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February 6, 2008
Cessna goes for long haul
Cessna Aircraft , a subsidiary of Textron of the US...expected to total around $780m. Cessna said it was aiming for first flight...deliveries to start in 2014. The aircraft maker has selected Pratt & Whitney...contract for the new generation PW800 series of jet engines producing up to 10,000lbs...corporate and the regional jet markets. Cessna is the biggest maker of business...to embark on the development of new products, supported crucially by advances made... By Kevin Done in London
April 17, 2008
Mull welcomes launch of seaplane service
...rich but time-poor tourists beyond the central belt of Scotland. The return fare from Glasgow to Mull on the nine-seater Cessna 208 is £179 ($353). The company began regular flights to Oban last year and soon hopes to have up to five seaplanes operating... By Andrew Bolger, Scotland Correspondent
April 17, 2008
Mull welcomes launch of seaplane service
...rich but time-poor tourists beyond the central belt of Scotland. The return fare from Glasgow to Mull on the nine-seater Cessna 208 is £179. The company began regular flights to Oban last year and soon hopes to have up to five seaplanes operating to destinations... By Andrew Bolger, Scotland Correspondent
October 16, 2006
Very light jets: Cessna and Eclipse pave way in aviation goldrush
...technological innovation have created an aircraft, and a sector, with levels of performance...lay out their competing wares, with aircraft ranging from four to eight seats and with...Whitney Canada’s lightweight PW600-series jet engine has been chosen to power...Honda has formed an alliance with Piper Aircraft, giving that manufacturer a stake in...for the $2.25m plane next year. Cessna has 250 orders for the $2.6m Mustang... By Doug Cameron and Rohit Jaggi
May 3, 2008
Pursuits: Flight Test - Stand Out In The Clouds
...controls. Perhaps the next item on Cessna's list of improvements should be pressurisation...But even without that, this is an aircraft that invites a pilot to go places...I'm more comfortable flying this aircraft than I am driving a car." CESSNA 400 How much $620,000 How fast Max...How far Max range at economy cruise (208 knots): 1,250 nautical miles (1... By Rohit Jaggi
October 2, 2006
Eclipse 'very light jet' given approval
...Aviation said its six-seat 500-series aircraft was cleared for sale by the Federal...500 orders for the $1.5m plane. Cessna's rival Mustang aircraft received certification last month...size of the Eclipse order means the aircraft is set to dominate the emerging VLJ... By Doug Cameron in Chicago
October 2, 2006
Eclipse ‘very light’ jet approved
...Aviation said its six-seat 500-series aircraft was cleared for sale by the Federal...500 orders for the $1.5m plane. Cessna’s rival Mustang aircraft received certification last month...size of the Eclipse order means the aircraft is set to dominate the emerging VLJ... By Doug Cameron in Chicago
2:00am
UK banks face Basel pension pressure
...This is the thing that gets me more than anything," says the finance director of one big bank.One proposal in a series of reforms published late last year by the Basel Committee on Banking Supervision means that banks would have to deduct their...relation to market capitalisation means they now have to worry about pensions," says Mr Ralfe.At Lloyds, the pension liability is £22.3bn, relative to a market cap of £35bn. At RBS, pension commitment of £27.7bn now outstrips the market... By Brooke Masters in London
10:39pm
UK banks face Basel pension pressure
...This is the thing that gets me more than anything,” says the finance director of one big bank. One proposal in a series of reforms published late last year by the Basel Committee on Banking Supervision means that banks would have to deduct...relation to market capitalisation means they now have to worry about pensions,” says Mr Ralfe. At Lloyds, the pension liability is £22.3bn, relative to a market cap of £35bn. At RBS, pension commitment of £27.7bn now outstrips the market... By Patrick Jenkins and Brooke Masters in London
2:00am
A European computer visionary
...together different people is the true challenge. It's much more difficult than putting together different technologies or products. I know this is a well-known issue - for sure, I'm not reinventing the wheel here. But human beings have inertia...can be worn on a soldier's wrist in order to keep the hands free and still receive images from drones, or pilotless aircraft. "It is like taking your eyes and putting them in a plane," says Mr Siagri. He also envisages that Eurotech technology... By Richard Milne