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February 3 - Silver State Helicopters ceases operations and enteres bankruptcy. At the time of closing Silver State operated 194 helicopters from its 34 flight schools.
May 21 - Serbian Air ForceJ-22 Orao (serial number 25114) attack aircraft from 241.fighter-bomber aviation squadron of 98th Air Base crashed near the village of Baranda. The pilot major Tomas Janik ejected from the plane before it crashed.
September 12 - British charter airlineXL Airways, a subsidiary of the XL Leisure Group, ceases operations with immediate effect, due to a deteriorating financial position. 90,000 Britons holidaying abroad are left stranded. It had been the 3rd largest package holiday group in the UK.
September 14 - Aeroflot Flight 821, operated by Aeroflot Nord, crashed on approach to Perm Airport, killing all 82 passengers and 6 crew. Following the accident and concerns about safety procedures, Aeroflot chief executive Valery Okulov announced it would be stripping Aeroflot-Nord of the right to use the brand name Aeroflot and would be severing all ties between the companies.
September 26 - Yves Rossy, Swiss airline pilot and former fighter pilot, crosses the English Channel with his homemade jet-powered wing strapped on his back.
The Boeing 787's first flight has been delayed by six months to the second quarter of 2008, with initial deliveries to customers expected to begin in early 2009.[6][7][8]
The Airbus A400M is scheduled for July 2008. Flight tests that are due to begin in the spring of 2008.[9]
The Boeing 747-8 is scheduled for the fourth quarter of 2008.[10]