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.
Finance, Taxes, Insurance
San Marino Aircraft Registry Ratifies Cape Town Treaty
Ratification gives confidence to banks and leasing companies.
Finance, Taxes, Insurance
Seabury To Invest in Industry through New Merchant Bank
The new merchant banking division of advisory group Seabury will invest in areas such as minority equity stakes and commercial aircraft leasing.
Finance, Taxes, Insurance
Aircraft Acquisition Planning Seminar
Safety training can benefit the bottom line.
Finance, Taxes, Insurance
Bizav in Canada Produces 11,500 Jobs, Study Finds
Study measures size and economic impact of business aviation in Canada.
Airlines
Russian Government Guarantees Debt For Transaero
Transaero Airlines CEO denies reports of possible service cancellations due to Russian currency crisis.
Finance, Taxes, Insurance
Multi Service Buys Stake in Charter Portal Avinode
Avinode remains committed to strictly business-to-business charter booking model.
Finance, Taxes, Insurance
Aircraft Finance Special Report 2014
Cash is still king, but lenders see fresh activity from buyers
Airlines
Aer Lingus Rejects Takeover Bid by IAG
Says offer "fundamentally undervalues" the Irish flag carrier
Finance, Taxes, Insurance
IATA Adjusts Profit Forecast Upward
Industry group now expects world's airlines to make $19.9 billion this year.
Aircraft
Active Finance Markets To Drive Record Deliveries, Says Boeing
Forecast projects $124 billion worth of deliveries in 2015.
Aircraft
Honeywell Forecast: 9,450 Bizjet Deliveries Worth $280B over Next Decade
In the near term, Honeywell is projecting deliveries of 650 to 675 new jets this year, a single-digit percent increase from 2013.
Finance, Taxes, Insurance
AfBAA Endorses GJC for Bizjet Financing
Traditional financing sources, such as banks, have not been as active in financing private jets as they had been in previous years.
Aircraft
Qantas Projecting Big Turnaround for First Half of FY2015
Positive results to come six months after reporting record losses
Finance, Taxes, Insurance
Khazanah Picks CEO for Restructured Malaysia Airlines
Recruits Aer Lingus CEO Christoph Mueller to oversee turnaround effort
Finance, Taxes, Insurance
AFC Offers New Model for Aircraft Financing
François Chazelle, a familiar face at MEBA and trade shows worldwide through his years at Airbus Corporate Jets, is here at MEBA.
Finance, Taxes, Insurance
BizAv Groups Warn Texas Tax Proposal Would Change ‘Course Of Ownership’
Bizav groups are urging the state of Texas to hold off on a proposed new tax rule for aviation, warning that the changes could harm the industry.
Finance, Taxes, Insurance
U.S. House Extends Bonus Depreciation Through Year-end
Bill passed despite objections that waiting until year-end for a one-year retroactive extension prolongs uncertainty and provides little benefit.
Finance, Taxes, Insurance
EU Clarifies VAT Relief for Foreign Business Aircraft
Many business aircraft operators previously had been uncertain whether they were eligible for temporary admission into the EU.
Finance, Taxes, Insurance
FAA: Local Aviation Fuel Taxes for Aviation Use Only
Policy formally adopts 1987 interpretation calling for state and local aviation fuel taxes to be used for aviation or airport programs.
Finance, Taxes, Insurance
Asian Airlines Struggle with Low Yields Despite Growth
U.S. carriers considering international expansion could add to the pressure
Aircraft
Bombardier, China’s SPDB Ink Financing Deal
MOU promises to open new financing and leasing options for Bombardier's Chinese customers
Finance, Taxes, Insurance
SterlingRisk Now Offers Air Charter Revenue Protection
Insurance product covers air charter revenue losses stemming from unscheduled maintenance and cancelled flights.
Finance, Taxes, Insurance
Bank Boosts Capital of Two African Regional Carriers
Air Cote d'Ivoire and ASKY are both receiving fresh capital injections from the West African Development Bank
Finance, Taxes, Insurance
Software Can Help Owners Comply With Complex Tax Laws
Upcoming changes to U.S. tax law could affect how aircraft owners account for depreciation and expensive repairs.
Finance, Taxes, Insurance
U.S. Aircraft Insurance Unaffected by Malaysia Crashes
U.S. aircraft operators and the majority of their reinsurers “have dodged major bullets.”
Finance, Taxes, Insurance
Broker Has High Hopes For Latin America, Despite Barriers
Jetcraft sees more transactions across Latin America, although the region is still far from user-friendly from the industry’s perspective.
Finance, Taxes, Insurance
Aviation Director Allegedly Stole $2.7M from Employer
Kevin Boardman allegedly “devised numerous methods to embezzle money from his employer” between 2006 and last year.
Finance, Taxes, Insurance
Equiom Highlights Customs Warehousing
Equiom is emphasizing its ownership structuring and multi-jurisdictional VAT, tax and registration services.
Finance, Taxes, Insurance
Russian Tensions A Concern For Lenders
With many financed business jets in Russia, business aircraft lenders are currently casting a wary eye on the region.
Aircraft
Nextant On Target With 400XTi And G90XT
Nextant brought a 400XTi remanufactured jet to the EBACE 2014 static display.
