AEA Partners with NextGen GA Fund to help Aircraft Owners Finance NextGen Installations

So reads a recent news release from the Aircraft Electronics Association (AEA) dated January 13th, 2014.

The AEA has teamed up with the NextGen GA Fund to accelerate the rollout of NextGen by providing access to quick, affordable financial incentives to aid aircraft owners.

The NextGen Fund will finance NextGen installations, using stipulated equipage families to include WAAS-capable GPS, ADS-B In, ADS-B Out, data communications, SWIM, flat-panel displays, antennas, electronic components, instrument panel modifications, and installation and certification costs.

More information will be available in the coming months detailing how member repair stations, of which Sky Manor Avionics is one, will be able to quickly and seamlessly refer customers to the NextGen GA Fund as a financing alternative to help provide the necessary resources in making important upgrades to your GA aircraft.
So stay tuned for more information.

To read the full news release from the AEA, Click Here.

But what is NextGen and who does it affect?

NextGen is the Next Generation of air traffic control. It is a shift from the traditional ground based system of air traffic control to a Global Positioning System, or satellite, based system. A key component of the NextGen system is a new technology called Automatic Dependant Surveillance-Broadcast (ADS-B), where aircraft equipped with GPS receivers can transmit their location and altitude to other nearby aircraft and to air traffic control.

In essence, NextGen will allow more aircraft to safely fly closer together on more direct routes by eliminating many VORs. An added benefit will be savings in both time and fuel costs. This shift to NextGen does not affect VFR aircraft.

As per an AOPA report, this shift to NextGen will also include the complete overhaul of radar surveillance. Although the FAA does plan to retain primary radar for homeland defense purposes, many of today’s secondary surveillance radars will be shut down in the future.

Information for this report was obtained from:
faa.gov
AOPA Advocacy

For additional information, please contact the Sky Manor Air Repair and Avionics team at:
908-996-0541

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