Finance, Taxes, Insurance
Bizjet Financing ‘Thawing,’ but Iceberg Looms Ahead

Attendees at the National Aircraft Financing Association annual meeting late last week in Savannah, Ga., largely agreed that aircraft financing is “thawing,” but new international banking rules that will start to be phased in next year might make things worse. In an attempt to prevent another financial meltdown like that seen in 2007-2008, the new Basel III global regulatory standards are expected to strengthen bank capital requirements and introduce new regulatory requirements on bank liquidity and bank leverage for all lending institutions, not just banks, with more than $50 billion in assets.