Finance

August 2, 2010 - 10:02am

The Department of Transportation is planning to issue a notice of proposed

August 2, 2010 - 10:01am

The Department of Transportation is planning to issue a notice of proposed

August 2, 2010 - 10:00am

The Department of Transportation is planning to issue a notice of proposed

August 1, 2010 - 7:52am

Aviation Alliance Insurance Risk Retention Group (AAIRRG), an entity that provides product liability insurance exclusively for Arsa member repair stations, will be able to offer that coverage at well below market rates, according to the group.

July 21, 2010 - 9:09am

The big financial freeze that has gripped much of the aerospace industry since around the time of the last Farnborough airshow in 2008 is starting to thaw. And, as a consequence, deal making is back in fashion.

This was the headline assessment of the state of the sector from Michael Richter, managing director of the aerospace and defense group of financial advisor and asset manager Lazard on the eve of this week’s show.

July 14, 2010 - 8:06am

The Aeronautical Repair Station’s efforts to create a risk-retention group to provide commercial liability insurance for its members is closer to fruition. In late June, the Aviation Alliance Insurance Risk Retention Group (AAIRRG), established by ARSA and Polaris Enterprise Group, received its certificate of authority (insurance license) from the state of Montana.

July 9, 2010 - 6:38am
According to Michael Richter, managing director of the aerospace and defense ...

Billions of dollars worth of new corporate deals are set to be struck in the aerospace sector over the coming weeks, according to Michael Richter, managing director and co-head of Lazard's Aerospace & Defense Investment Banking Group. In part, these deals are being driven by tactical investment factors, such as the need for U.S.

July 6, 2010 - 12:35pm

The recovery in the business jet market continues but is still a bit uneven, according to the JPMorgan monthly business jet report released this morning. Pre-owned jet inventory of in-production models fell to 11.9 percent last month–the first time it has dipped below 12 percent since October 2008–but it did not do so uniformly. Midsize and large-cabin jet inventories decreased, while the supply of light jets increased slightly.

July 6, 2010 - 11:42am

Buyers of coverage for aircraft, aviation businesses and property have found a silver lining in the recession: relatively stable prices for insurance. Attendees at this year’s Aviation Insurance Association (AIA) conference confirm the news; too much available insurance capacity means that no underwriter has the power to raise prices.

June 26, 2010 - 5:44am

The Aviation Alliance Insurance Risk Retention Group (AAIRRG), developed by the Alexandria, Virginia-based Aeronautical Repair Station Association (ARSA) and Polaris Enterprise Group, received its certificate of authority (insurance license) this week from the state of Montana.  AAIRRG will provide product-liability insurance exclusively to repair stations that are ARSA members.
 

 
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