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.

Cash Pipeline Puts Middle East Lessors in Strong Position

DAE's portfolio stands at 425 aircraft, while Alafco now manages 80.

November 9, 2021

Airbus Emerges Profitable after Covid Hangover

The European aerospace and defense conglomerate recorded a Q3 profit of $472 million.

Finance, Taxes, Insurance

October 29, 2021

Airlines Slam UK Government over Passenger Duty Changes

IATA director general Willie Walsh accused the UK government of hypocrisy, suggesting new passenger duties are a cash grab disguised as a green tax.

October 27, 2021

CAE Partners on Single-pilot Jet Training Insurance

A first-of-its-kind program aimed at single pilot jet owners will combine a rigorous 18-month training cycle along with insurance for them.

Finance, Taxes, Insurance

October 13, 2021

Alitalia Successor ITA Picks Airbus for Future Fleet

ITA has inked deals with Airbus and Air Lease Corp for 59 Airbus narrowbody and widebody airliners ahead of its formal launch October 15.

October 1, 2021

Amstat To Display New Data Functionality at BACE

Business aviation industry data provider Amstat will be demonstrating several product upgrades and developments at NBAA-BACE next month in Las Vegas.

September 29, 2021

Northern Pacific Chooses 757s for New Transpacific Services

Alaska-based start-up Northern Pacific Airways is building its fleet around the Boeing 757-200 airliner as it prepares to launch services in 2022.

September 22, 2021

MySky Promises Accurate Charter Quotes In Seconds

Spend management platform MySky has introduced a Quote feature that it says uses real operational data to quickly provide accurate pricing.

Finance, Taxes, Insurance

September 17, 2021

Leasing Venture Orders 12 More Helicopters

Helicopter lessor LCI and Sumitomo Mitsui Finance and Leasing are acquiring 12 more helicopters worth more than $120 million.

Finance, Taxes, Insurance

September 16, 2021

ZenithJet Adds Biz Aircraft Cost-management Program

ZenithJet has rolled out a cost-management program for business aircraft owners and operators.

Finance, Taxes, Insurance

September 16, 2021

UK Firm Brings Bizjet AOG Insurance to U.S. Market

UK-based Falcon MGA Services has teamed with Peter Schmitz to bring JetSure AOG flight-cancellation insurance to the U.S.

Finance, Taxes, Insurance

September 15, 2021

Orgs Urge Refundability for SAF Blender's Tax Credit

A coalition of nearly 70 aviation organizations and companies sent a joint letter to Congress urging that any SAF blender's tax credit be refundable.

Finance, Taxes, Insurance

August 30, 2021

Indian Aircraft Lessor Taps General Aviation

Mumbai-based Vman Aero Services aims to be among the first companies entering the general aviation aircraft leasing market in India.

Finance, Taxes, Insurance

August 19, 2021

Aviation Coalition Protests Brazilian Tax Proposal

The loss of a 30-year tax exemption from Brazilian import duties and other taxes would increase airlines’ tax burden by $955 million.

August 16, 2021

Domestic Orders and State Backing Boost Russia's UAC Group

While the SSJ100 and Il-114-300 airliners have received new orders, the new MC-21 model is struggling, prompting Russia's government to show its support.

Gol Refreshes Narrowbody Fleet With 737 Max Lease Package

The Brazilian airline is replacing Boeing 737 NGs with the Max in order to cut operating costs and emissions, while also having more fleet flexibility.

EU Approves AerCap-Gecas Leasing Group Merger

European Union antitrust regulators green-light the combination of world’s two largest aircraft lessors without concessions.

European Commission Approves Massive Aid Injection to Condor

EU antitrust regulators conclude that German state and restructuring aid to Condor comply with European state aid rules.

Canadian Governments Pumping Billions into Green Aviation

PWC, Bell, and CAE could receive $685 million from Canada's support for electric aviation.

Finance, Taxes, Insurance

Aircraft Lessors Look To Bulk Up in Wake of Covid

OEM leadership appears generally unfazed by likely further consolidation of the airliner leasing business.