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.
Operators and brokers will be able to present clearer options for their clients and conduct all aspects of transactions in one place online, Avinode said.
An EBACE panel discussion partly focused on the fall-out from Tuesday's protests against business aviation and France's new ban on domestic flights.
MySky is introducing a procurement tool for charter providers, the latest addition to its suite of revenue management software.
The business jet market is taking a breather after a rapid buildup during the Covid pandemic, according to Global Jet Capital.
The country's ADS trade association says members are struggling to invest due to high interest rates and inflation, as Brexit headaches continue.
Despite recent bank casualties and market volatility, most financiers can and will continue to finance private aircraft—but under stricter terms.
The industry group held its first training session outside the UK, staging an event for 28 industry professionals from 10 different countries.
Several attempts have been made to find a new owner for the maker of the Avanti Evo aircraft, since the company entered bankruptcy protection in 2019.
Dichter will retain a seat on the board, with CFO Todd Smith taking over as CEO and current board member Ravi Thakran appointed as executive chairman.
By making a $100 million prepayment, Gogo is reducing its long-term debt to $612.3 million and saving about $8.5 million annually in interest charges.
