Aviation Business Journal Third Quarter 2011 - (Page 5)

Aviation Business Journal Official Publication of the National Air Transportation Association Chairperson D. Todd Duncan President James K. Coyne NATA Alexandria, VA Duncan Aviation - Lincoln Lincoln, NE 3rd Quarter 2011 Issue 3 | Volume 9 “This issue’s cover artwork is symbolic of World Fuel Services Corporation’s three business segments — aviation, marine and land. The blurred effect reinforces the company’s fast-moving pace and rapid growth story,” said a representative from World Fuel Services. Read more about World Fuel Services Corporation starting on page 38. Avoid A Training Credit Crisis By Lindsey C. McFarren A hot topic is the legality of transferring or giving credit for pilot training from one air carrier to another. Here’s an example: The Part 135 air carrier for which you work hires Fred, a Falcon 50 pilot. In fact, you’re going to put him through your company indoctrination class and schedule him for a trip next week. But wait a minute! How much of Fred’s training and checking is really relevant to your operation? 21 Incoming Chairperson James P. Sweeney Fargo Jet Center Fargo, ND Treasurer Robert “Buddy” Stallings , III Immediate Past Chair James P. Miller Nextant Aerospace Cleveland, OH Eastern Aviation Fuels, Inc. New Bern, NC Board of Directors Marian Epps Epps Aviation Atlanta, GA L.J. Aviation Latrobe, PA Key Air Oxford, CT 2011 Air Charter Summit Provides Guidance on Key Issues Alfred G. Peterson Nantucket Memorial Airport Nantucket, MA 32 Edward Kilkeary, Sr. Michael Scheeringa Robert Marinace Signature Flight Support Orlando, FL Mark Willey This year’s Summit included a robust agenda with issues that touched on all facets of the Part 135 and fractional program management communities. Popular sessions featured advice on how to protect your business against clawbacks in bankruptcy proceedings and a forum with the FAA Part 135 Branch where several industry hot topics were discussed, including the transfer of pilot training between operators and the use of iPads by flight crews. Each Summit session is summarized. Bridgeford Flying Service Napa, CA World Fuel Services By Paul Seidenman & David J. Spanovich When World Fuel Services (WFS) Corporation acquired fuel suppliers The Hiller Group, and Western Petroleum Company in 2010, as well as the Ascent Aviation Group in April of this year, the Miami headquartered company raised its bet on the future of general aviation, and especially the world of business aircraft operations. 38 Publisher James K. Coyne Editor Shannon Chambers Editorial Director Eric R. Byer www.justwritesolutions.com Contributing Editors Maryanne Arthur Daniel B. Gurley III Amy Hornaday Linda Pylant Art Direction/Design Laurel Prucha Moran President’s Message Inside Washington By James K. Coyne 7 9 11 15 43 By Eric R. Byer Blue Room Design www.blueroomstudio.com NATA Responds to Obama’s Comments Employee Engagement Advertiser Index Advertising Sales Marshall Boomer The YGS Group Advertising For advertising information, call 800.501.9571 x123 or email marshall.boomer@theYGSgroup.com DISCLAIMER The information in this publication is general in nature, is prepared strictly for informational purposes, and is not intended to serve as legal, accounting, financial, insurance, investment advisory, aviation operation or safety, or other professional advice as to any reader’s particular situation. Readers are encouraged to consult with competent legal, financial, insurance, investment advisory, aviation, and/or other professional advisors concerning specific matters before making any decisions. Statements of fact and opinion are the responsibility of the authors alone and do not imply any opinion on the part of the officers, employees, and/or members of NATA. Publication of any advertisement in this magazine is not an endorsement of the vendors or advertisers nor of the products advertised. COPYRIGHT & TRADEMARK NOTICE © 2011. National Air Transportation Association, Inc. All rights reserved. All articles, stories, and other content (including but not limited to text, graphics, layout, and design) (the “Content”) of this magazine are the intellectual property of NATA and/or of its licensors and are protected by United States copyright, trademark, and other intellectual property laws. No Content may be copied, modified, published, broadcast or otherwise distributed without the prior written permission of NATA or the licensor of such Content. “NATA” and “NATIONAL AIR TRANSPORTATION ASSOCIATION” are registered trademarks of NATA. “AVIATION BUSINESS JOURNAL” are trademarks of NATA. 4226 King Street • Alexandria, VA 22302 800/808-6282 • Fax 703/845-8176 www.nata.aero http://www.justwritesolutions.com http://www.blueroomstudio.com http://www.nata.aero

Table of Contents for the Digital Edition of Aviation Business Journal Third Quarter 2011

Aviation Business Journal Third Quarter 2011

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