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BUSINESS
December 8, 2012 | By W.J. Hennigan, Los Angeles Times
Insurance giant American International Group Inc. is in talks to sell a 90% stake in its Century City aircraft-leasing company to Chinese investors. AIG revealed in a statement Friday that talks to sell International Lease Finance Corp. were underway. The New York insurance company has been trying to unload the unit since 2008, when AIG nearly collapsed and was forced to go under government control. The leasing company, better known as ILFC, buys aircraft and rents them to airlines for a fixed period.
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CALIFORNIA | LOCAL
December 21, 2012 | By Robert Faturechi, Los Angeles Times
An audit released Thursday found that Los Angeles County sheriff's managers improperly used department aircraft, including a helicopter ride for a commander's daughter on her way to a retirement party. In another instance, sheriff's officials used a department airplane to fly to Connecticut, costing the county more than $35,000 for a trip that would have been significantly cheaper and probably faster on a commercial flight. But the audit also found no evidence to support other accusations directed against the department's air unit.
CALIFORNIA | LOCAL
December 21, 2009 | By Paul Pringle
Newly released records contradict a finding by the U.S. Forest Service that steep terrain prevented the agency from using aircraft to attack -- and potentially contain -- the Station fire just before it began raging out of control. Experts on Forest Service tactics also dispute the agency's conclusion that helicopters and tanker planes would have been ineffective because the canyon in the Angeles National Forest was too treacherous for ground crews to take advantage of aerial water dumps.
CALIFORNIA | LOCAL
November 11, 2010 | By David S. Cloud and Tony Barboza, Los Angeles Times
Pentagon officials said Wednesday there is no evidence that a mysterious, spiraling vapor trail that was captured on video off the coast of Southern California was generated by anything but an aircraft. The unexplained projectile, spotted just before sunset Monday by a Los Angeles news helicopter, set off a wave of speculation and conspiracy theories about an unexplained missile that even the government didn't know about. The military, however, reported no rocket or missile launches, scheduled or accidental, at the time, and aviation officials said radar did not show any fast-moving, unidentified targets in the area.
CALIFORNIA | LOCAL
May 10, 2010 | By Joel Rubin, Los Angeles Times
Amid the sleek private jets and small propeller planes taking off from a side runway at Long Beach Airport on Sunday, two giant relics from a time long past stood out. On the tarmac sat a pair of World War II-era bombers that were part of a flying history lesson that has been traveling around the country for years and is in Long Beach until Monday, when it heads to Camarillo. The two dozen or so aficionados who turned out on the chilly, overcast morning were a slice of the few hundred people who have come in recent days to climb inside the bomb bays and cockpits of the metal birds.
CALIFORNIA | LOCAL
May 27, 2010 | By Paul Pringle, Los Angeles Times
The head of the U.S. Forest Service told a Senate panel Wednesday that water-dropping helicopters would have been deployed during the critical first night of last summer's disastrous Station blaze if they had been available and that the agency is considering ending its decades-long ban on using federal firefighting aircraft after dark. Under sometimes pointed questioning by Sen. Dianne Feinstein (D-Calif.) and Rep. Adam Schiff (D-Burbank), Forest Service Chief Tom Tidwell also defended the agency's handling of the fire the next morning, when a heavy aerial assault did not begin until several hours after daylight.
BUSINESS
December 30, 1987 | Associated Press
De Havilland Aircraft won't be profitable again for at least two years, say officials of its parent, Boeing Co. The commuter airplane manufacturer had been owned by the Canadian government since 1974 and seemed a bargain at the $112-million price paid by Boeing in January, 1986. Since then, however, Boeing officials say, high production costs at De Havilland have been partly to blame for the parent company's decline in profits.
CALIFORNIA | LOCAL
February 16, 1997
It has been reported recently that the U.S. Navy favors the transfer of the E2-C aircraft squadrons from their present location at the San Diego/Naval Air Station (NAS) Miramar to NAS Lemoore in California's Central Valley, rather than to Point Mugu NAS in Ventura County. As a retired engineer with many years of experience with the Grumman E2 aircraft; as a supporter of the Navy and its mission; as a taxpayer and as a local resident, I would like to explain why basing these squadrons at Point Mugu is a better choice than basing them inland at NAS Lemoore.
BUSINESS
April 11, 1989 | From Times wire services
The Federal Aviation Administration told Congress today that it soon will order more than 160 structural changes in Boeing Co. 727, 737 and 747 planes and more later for other manufacturers to deal with America's aging aircraft. Anthony Broderick, the FAA's associate administrator for regulation and certification, also said his agency hopes by the end of 1990 to have added nearly 1,000 inspectors, bringing its total to nearly 3,000. Broderick testified before a subcommittee of the Senate Commerce, Science and Transportation Committee about steps being taken by the FAA, by airlines and by manufacturers to ensure the safety of older planes.
CALIFORNIA | LOCAL
May 19, 2011 | By Andrew Blankstein and W.J. Hennigan, Los Angeles Times
Three crew members escaped from a civilian refueling aircraft that exploded into flames Wednesday evening during an attempted takeoff at Point Mugu Naval Air Station. The Boeing 707 aircraft was nearly filled to capacity with 150,000 pounds of fuel that stoked intense flames and thick clouds of dark smoke that billowed for miles as firefighters tried to control the blaze, officials said. A base spokesman said the crew members — a pilot, co-pilot and navigator — worked for Omega Aerial Refueling Services, which contracts with the Navy to refuel aircraft.
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