Financing, Insurance and Taxes » Aviation Financing

Issues regarding financing of aircraft.

October 13, 2010 - 12:17pm

Tired of lugging around slippery bundles of receipts and having to figure out what they were for and when and where you generated that expense for that painful aspect of business travel, the expense report? Gorilla Expense, a new NBAA exhibitor at Booth No. 4641, has developed software to make the expense process easier.

October 13, 2010 - 8:00am

Contract fueler and trip support specialist Colt International (Booth No. 6237) has made its initial entry into the aviation insurance business with the launch of Colt Risk Management Services (CRMS). Based on its experience working with more than 4,000 flight departments and operators, the company plans to provide custom coverage solutions for any avi­ation company.

September 23, 2010 - 11:32am

The latest business jet market index from UBS Investment Research fell a further 8 percent, to 37, the second consecutive decrease and below the threshold of 50–the median above which a growing market is indicated and below which deterioration is seen. This follows a stable first half, in which the index held at 50–meaning stabilized conditions–for three consecutive surveys.

August 4, 2010 - 12:34pm

Richard Santulli announced today the launch of a new business jet and helicopter leasing company, Milestone Aviation Group, headquartered in Dublin, Ireland. Santulli in the mid-1980s founded fractional share company NetJets, which was sold in 1998 to Warren Buffett’s Berkshire Hathaway. Santulli left that company last year. He is now chairman of Milestone.

May 21, 2010 - 5:56pm

Securus Escrow has been established as a new specialist escrow service aimed at bringing greater piece of mind and transparency to aircraft transactions. The London-based company is supported by aviation law firm Gates & Partners and can provide separate escrow accounts for clients with a leading UK bank.


May 3, 2010 - 4:54am

Barely two years ago prospective business aircraft buyers in Europe were among the most sought-after clients for a banking industry attracted both to the high rates of growth in this market sector and to the exceptional strength of asset values, driven largely by soaring demand and long delivery backlogs.

November 23, 2009 - 10:19am

For the business aviation industry, the past year has been a trying one, to say
the least. Aircraft sales and usage declined steeply as the economic downturn tightened its grip, forcing operators to cope with the new financial realities, and in some cases with disparaging views of the industry.

October 22, 2009 - 10:00am

Global Aerospace has announced its online insurance certificate processing site, www.eCert.global-aero.com. By early 2010, brokers and customers of the Short Hills, N.J.-based company (Booth No. 1845) will be able to issue and print insurance certificates anywhere in the world.

October 20, 2009 - 4:48pm

Capital Aviation (Booth No. 4442) of Bethany, Okla., has gained a supplemental type certificate (STC) for an upgrade of the Challenger 600 series that includes a Universal Avionics Waas-capable flight management system, EFI-890R display upgrade and terrain awareness and warning system (TAWS). The initial upgrade

October 20, 2009 - 3:40pm

Bank of America and Avjet Aviation Services yesterday announced a strategic alliance whereby business jet buyers will receive preferred terms if they finance their airplane through Bank of America and enter into a management agreement with Avjet.

 
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