Precision Turbines, Inc.
Wed, Aug 15, 2012                                                  Volume 5, Issue 16


ENGINE             TSN          CSN        TSO       REMAINING       STATUS                  

PT6A-28          6294.9       7778       4455.9     ZERO           SALE

PT6A-28          6288.2      7721        2779.2       820           SALE

JT15D-4/4B       6924.2      7124        Zero         3500           For Sale 

Call 561-447-0032 for details on our inventory of serviceable PT6A engines   

*Precision Turbines is an ASR (Authorized Sales Representative) for Sierra Industries and specializes in Citation and King Air Engine retrofits. 


GAMA Issues Second Quarter Shipment Report

GAMA has released the results of the first six months of general aviation industry shipments and billings. Airplane shipments increased 5.9 percent in the first six months of 2012 compared to 2011 while the accompanying value of the airplane deliveries rose 13.2 percent.  Only sales of piston singles showed a slight decline...Read More

Report: American Airlines Merger Action Is Possible In "Weeks"
A decision on whether American Airlines will pursue a merger is expected in a few weeks, the Financial Times reports. The newspaper reported that the airline's CEO said a merger with US Airways could be a smart choice if the circumstances are right...Read More 

IAG Could Acquire Stake In American Airlines
International Airlines Group, the parent company of British Airways, could purchase a stake in American Airlines. "We would consider taking a stake in American Airlines if that is something that American would welcome," an IAG spokeswoman said...Read More

JetBlue Boosted Capacity In July; Traffic Rose 7.1%
JetBlue Airways passenger traffic increased 7.1% in July on a year-over-year basis as the carrier boosted capacity by 5.5% for the month. Load factor also rose, to 87.2% from 85.9% in the same month of last year. Passenger revenue per available seat mile also increased, by 3%, preliminary figures show...Read More

President Of American Airlines Pilots Union Urges Merger
Keith Wilson, the new president of the Allied Pilots Association, says he backs a merger for the carrier. Wilson was appointed president of the pilots union for American Airlines after David Bates resigned last week. "APA is committed to pursuing consolidation as the best path for ensuring a brighter future for American Airlines and the pilots we represent," Wilson said in a letter to pilots.....Read More

Cirrus Aircraft Shipments Jump In Q2, GAMA Says
Cirrus Aircraft's shipments of its planes rose in the second quarter, compared to the first quarter of the year, according to a report by the General Aviation Manufacturers Association. The aircraft manufacturer based in Duluth, Minn., shipped 60 single-engine piston planes in the second quarter, compared to 45 of the planes in the first quarter.......Read More

Florida Plan Fly-A-Thon To Raise Money For Colo. Shooting Victims
Three Florida residents are holding a fly-a-thon to raise money for victims of the recent movie-theater shooting in Aurora, Colo. Retired Marine Corps Col. Jack Howell II, founder and president of Teens-In-Flight, spearheaded the campaign to raise money by flying 1,310 miles from Florida to Colorado. "We are all committed and excited to help the victims and their families in Colorado," Howell said..........Read More
Pentagon Beings Planning For New Air Force One
The Pentagon is looking at plans to replace Air Force One, the presidential jet, sometime after 2020. Air Force One is actually two VC-25A Boeing 747-200B aircraft, which were purchased in 1990. The Pentagon also plans to replace presidential helicopters....Read More


Gogo Upgrades Delta, Virgin America In-Flight Package

In-flight connectivity provider Gogo upgraded its in-flight internet access suite for Delta and Virgin America passengers to include free access to eBay.
"By partnering with eBay, passengers can now shop a wide selection of listings on the site from 35,000 feet," said Ash ElDifrawi, chief marketing officer at Gogo. "eBay joins a growing list of top shopping and e-commerce sites that can be found on Gogo's multimedia platform; all of which can be accessed for free simply by connecting to Gogo and launching your Internet browser."....Read More  


Analysis: AMR Faces Turbulence After Pilots Reject Contract

Members of the union representing American Airlines pilots voted this week to reject the latest contract offer from AMR, the carrier's parent company. The move could slow down the company's bankruptcy proceedings, analysts say. American Airlines and US Airways declined to comment on the matter. Meanwhile, shares of US Airways, a potential merger partner for American, dropped by 2.9% Thursday on the news, analysts say...Read More 


