Bank

June 18, 2013 - 1:05pm

Online air charter broker PrivateFly is expanding its French operation. It hired two operations assistants–Julien Molinet, who previously worked in communications at Air France, and Davide Paladino, who has a private banking and aviation background–to help PrivateFly operations controller Mehdi Dialmy, who heads the company’s French division. The company also appointed Astrid Arminjon as digital marketing executive, a role that includes reaching out to new customers in France and boosting content development for PrivateFly’s French website.

May 1, 2012 - 4:25pm

Attendees at the National Aircraft Financing Association annual meeting late last week in Savannah, Ga., largely agreed that aircraft financing is “thawing,” but new international banking rules that will start to be phased in next year might make things worse.

April 23, 2012 - 10:00am
ISTAT treasurers' panel

The International Monetary Fund’s April 18 warning that Europe’s banks could lose some $2.6 trillion over the next 18 months lent weight to concerns of a continuing aircraft finance drought recently voiced by airline treasurers and finance bosses.

October 21, 2011 - 7:50am
AINtv covered all the news from the NBAA Convention.

My job at this month’s NBAA show in Las Vegas was to present our AINtv webcasts. I’ve been working on AINtv since its launch in 2006 and it really is great fun—in fact, don’t tell my boss, but it’s light relief from the daily grind of churning out articles for AIN’s print and online editions.

November 30, 2010 - 4:17am

Business aircraft trading has started to move more freely, but the fallout from the financial crisis continues to cast a shadow over the market, according to JetBrokers Europe. The UK-based group says brokers are having to work harder and be more inventive to get deals closed. And buyers are facing much closer scrutiny from lenders.

October 13, 2010 - 11:37am

A group of 24 airlines based in Europe and the U.S. yesterday issued a set of common principles they claim should underlie a new OEDC Sector Understanding on Export Credits of Civil Aircraft (ASU) to ensure a “level playing field” in the arena of export financing of Boeing and Airbus airplanes. The 24 airlines, which include 15 members of the U.S.

October 13, 2010 - 9:00am

A group of 24 airlines based in Europe and the U.S. yesterday issued a set of common principles they claim should underlie a new OEDC Sector Understanding on Export Credits of Civil Aircraft (ASU) to ensure a “level playing field” in the arena of export financing of Boeing and Airbus airplanes. The 24 airlines, which include 15 members of the U.S.

June 28, 2010 - 6:16am

The nation’s foremost aircraft repossessor is counseling his bank and leasing company clients not to take back delinquent aircraft. “We are telling banks not to repo,” said Nick Popovich, president of Sage-Popovich, the global aircraft repossession, aviation parts and services company.

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.

 
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