Finance, Taxes, Insurance
Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.
Airlines
EU Approves German State-backed Bridging Loan to Condor
The €380 million loan gives the German airline subsidiary of defunct British travel group Thomas Cook time to find new investors.
Finance, Taxes, Insurance
Bristow Emerging From Bankruptcy with $535M
Helicopter services company Bristow Group said it plans to emerge from Chapter 11 bankruptcy reorganization by month's end.
Finance, Taxes, Insurance
CBAA Fights Proposed 10 Percent Luxury Tax
The Canadian Business Aviation Association is leading a fight against a proposal for a 10 percent tax on “luxury" vehicles, which includes aircraft.
Airlines
Pilots Call Off September 27 Strike at British Airways
Pilots union BALPA called off a planned strike at British Airways on September 27, but it could take more strike action through January 2020.
Charter & Fractional
Industry Calls For Stronger Penalties on Illegal Charter
At the Air Charter Expo, business aviation associations called for tougher action against illegal charter flights.
Finance, Taxes, Insurance
ACE Brings Under-strain Brokers and Operators Together
What started several years ago as a low-key gathering of charter brokers has now blossomed in to a one-day “must attend” event for the industry.
Aircraft
Volocopter's eVTOL Plans Boosted by $55 Million Investment
Volocopter says a new round of funding has raised enough money to complete type certification of its VoloCity eVTOL aircraft and air taxi service.
Finance, Taxes, Insurance
Dassault's Trappier Reflects on Bumper Falcon Sales Since Flat 1H
Unveiling its first half performance, Dassault Aviation CEO put the focus on the in-development 6X for boosting Falcon sales.
Finance, Taxes, Insurance
Owners Need Brexit Plan for Their Aircraft
Aircraft owners in the British Isles may need to consider whether to import aircraft to the “new EU” where they operate there regularly.
Aircraft
Asset Insight Expands Free Access to Aircraft Data
In its latest move, Asset Insight is making available free access to an aircraft's direct operating costs.
Finance, Taxes, Insurance
AeroAsset Says Latin American Heli Market Recovering
Toronto, Canada-based AeroAsset is using LABACE 2019 as a platform to promote its latest free quarterly report on the helicopter market.
Finance, Taxes, Insurance
Goodwinds Says Insurance Market Improving with Economy
Insurance broker Goodwinds is a LABACE stalwart and supplies insurance to all corners of the aviation multiverse.
Finance, Taxes, Insurance
Aviation Lawyer Bonsenso Sees a Heated and Maturing Market
As the market grows, he maintains, buyers and potential buyers should seek advice from specialists, rather than rely on generalists.
Finance, Taxes, Insurance
Study Sees Growth Ahead for Bizav Aircraft Finance
According to research from Shearwater Aero Capital, a majority of those surveyed think demand for aircraft financing will rise over the next three years.
Finance, Taxes, Insurance
Airbus Deliveries Up, Orders Down
Airbus more than doubles earnings for the first half of 2019 while new orders fall sharply
Finance, Taxes, Insurance
Era Profits On Asset Sales, Merger Fever Comes To Offshore
Era Group posted modest Q2 net income while CHC said it is open to a merger
Aircraft
Wichita Bank Expands Into Business Aircraft Financing
Equity Bank's new division will finance new and pre-owned piston, turboprop and jet aircraft purchases.
Finance, Taxes, Insurance
Columbia Helicopters Being Sold To Private Equity Firm
Columbia Helicopters is being acquired by private equity firm AEI
Finance, Taxes, Insurance
AINsight: Owner Personal Liability for Illegal Charter Ops
Operators not playing by the rules affects everyone in business aviation.
Finance, Taxes, Insurance
Helo Lessor LCI Secures $75 Million in More Financing
Helicopter lessor LCI has secured $75 million from an investor consortium.
Finance, Taxes, Insurance
AINsight: Radical Transparency—Life in a Fishbowl
The industry is to be commended for developing an awareness of its own bad actors and transparency is key.
Finance, Taxes, Insurance
Seabury Capital Builds Up Management Team
The additions will help to provide a broader spectrum of offerings and services for the aviation, aerospace & defense, and maritime markets.
Airlines
Airlines Await Repatriation of $413 Million from African States
IATA claims it has cleared several hundred million dollars of blocked funds, but the problem persists.
Finance, Taxes, Insurance
European Bizjet Market Set To Grow, Says Shearwater
Financier Shearwater Aero Capital sees more jets in Europe's future
Aircraft
First Chicago-area Bizav Forum 'Incredibly Productive'
More than 70 industry professionals attended the event hosted by DuPage Flight Center featuring a static display of business aircraft.
Environment
CORSIA Offsetting Machinery Starts To Take Shape
AIN provides a brief guide to CORSIA facts and dates for business aircraft operators.
Finance, Taxes, Insurance
Global Jet Capital Sees Increase in Leveraged Financing
Interest in alternative financing for business jet purchases in the Middle East is growing, according to Global Jet Capital.
Finance, Taxes, Insurance
Aviation Insurance Market Set To Tighten
Beyond consolidation and increasing insurance rates, experts addressed how technology and new talent will change the industry.
Aircraft
Norwegian Confident of Narrowbody Fleet Growth Plan
Losses at the already troubled Oslo-based group have widened as it finalises deals with Airbus and Boeing to postpone narrowbody deliveries.
