Leasing

October 14, 2014 - 12:55pm

NBAA’s two-day Tax, Regulatory and Risk-management Conference starts on Sunday in Orlando, Fla., ahead of the association’s annual convention there. On the conference agenda are sessions on ownership and operating structures, tax planning, financing, leasing, personal use of business aircraft, use policies and aircraft transactions. According to NBAA, the conference is geared for flight department personnel, aviation attorneys and financial advisors.

October 8, 2014 - 2:11pm

The ready availability of low-interest-rate financing for new aircraft has seen the average age of airplanes retired for parts decline precipitously, keeping companies specializing in so-called teardowns busier than ever.

August 4, 2014 - 4:25am

Aircraft maintenance plan provider JSSI is pushing harder into the red-hot helicopter market. The company recently hired Ray Weiser as its new helicopter program specialist and will soon unveil several programs aimed at the helicopter market, according to CEO Neil Book.

June 2, 2014 - 2:25am

The process of buying a business jet is fraught with potential pitfalls, among them the many ways that owners can fall afoul of legal constraints. The 2014 NBAA Tax Seminar & Conference, held last month in San Francisco, offered a one-day summary of the issues facing aircraft owners, not only summarizing the key problems that can develop but also giving participants a foundation for understanding how best to set up a flight department from a legal standpoint and how to satisfy taxing authorities with the minimum hit.

May 21, 2014 - 3:40pm

Veling Tayara, a new business jet leasing firm led by former Embraer Executive Jets president Ernie Edwards, was launched yesterday at EBACE 2014. The Dubai-based company is a subsidiary of airliner lessor Veling, which counts Emirates and Sri Lankan Airlines among its clients. Veling Tayara (the latter word meaning “aircraft” in Arabic) is focusing on five-year leases for young (three years old or newer) pre-owned and new midsize to large-cabin jets. It is targeting clients in the Middle East, Asia, Africa and former Soviet blocs, though it will also provide leases in other regions.

May 21, 2014 - 2:30pm

Veling Tayara, a new business jet leasing firm led by former Embraer Executive Jets president Ernie Edwards, was launched yesterday at EBACE. The Dubai-based company is a subsidiary of airliner lessor Veling, which counts Emirates and Sri Lankan Airlines among its clients.

Veling Tayara (the latter word meaning “aircraft” in Arabic) is focusing on five-year leases for young (three years old or newer) pre-owned and new midsize to large-cabin jets. It is targeting clients in the Middle East, Asia, Africa and former Soviet blocs, though it will also provide leases in other regions.

March 25, 2014 - 3:35pm

An item titled “The Future of Santa Monica Airport” on the agenda for tonight’s Santa Monica (Calif.) City Council meeting is likely to result in a spillover crowd, with both airport proponents and anti-airport groups urging members to attend to express their opinions.

March 19, 2014 - 11:05am

Talk of production “bubbles” again colored the discourse at the March 16 to 18 International Society of Transport Aircraft Trading (ISTAT) Americas 2014 conference in San Diego, even while OEMs in attendance insisted that record backlogs fully justify their planned rate increases. Manufacturers highlighted a strong backdrop for aircraft demand fueled by aging replacement needs, a 20-seat increase in the capacity of narrowbodies since 2007, emerging-market long-term capacity requirements and the global expansion of low-cost carriers, according to a research note from Sterne Agee.

February 26, 2014 - 4:23pm

Waypoint Leasing Services placed orders with Airbus Helicopters for 12 EC225s and 25 EC145T2s yesterday at Heli-Expo. Deliveries will commence this year and continue through 2017. Financial details of the order were not disclosed. Waypoint purchased two EC225s last year that are currently leased for offshore oil and gas operations in Australia. The helicopter leasing firm has $375 million in financing from two family funds and an additional $325 million in credit from Credit Suisse, CIT Bank and SunTrust.

February 9, 2014 - 7:25pm
Sukhoi Superjet 100s have been in service for nearly three years with Aeroflot and currently they are joining Asia Pacific fleets such as Laos’s Lao Central Airlines.

“Our ultimate goal is to make Russian aerospace and financial products competitive in the global market,” Alexander Ivanov, deputy chairman at Vnesheconombank (VEB), told AIN. Ivanov called Sukhoi a “long-standing partner” for his Kremlin-controlled bank, with whom the latter “has spent two years structuring the workable aircraft sales system support.”

 
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