVenture 2010 tells aviation officials that its recent advanced notice of proposed rulemaking (ANPRM) was an information gathering exercise, and reports that the agency has not established or proposed any deadline for banning the use of lead in 100LL avgas. EPA’s remarks came in response to concerns expressed by four aviation groups. The agency also says it does not have the authority to regulate aviation fuels, which is the responsibility of FAA.
FAA Funding - another continuing resolution
Congress approves legislation that extends FAA’s operating authority through Sept. 30, while also introducing new pilot safety rules. It is the 15th extension for the FAA since full authorization expired in 2007. House lawmakers chose to split off pilot safety provisions that the families of victims of the Colgan Air crash in Buffalo in 2009 lobbied for. The safety provision covers minimum flight hours, flight and duty time, and pilot training.
ACC — Airport Consultants Council presents its annual ACC Agency Best Practices Award to the FAA in recognition of its effective and efficient distribution of $1.1 billion in grant funding under the American Recovery and Reinvestment Act (ARRA).
ACI World — based in Geneva reports that passenger demand brought 8 percent traffic growth in June 2010 compared to June 2009 for airlines globally. North America saw a 4.4 percent decline, year over year.
ACPA — American Concrete Pavement Assn. of Skokie, IL develops an online tool for viewing and assessing the condition of more than 275 concrete overlay projects throughout the U.S. The National Concrete Overlay Explorer [http://overlays.acpa.org] provides details about the six types of concrete overlays. Information is organized geographically as well as by applications, including airports.
ACSF — Air Charter Safety Foundation of Alexandria, VA names Bryan Burns as the foundation’s new executive director. Burns takes over for Jacqueline Rosser, who has resumed her full-time duties as the National Air Transportation Assn.’s director of regulatory affairs. Burns has 28 years of experience in the fixed base operator industry, including positions with Signature Flight Support and Jackson Hole Aviation, among others.
Aires S.A. — the second largest air carrier in Colombia, selects JFK Int’l Airport Terminal 4 as its home for the carrier’s expanded U.S. service, offering direct, non-stop flights between Bogota and New York City. Aires made its U.S. debut last December with service to Fort Lauderdale-Hollywood Int’l Airport.
Airport Terminal Services — of St. Louis announces the purchase of Wing Tips Inc., a Calgary Int’l Airport-based airline service provider, effective August 16.
American Eagle Airlines — the regional affiliate of American Airlines, increases nonstop service between Miami Int’l Airport (MIA) and ten cities, beginning Nov. 18.
AOPA, NBAA — at EAA AirVenture in Oshkosh, WI unveil six forums that will be presented as the Light Business Airplane Conference at both the NBAA Annual Meeting and Convention October 19-21 in Atlanta and the AOPA Aviation Summit November 11-13 in Long Beach, CA. Six courses include: How to Use General Aviation for Business Purposes; Tax Benefits of Aircraft Ownership; Single Pilot: Safely; Getting Reimbursed for Flights: What Do the FARs Say?; an Insurance Panel; and Moving Up to a Turbine Aircraft.
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