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.
Aviation industry’s low margins mean higher risk from uninsured losses.
2018 looks to be even stronger, the company says.
Chinese lessors and airlines to account for 40 percent of all lease extensions in 2018, according to IBA Group
As a complementary feature, a new maintenance advice hotline was established to help diagnose aircraft problems when away from home base.
Significant tax benefits and other changes must be considered before making a business aircraft purchase, sale, lease or management arrangement.
The company, founded in 1928 by a pair of World War I aviators, has grown into one of the industry's leading underwriters.
Worldwide group says local offices for charter sales, and central broker desk in Luton, has worked well.
SM4 continues to expand by providing targeted subject matter experts and financial support to the aerospace sector.
Owners of aircraft older than 15 to 20 years need to realize that they might be the last owner of the airplane.
Provision directly responds to a March 2012 IRS Chief Counsel Advice Memorandum that concluded management fees were subject to 7.5 percent tax.