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.

Latest

New Report Predicts Slow Recovery for Civil Aerospace

Roland Berger says the next few years will be more of a transition than a recovery for civil aviation, as air transport demand gradually returns.

Aircraft

July 22, 2020

ADS Says UK Aerospace Needs Urgent, Long-term Support

UK industry group ADS says the government must match public spending by other countries' aerospace industries to deal with threats posed by Covid, Brexit.

Finance, Taxes, Insurance

July 21, 2020

Novel Coronavirus Shakes Up Global Airline Industry

Airlines that have not benefitted from government aid struggle to survive the pandemic.

Airlines

July 20, 2020

UK Industry Calls on Government for Urgent Increase in Support

Senior industry leaders addressing the opening ceremony for the FIA Connect event indicated that the aerospace sector faces a long path to recovery.

Finance, Taxes, Insurance

July 20, 2020

More Articles

EU Simplifies Temporary Admission Process for Aircraft

A change to the European Union's customs code acknowledges establish practice allowing flight plans to suffice for declaration of entry and departure.

Aircraft

July 6, 2020

Dutch Government Backs $3.8 Billion Support Package for KLM

A new credit facility and loan for KLM has been agreed almost two months after sister company Air France got state aid.

Airlines

June 26, 2020

Lufthansa Saved From Collapse By Disputed Government Aid

The German airline's leading private shareholder had opposed state aid, which was contingent on the government taking a 20 percent stake in the company.

Airlines

June 25, 2020

IATA Demands More Concessions on ATM Fees and Slot Rules

IATA says Europe's airlines have yet to see the worst of the traffic downturn caused by the Covid-19 pandemic, with more jobs and heavier losses to come.

Finance, Taxes, Insurance

June 18, 2020

France Unveils €15 Billion Aid Package For Aviation Industry

Government funding includes existing support for Air France, plus a further €8 billion for various aspects of the aerospace sector.

Finance, Taxes, Insurance

June 9, 2020

MySky Spend Management Platform Expands to Americas Market

MySky's founders say that artificial intelligence can deliver financial transparency to private aviation, which is wasting 20 percent of its cost base.

Finance, Taxes, Insurance

June 1, 2020

New Venture Jettisons Parked Offshore Helos

A new venture has been formed to help lenders to the offshore rotorcraft industry dispose of under-utilized assets.

Finance, Taxes, Insurance

May 27, 2020

Civil Aviation Decline Forces Rolls-Royce To Cut 9,000 Jobs

The aircraft engine maker aims to achieve annual savings of around $1.6 billion, with most of the impact being on its UK-based civil aerospace business.

Finance, Taxes, Insurance

May 20, 2020

Insurance Hikes, Limited Covid Aid for Helo Operators

"Seismic changes” will continue for helicopter insurance.

Finance, Taxes, Insurance

May 8, 2020

IAG Cuts Deliveries As Full Recovery Not Anticipated Before 2023

IAG incurred a loss of around $577 million in the first quarter of 2020, and sees even tougher trading conditions in the second and third quarters.

Aircraft

May 7, 2020

Leonardo Sees 2020 Hit from Decline in Civil Aviation Markets

Italy's Leonardo saw first quarter earnings decline, mainly on the civil side of its business, including helicopters, ATR airliners, and aerostructures.

Aircraft

May 7, 2020

IADA: CARES Act Tax Measure Could Boost Aircraft Sales

The CARES Act renewed the NOL carryback through 2020, opening the possibility for aircraft buyers to receive tax benefits on aircraft purchases.

Finance, Taxes, Insurance

April 30, 2020

Airbus Sees More Pain in Commercial Market Through 3Q2020

Airliner deliveries could fall further during the second and third quarters of 2020, resulting in greater financial pressure on the aerospace supply chain.

Aircraft

April 29, 2020

eVTOL Aircraft Programs Could Face Investment Squeeze

AirFinance founder Kirsten Bartok Touw predicts rapid consolidation in the urban air mobility sector as only companies with cash in hand may now succeed.

Finance, Taxes, Insurance

April 29, 2020

U.S. General Aviation Groups Push for Tax Relief

Six organizations appealed to Senate leaders for relief from aviation fuel taxes, similar to relief already granted to the nation's airlines.

Finance, Taxes, Insurance

April 16, 2020

NBAA Webinar Explores Covid-19's Impact on FAA Registry

All documents that are mailed to the FAA Civil Aviation Registry are subject to a 72-hour quarantine, webinar panelists noted.

Finance, Taxes, Insurance

April 14, 2020