Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Burlington International Airport-based FBO, MRO, and business aircraft management company Heritage Aviation has converted to a Vermont Benefit Corporation, which requires it to consider social responsibility to employees, the environment, and its communities, in addition to financial accountability to shareholders. “Becoming a Benefit Corporation was a natural step for us,” said Heritage Aviation president Dave Stiller. “It aligns with our commitment to frame profitability and social impact as complementary, rather than conflicting, goals.”

 


It started down this path in 2016, when Heritage Aviation enacted an employee stock ownership plan that converted the company to 100 percent employee ownership. The company currently has 65 workers at its Burlington facility.

 


To help meet its environmental commitment, this month the company launched Heritage Green, which allows customers to offset carbon emissions from jet fuel purchases through a partnership with Vermont-based NativeEnergy. Proceeds from this program will help fund the Honduras Clean Water Project, it said.

 


“Making business decisions that give weight to both profit and social impact has made us a more successful company because it has made us a more meaningful organization to our customers, vendors, employees, and community,” said Stiller. “The conversion to a Benefit Corporation is not only about what we have done, but it’s also about directing our path forward.”

New developments at FBOs including regulations and noise issues; legal disputes; openings, acquisitions and mergers.

Heritage Aviation Achieves Benefit Corp. Status

Heritage Aviation has converted to a Vermont Benefit Corp., which requires it to consider social responsibility to employees, environment, and community.

2024 Corporate Aviation Leadership Summit

Curt Epstein

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Company won an RFP at Central Wyoming Airport

California FBO Five Rivers Expands Footprint to Wyoming

The 26,510 sq ft of space brings the facility to more than 100,000 sq ft of hangars

Northern California FBO Expands with Hangar Purchase

Facility is company’s first in the Kingdom, with more on the way

Universal Aviation Begins Operations in Saudi Arabia

It will join the company’s location at Nashville International Airport

Atlantic Aviation Starts Work on Second Nashville FBO

KKR purchased the FBO chain in 2021

Apollo Funds Acquires Major Stake in Atlantic Aviation

Spring City Aviation now has four FBOs in the Badger State

Wisconsin FBO Chain Expands with Janesville Purchase

Work will begin on the Boulder City facility by the end of the year

Developer Gets Lease for Vegas-area Hangar Complex

The facility pays tribute to the airfield’s WWII service

Pilot Steps In To Operate Kansas FBO

More In FBOs