Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit in Singapore last week.
Financing, Insurance and Taxes » Aviation Financing
Issues regarding financing of aircraft.
The Royal Bank of Scotland Group has agreed to sell RBS Aviation Capital to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for some $7.3 billion, RBS announced today.
ExecuJet Aviation is offering aircraft buyers a more direct and straightforward way to finance and operate business jets through its relaunched SimplyFly program. The package offers a quick decision on financing and the opportunity to have the aircraft managed.
The only certainty is continued uncertainty when it comes to the outlook for the global economy in 2012. For business aviation at least, it used to be assumed that you had to look only at the state of the world’s major stock markets to assess the market’s prospects. But share price fluctuations tell only a small part of the story these days.
Uncertainty. It’s a word that packs a lot of fear and indecision into four syllables, and one that has continued to burden not only the U.S. economy but that of the world as well.
ExecuJet Aviation is offering aircraft buyers a more direct and straightforward way to finance and operate business jets through its relaunched SimplyFly program. The package offers a quick decision on financing and the opportunity to have the aircraft managed under a five-year lease.
CHC Helicopter and aircraft leasing firm Milestone Aviation Group announced an $80 million contract today for sale-leaseback of five heavy helicopters for transporting offshore oil and gas workers in the UK, Denmark and Falklands. The deal includes the sale-leaseback of two Sikorsky S-92s and three Eurocopter AS332L2s.
Leasing group Milestone Aviation announced today its first deal involving Eurocopter aircraft through an agreement to place four new EC145s with Mexican operator Transportes Aereos Pegaso. The helicopters, which have just been delivered from Eurocopter’s factory in Donauworth, Germany, will be used for a support contract that Pegaso has with Mexican government utility group Comisión Federal de Electricidad.
The European Business Aviation Association (EBAA) has appointed an airline lobbyist as its new leader. Fabio Gamba, most recently deputy secretary general of the Association of European Airlines (AEA), will join the business aviation association as CEO on September 1. EBAA’s current president and CEO, Brian Humphries, will remain as president.
The vision of the satellite-based, data-centric, network-enabled transformation of the ATC system known as the Next Generation Air Transportation System (NextGen) has entered mainstream discourse in the U.S., but so too has the realization of its formidable cost.