Hobbyists look at land for model aircraft flying park

The group has approached the East Grand Forks City Council in search of an area of city-owned land about the size of a football field that it can use to fly aircraft.

“There’s a lot of people in the community that want us to move ahead here,” said East Grand Forks resident Tom Stennes, who is a member of the group.

The resurgence of RC aircraft comes with the growing presence of the unmanned aircraft industry in nearby Grand Forks, and Stennes said East Grand Forks could benefit from offering a flying field as an amenity.

If a location is found, a flying field would be open to small aircraft, such as radio-controlled airplanes helicopters, and small unmanned aircraft systems, such as quadcopters.

Stennes and Public Works Superintendent Jason Stordahl recently met to discuss possible locations for the park, including on land within Valley Golf Course and another city parcel located just east of Eighth Avenue Northwest.

The city maintains a clay pile on the second site, so it would take some work to make it useable, Stordahl said Wednesday.

Stennes said the area chosen should be fenced off to keep spectators safe. The club and field would follow safety procedures established by the Academy of Model Aeronautics.

Council request

Stennes approached the City Council on Sept. 22 with the flying field request.

Council members posed questions about noise and hazards that could be created by their flight. Others were hesitant to spend money on the project and wanted to see cost estimates for creating the park.

On Sept.

Article source: http://www.grandforksherald.com/news/local/3853382-hobbyists-look-land-model-aircraft-flying-park

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Teens build airplane from scratch

How do you build an airplane from scratch?

You put it together carefully and over a long period of time, according to a group of teens and adults constructing a small plane in a hangar at Brighton Airport, 8664 Hyne Road in Brighton Township.

The teens, some of their parents and mentors with experience building planes are roughly six months into building a RV-12 light-sport aircraft. It is a “kit” plane, which is sold by Van’s Aircraft. The kit includes all the parts and detailed step-by-step instructions. Their guess is that it will take them a year total.

The pressure is on to build it safe to fly.

“Our plan is that people who are helping to build it will eventually at least get to ride in it. Hopefully, some will be able to take flight instruction in it,” hangar owner and BrightonBuildAPlane coordinator Jack Haviland said.

“There are jokes (that) we hope we put it together right,” Haviland said. “But these are safe airplanes. They are constructed very strongly.”

He said a Federal Aviation Administration official would inspect it first, and “before you can take any passengers, you have to fly the airplane for a certain number of hours to make sure all the systems work correctly.”

The local chapter of the Experimental Aircraft Association No. 384

Article source: http://www.livingstondaily.com/story/news/local/community/brighton-township/2015/10/04/teens-build-airplane-scratch/73347956/

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James Rallo, President RSCG of Liquidity Services, Inc. (NASDAQ:LQDT) Just …

James Rallo Insider Sell

President RSCG, James Rallo is the Liquidity Services Inc’s insider which unloaded shares of Liquidity Services Inc, 19,720 to be precise. The sold shares were estimated based on $7.2, with James Rallo’s sale worth $142,576 U.S Dollars. Mr. James currently holds 24,184 shares, accounting for 0.08% of Liquidity Services Inc’s total market cap.

Liquidity Services Inc Sentiment and Fundamentals

Five professional analysts forecast that for the reporting 2015, the earnings of the company are very likely to go up to $0.60 EPS thus giving Liquidity Services Inc year on year growth rate of -21.30%. This gives the Dc-company a P/E ratio of 12.68.

Our experts too rate Liquidity Services Inc’s stock a sell mainly because of our advanced trend following model as depicted on the chart below. Liquidity Services Inc’s stock price has went down 6.54% in the last 200 days and it’s currently in steady downtrend.

Institutional Ownership

Recently released 13F public filings data disclose 129 hedge funds owned Liquidity Services Inc. In Q2 2015, this company had 74.58% institutional ownership. That is a high interest. They increased by 3.15 million the total shares they hold. As of that quarter these owners owned 22.39 million shares. A total of 15 funds closed their positions in Liquidity Services Inc and 41 reduced their holdings. There were 15 funds that created new positions and 55 funds that added to their positions.

Adams Asset Advisors Llc is the most positive institutional investor on Liquidity Services Inc, with

Article source: http://www.financialbio.com/insider-trades/james-rallo-president-rscg-of-liquidity-services-inc-nasdaqlqdt-just-sold-shares-12055.html

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Seeking President, No Experience Necessary

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Article source: http://www.nytimes.com/2015/10/04/opinion/sunday/peter-wehner-seeking-president-no-experience-necessary.html

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Philip Maddocks: Bedlam in Senate as Cruz brings in unsafe model plane



Posted Oct. 2, 2015 at 9:49 AM


Article source: http://www.waynesvilledailyguide.com/article/20151002/NEWS/151009775

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Is Boeing Headed For A Crash Landing?

Summary

Boeing’s record backlog, worth more than five times last year’s sales, looks increasingly fragile given the slowdown in China and the rest of the world.

The backlog’s high mix of replacement demand and geographic diversification, coupled with plunging jet fuel prices boosting airline customer profitability, reduce some of these concerns.

The large commercial aircraft industry has extremely high barriers to entry, requiring decades of time and tens of billions of dollars.

We think the pros outweigh the cons, positioning Boeing very well for long-term dividend growth beyond the 25% raise dividend investors enjoyed earlier this year.

Dividend growth investors should take a close look at Boeing, which has one of the safest and highest-growth potential dividend payments.

Building a large commercial jet is an unbelievable undertaking. While jet orders ebb and flow with the health of the global economy, we believe the long-term demand trajectory is up and to the right, and the jet industry’s competitive dynamics will ensure Boeing (NYSE:BA) remains a key player in the market for decades to come. Despite growing fears over the safety of BA’s backlog in light of heightened global economic uncertainty, BA is a strong company for consideration in our Top 20 Dividend Stocks list.

Business Overview

BA is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. The single biggest exporter and the only large commercial jet manufacturer in the United States, BA supports airlines and U.S.

Article source: http://seekingalpha.com/article/3549586-is-boeing-headed-for-a-crash-landing

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Dassault Falcon 900B

Big cabin, great short-runway performance and long legs. This has been the winning formula for Dassault’s Falcon 900 series for nearly 30 years through multiple upgraded iterations, the latest of which is the $43.3 million 900LX. The Falcon 900’s trijet design lets you get into and out of airports you wouldn’t dare try to use in a comparable twinjet, especially on hot days. Its intelligent, strategically applied combination of fuselage materials—including Kevlar, carbon fiber and titanium—yields a strong tube that weighs thousands, in some cases tens of thousands, of pounds less than other twinjets in its class, thereby delivering superior fuel economy.

Aside from minor changes in engine thrust, newer avionics, digital cabin-entertainment systems and a few hundred miles of additional range, the new 900 you can buy today is pretty much the same as the originals that rolled off the production line in the late 1980s. Thanks to advanced c­omputerized design and ­engineering optimization, the 900 was way ahead of its time then and remains ­relevant today. Dassault also builds fighter jets and some of the thinking behind those found its way onto the 900. One result is its crisp, precise handling, which is a pilot pleaser. Consequently, Dassault has produced more than 500 of the series 900 Falcons since 1986 and they hold their value well (see chart on page 54).

Granted, older aircraft in general require more maintenance and you may spend heavily at first to refurbish them. Unless you’re willing to live with mediocre dispatch reliability, some older

Article source: http://www.bjtonline.com/business-jet-news/dassault-falcon-900b

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