Financial economics

January 1, 2012 - 5:20am

In an era when the Internet is eliminating many forms of privacy, the charter industry remains somewhat opaque, leaving charter clients without essential information about their trips, in the opinions of James Chitty and Nicolos Bozzo, founders of PlaneClear, based in Long Island City, N.Y.

Chitty, PlaneClear’s president, worked for Liberty Jet and vice president Bozzo for Gama Aviation before they founded PlaneClear in 2008, “to bring unprecedented transparency to the private charter market,” according to a PlaneClear statement.

December 1, 2011 - 4:10am
AIN Aviation Finance Special Report

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.

November 17, 2011 - 3:31pm

The Middle East Business Aviation Association (MEBAA) launched an aviation insurance group discount program for members on Tuesday at the Dubai Air Show.

November 14, 2011 - 6:17am

The Middle East Business Aviation Association (MEBAA) and Gates & Partners, the London-based international law firm, will hold a free one-day seminar at the Dubai Air Show on Wednesday, November 16.

September 12, 2011 - 9:20am
ILFC in March became the first customer for Airbus’ A321neo as part of a new

Insurance giant AIG appeared closer to proceeding with plans to wind down its exposure to the aircraft leasing business when on September 2 its ILFC unit filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering.

September 2, 2011 - 11:10am
Prospects for the air transport aftermarket business, including airliner main

Despite the increasingly uncertain economic outlook, trading conditions for companies making their living from the air transport aftermarket are improving, according to analysts at Swiss bank UBS.

August 24, 2011 - 10:10am

The Independent Fixed Base Operators Association (IFBOA) and insurance provider QBE Holdings have announced the creation of a new insurance program for the association’s members. According to IFBOA, the program will provide workers’ compensation insurance at competitive rates while allowing participants to earn an annual return on those costs while taking advantage of the group’s purchasing power.

August 10, 2011 - 5:01am
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Business aviation may still be brimming with righteous indignation over recent attacks by President Barack Obama (in the row over bonus depreciation) and The Wall Street Journal (over the Block Aircraft Registration Request issue), but it now faces bigger and more tangible problems.

July 20, 2011 - 11:20am

Berkley Accident and Health has set up Encap Business Aviation Captive to create “an insurance brokerage program specifically for business aviation employers that employ between ten and 1,000 employees,” Joe Clifton, director of JP Benefits Connection, told AIN. The program offers medical and prescription coverage.

June 30, 2011 - 6:50am

Bryan Moss, the former president and vice chairman of Gulfstream, has joined private investment firm Guggenheim Partners as the chairman of its recently restructured business aircraft investment division. The company, which manages more than $80 billion in assets, provides investment management, investment banking and capital market services among other offerings to corporations, governments and individuals.

 
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