Delta Will Shutter Subsidiary For Regional Carriers
Delta Air Lines is closing a subsidiary that handles ground operations for its regional carriers. Regional Elite Airline Services will cease operations by the end of the year. Regional Elite, based in Minneapolis, was formed in 2009....Read More

Aircraft Shipments Are On The Upswing In 2012, GAMA Says
Aircraft shipments rose 5.9% in the first half of 2012, data from the General Aviation Manufacturers Association show. Deliveries of business jets increased by 13.1% in the first six months of the year, and deliveries of turboprops also improved. "When coupled with the positive trend we are seeing in the used market, we may finally be witnessing the start of our recovery," association President and CEO Pete Bunce said...Read More


Bombardier Reports Q2 Profit Of $182M

Bombardier has reported net income of $182 million for the second quarter. The Canadian aircraft manufacturer is working on bringing its CSeries jet into service by the end of 2013. "The main risk on Bombardier shares is the company's ability to meet its tight development schedule for the CSeries," said Cameron Doerksen, an analyst at National Bank Financial....Read More 


US Airways Says A Merger Would Create Global Competition

US Airways President Scott Kirby disagrees with the conclusion of a recent report on a possible merger between US Airways and American Airlines. Kirby said a merger would create competition, not hinder it. "Today, you have two (U.S.) airlines that serve the frequent flier who travels globally: This merger would create a third competitor," he said...Read More 

15 Business Jets Played A Key Role In Aviation
The first 50 years of business jets included 15 models that contributed a key role to business aviation, this feature says. The models range from the Lockheed Jetstar, introduced in 1961, to the Embraer Phenom 300, which debuted in 2009. Other business jets of note include the Cessna Citation 500/I and the Gulfstream GV...Read More

Security Breach At N.Y. Airport Is Under Investigation
A man on a personal watercraft breached security and swam to John F. Kennedy International Airport in New York after running out of fuel in Jamaica Bay. He climbed a security fence and crossed two runways before being spotted by airline personnel. "We have called for an expedited review of the incident and a complete investigation to determine how Raytheon's perimeter intrusion detection system -- which exceeds federal requirements -- could be improved," said the Port Authority of New York and New Jersey in a statement..Read More

NTSB: Fractured Fan Caused Boeing 787 Engine Failure
The National Transportation Safety Board (NTSB) on Wednesday said that a fractured fan on a mid-shaft lead to the Boeing 787 Dreamliner engine failure during a pre-delivery taxi test in South Carolina last week...Read More

FAA Reportedly Calls For End Of "Opposite-Direction" Operations
The Federal Aviation Administration has halted "opposite-direction" operations for the time being until standard protocols can be established for the procedure. The change in policy stemmed from a July 31 incident in which three regional jetliners were placed on a converging path by air-traffic controllers due to a "miscommunication."....Read More

Business Aviation Is Called "Most Efficient" Way To Travel
Business aviation can help companies compete when time is money, as employees can spend more time being productive and less time at airports. "Business aviation has simply become a way of life for the successful, thriving businesses of today," said Kim Showalter, president of Showalter Flying Service in Florida. "From the boardroom to the accounting department, it's the most efficient business travel alternative available."...Read More
Banyan Air Service Appointed Florida Dealer For Quest Kodiak

Banyan Air Service based at Fort Lauderdale Executive Airport has recently been appointed as a Quest Authorized Sales Center for the Kodiak. Florida is a strong market for the Kodiak for charter operators, small businesses, personal owners, skydiving operations, U.S. and international government, and humanitarian organizations....Read More 

Airlines Are Getting it Right With Fewer Lost Bags, Report Says
Over the past five years, the number of mishandled passenger bags has declined from 18 bags per 1,000 passengers to just under nine. According to a SITA report, 99.1% of travelers retrieved their bags on time....Read More

All contacts, comments, and inquires will be reviewed immediately. You will have a response from our company principal, Robert Spahr, just as soon as feasibly possible.



Inquiries- Phone: 561.447.0032 | Fax: 561.447.0751


For Worldwide Sales contact Robert Bertrand, Bob Clyman or Jeff Raines