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.
Bill passed despite objections that waiting until year-end for a one-year retroactive extension prolongs uncertainty and provides little benefit.
Bizav groups are urging the state of Texas to hold off on a proposed new tax rule for aviation, warning that the changes could harm the industry.
Policy formally adopts 1987 interpretation calling for state and local aviation fuel taxes to be used for aviation or airport programs.
U.S. carriers considering international expansion could add to the pressure
MOU promises to open new financing and leasing options for Bombardier's Chinese customers
Insurance product covers air charter revenue losses stemming from unscheduled maintenance and cancelled flights.
Air Cote d'Ivoire and ASKY are both receiving fresh capital injections from the West African Development Bank
Upcoming changes to U.S. tax law could affect how aircraft owners account for depreciation and expensive repairs.
U.S. aircraft operators and the majority of their reinsurers “have dodged major bullets.”
Jetcraft sees more transactions across Latin America, although the region is still far from user-friendly from the industry’s perspective.