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
LCI Delivers Pair of Air Ambulance Leonardo AW169s
Helicopter leasing firm LCI has delivered two new Leonardo AW169 Helicopters to their joint venture and now has a fleet of more than 140 helicopters.
Airlines
Eurocontrol Pushes Back Covid Recovery as Delays Worsen
The air traffic management agency published a revised short-term forecast for European air traffic, as airlines and airports face serious staff shortages.
Finance, Taxes, Insurance
The Cost is Clear as MySky Syncs with Myairops
MySky and myairops announce at EBACE platform integration, bringing greater cost transparency to flight operations
Aircraft
For Now, Bizav Tailwinds Are Stronger Than Headwinds
Business aviation traffic and demand are generally still strong, but rising costs and economic uncertainty are all too visible, said the analysts at WingX.
Finance, Taxes, Insurance
MySky Reveals Big Spend App Update
Technology provider MySky has updated MySky Spend, its AI-driven financial control product.
Charter & Fractional
Gozen Digital Aviation to Offer Jeppesen's Operator Software
The aviation services group is acquiring the Operator/OpsMan tools from Jeppesen.
Aircraft
Busy 2021 Turns Into Busier 2022 for Action Aviation
The firm says current buy-sell dynamics make for the best market it has ever been involved in.
Finance, Taxes, Insurance
Argus Reveals New FBO Auditing Service
Argus International introduced a new FBO audit service at EBACE and reported strong post-Covid European charter numbers.
Aircraft
Ukraine War Weighs on Otherwise Strong Q1 for AerCap
AerCap registers a $2 billion loss during the first quarter due to write-offs of aircraft and engines in Russia.
Finance, Taxes, Insurance
Residco Adds To Leasing Pool with Brown Asset Buy
Leasing company Residco is making a move into the light aircraft leasing business and plans to serve flight schools and university flight programs.
Airlines
For Now, Covid Remains a Bigger Drag on Air Transport than War
IATA says the fall-out from Russia's invasion of Ukraine has been relatively limited, with the exception of rising fuel prices and risks to leasing assets.
Finance, Taxes, Insurance
LCI Doubles Helicopters in Joint Venture
Helicopter lessor LCI now has 38 aircraft in a joint venture with Sumitomo Mitsui Finance and Leasing Company.
Aircraft
AerCap Works to Mitigate Losses Stemming from Ukraine War
Almost 5 percent of AerCap’s fleet remains in Russian hands.
Finance, Taxes, Insurance
MD Helicopters Files Chapter 11 Bankruptcy
MD Helicopters receiving $60 million in debtor financing, will continue operating, while assets sold.
Finance, Taxes, Insurance
Insurers Face Losses Due To Grounded Aircraft in Russia
The hard aviation insurance market could become harder if Russia confiscates the more than 500 airplanes in the country owned by non-Russian lessors.
Finance, Taxes, Insurance
Canada Revises Proposed Aircraft Luxury Tax
Canada has stepped back from its previous position that could have seen virtually all private aircraft purchased taxed as luxury “personal” aircraft.
Finance, Taxes, Insurance
Isle of Man Register Ditches Russian Private Aircraft
Responding to sanctions against Russian individuals and companies over the invasion of Ukraine, the Isle of Man has deregistered multiple private aircraft.
Aircraft
Jaunt's eVTOL Plans Boosted by LTTS Engineering Alliance
Jaunt, which is working to certify its five-seat Journey eVTOL aircraft by 2026, is establishing design and production facilities in Canada.
Finance, Taxes, Insurance
Flashback:Earliest bizjet to end serial line, sluggish sales prompt production line halt
We look back at some memorable events and coverage from AIN's half-century-old archives.
Aircraft
AirAsia Makes Plans for eVTOL Air Taxi Services
The Malaysia-based airline group is set to lease 100 of Vertical Aerospace's four passenger VX4 eVTOL aircraft from Avolon for flights booked on its app.
Aircraft
UK Aerospace Strives to Push Past Covid Downturn
The UK's ADS industry organization is one of several leading national aerospace trade groups vying for new business at the Singapore Airshow.
Engines
Leasing Group BOC Selects Leap Engines For A320neos
CFM International will supply eight shipsets of Leap-1A turbofans to power A320neo narrowbody airliners in BOC Aviation's lease portfolio.
Aircraft
Thailand's Airlines in Struggle to Beat Covid
Indebtedness among several Thai carriers reaches unprecedented levels.
Aircraft
Airbus Lands Major A220 Order as Asia-Pac Growth Soars
Aviation Capital Group is buying 20 A220 narrowbodies, as Airbus projects the Asia-Pacific region will need more than 17,000 more aircraft by 2040.
Airlines
Insurers Pull Cover For Ukrainian Airliners As Invasion Looms
Ukrainian International Airlines has been forced by insurers to move some aircraft out of the country, despite assurances from its government.
Finance, Taxes, Insurance
Milestone Signs 11-ship Deal with Omni Helicopters
Milestone Aviation Group has signed an 11 aircraft deal with Brazilian operator Omni Helicopters covering Leonardo AW139 and Sikorsky S-92A helicopters.
Aircraft
Boeing Sees Dramatic Rise in Asia's Traffic Share by 2040
China will account for nearly half of the 18,000 new aircraft required in the region in the next two decades, according to Boeing.
Aircraft
Chinese Companies Dominate Asia-Pac Aircraft Leasing Space
Chinese lessors have learned the trade enthusiastically and show strong international ambition.
Aircraft
China Plays Long Game on C919 Development
Chinese leadership appears undeterred by persistent roadblocks to the C919's certification.
Finance, Taxes, Insurance
Milestone Completes Aramco Helicopter Fleet Renewal
Lessor Milestone delivered 26 helicopters to Aramco as part of that company's fleet renewal program.
