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.

NBAA Updates Tax Guide for Non-biz Use of Corporate Jets

NBAA has updated its handbook that provides tax and regulatory compliance strategies for non-business use of corporate aircraft.

Finance, Taxes, Insurance

LCI Orders More Airbus H175 Super-medium Twins

LCI has placed an order for two additional Airbus H175s with an option for four more in a deal valued at up to $125 million.

Finance, Taxes, Insurance

Canada Goes Full Speed Ahead on Aircraft Luxury Tax

Over objections by the Canadian Business Aviation Association, the government is enacting a luxury tax on essentially all genav aircraft as of September 1.

Finance, Taxes, Insurance

Aerospace Needs Top Talent To Achieve Green Future

McKinsey analysts say skills and supply chain headaches are holding back aerospace, but there are major opportunities from the quest for sustainability.

New GE Aerospace Unit Laser-focused on Airline Recovery

GE Aerospace's new CEO said it could take another 18 months for the air transport sector to get back to pre-Covid levels of performance.

Northrop Grumman To Buy Special Mission Boom Overtures

Boom said it has raised more than $600 million in capital for the Overture program.

Aviation Capital Is Buyer for 12 Boeing 737-8s

Boeing says the "reboot" of the Max program is complete and that the company sees a return to a normal competitive landscape with Airbus.

Airliner Deals Heat Up at Sun-kissed Farnborough Show

Sales and commitments signed over the first two days of the Farnborough International 2022 Airshow covered almost 300 new and converted airliners.

MySky Opens Offices in Dubai and Guadalajara

Business aviation financial management solutions firm MySky has expanded its international footprint with the opening of new offices in Dubai and Mexico.

Finance, Taxes, Insurance

Aerospace Presses Industry Reset Button at Farnborough

The return of the Farnborough Airshow is a welcome boost for an aviation sector, which faces challenges such as inflation and supply chain disruption.

Embraer Finds Its Stride after Failed Boeing Deal

The Covid crisis and the failed sale of its commercial division has forced Embraer to sharpen its focus on efficiency and innovation.

Farnborough Show Set To Boost Conflicted Aerospace Industry

The aerospace and defense community has been through an existential challenge since the 2018 show, and it still faces multiple post-Covid difficulties.

Social Inflation, Increased Awards Driving Insurance Premium Hikes

"Nuclear” judgements combined with heavy claims losses are leading to a challenging market for aviation insurers and insured.

Finance, Taxes, Insurance

LCI Acquires 19 Helicopters from Lobo Leasing

Lessor LCI is acquiring 19 helicopters from Lobo Leasing in South America, Africa, and Europe.

Finance, Taxes, Insurance

NBAA Creates Guidelines for Exporting Aircraft from U.S.

NBAA’s Tax Committee and regulatory issues advisory group have jointly created a new, members-only resource on exporting aircraft from the U.S.

Finance, Taxes, Insurance

ICAO Calls on Russia to Cease Dual Aircraft Registration

The UN’s aviation arm resolves to call on Russia to end its infractions of the Chicago Convention.

U.S. Aviation Insurance Market Stabilizes in First Half

The aviation insurance market in the U.S. has been relatively stable in the first half, says Aviation Specialty Insurance president Matt Drummelsmith.

Finance, Taxes, Insurance

GE Aviation Changes Senior Leadership Team

GE Announces Changes to GE Aviation Senior Leadership Team under its plan to separate GE into three independent companies—Aviation, Healthcare, and Energy.

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.

Finance, Taxes, Insurance

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.