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.

GE Reaches $30 billion Deal To Sell Gecas to AerCap

A Gecas-AerCap combination would result in a combined portfolio of more than 2,000 aircraft, 900 engines, and 300 helicopters.

U.S. and EU Declare Truce over Boeing and Airbus Subsidies

U.S. and European Union trade representatives have been given four months to try to find compromise in the long-running dispute over aerospace subsidies.

Lufthansa Technik Suffers Steep Losses on Pandemic Woes

The MRO arm of the Lufthansa Group attributes its product and customer diversity and investments in digital platforms for its ability to counter Covid-19.

Finance, Taxes, Insurance

Safran Gets €500 Million Loan for Clean Engine Development

The European Investment Bank will make available a 10-year credit line to Safran for the development of environmentally friendly engine technology.

Airbus Sees an Uncertain Path to Air Transport Recovery

Covid hit the civil side of Airbus's balance sheet hardest in 2020, but the European group said results would have been worse without prompt action.

February 18, 2021

India Lowers Entry Barriers for New Domestic Lessors

Companies operating out of the Gujarat International Finance Tec (GIFT) City will now enjoy tax incentives to lease aircraft to Indian airlines.

February 15, 2021

New-gen Airliner Values Steady as Older Models Continue To Fall

IBA appraisers sees values of older airliners continuing to decline amid Covid pressure.

February 15, 2021

Bristow Sees No Recovery for Offshore Helicopters in 2021

Helicopter services company Bristow continues fleet downsizing, quarterly losses.

Finance, Taxes, Insurance

February 8, 2021

Exim Bank Praises Gulfstream Private Jet Financing Deal

The U.S. Export-Import Bank awarded its Deal of the Year recognition to Gulfstream for a sale of a G650 to a Czech customer.

January 15, 2021

AINsight: How Dry Leases Can Prevent Illegal Charter

Leasing enables a lessee to lawfully “operate” and thereby exercise “operational control” over an aircraft under the FARs.

Finance, Taxes, Insurance

January 15, 2021

NBAA Lauds IRS Rule Exempting Managed Aircraft from FET

NBAA is praising issuance of a pre-publication final rule by the U.S. IRS that clearly exempts managed business aircraft from federal excise taxes.

Finance, Taxes, Insurance

January 13, 2021

UK Operators Stalled by Brexit Blocks on Market Access

UK government negotiators are being urged to negotiate new bilateral agreements with all 27 European Union member states.

Charter & Fractional

January 8, 2021

Tax Holiday Ends for Commercial Flights

NBAA and NATA update members on the the 2021 tax changes and advised quick action on Covid relief programs.

Finance, Taxes, Insurance

January 7, 2021

IATA Calls for Rapid Covid Tests as Europe Struggles

The association says the tests must replace quarantines and that slot allocation waivers must be extended to allow for a slow air transport recovery.

November 25, 2020

AINsight: 7 Avoidable Mistakes in Acquiring a Bizjet

Acquiring a private jet aircraft is fraught with the potential to make these seven expensive mistakes that can be avoided with a qualified aviation team.

Finance, Taxes, Insurance

November 13, 2020

Global Jet Capital Raises $522 Million in Newest ABS

Global Jet Capital's total assets securitized now top $2.8 billion.

Finance, Taxes, Insurance

November 6, 2020

Air Freight Demand Contrasts with Dismal Passenger Traffic

IATA's latest traffic figures for September show encouraging demand for air freight, while Covid continues to blight passenger services.

November 4, 2020

Airbus Says It Is Rebalanced for Covid Market Conditions

Despite declining revenue and earnings in the first three quarters of 2020, Airbus says it is making progress in harsh Covid trading conditions.

October 29, 2020

IATA Points to Labor as Big Item for Possible Cost Reductions

The trade body warns that unit costs will have to be cut by 30 percent to match expected decline in unit revenue and reach break-even in 2021.

October 27, 2020

South African Airways’ Fate Tied to International Partner

A study presented to the government recommends Ethiopian Airlines as the most palatable potential partner for South African Airways.

October 26, 2020