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.
IATA says the fall-out from Russia's invasion of Ukraine has been relatively limited, with the exception of rising fuel prices and risks to leasing assets.
Helicopter lessor LCI now has 38 aircraft in a joint venture with Sumitomo Mitsui Finance and Leasing Company.
MD Helicopters receiving $60 million in debtor financing, will continue operating, while assets sold.
Almost 5 percent of AerCap’s fleet remains in Russian hands.
The hard aviation insurance market could become harder if Russia confiscates the more than 500 airplanes in the country owned by non-Russian lessors.
Canada has stepped back from its previous position that could have seen virtually all private aircraft purchased taxed as luxury “personal” aircraft.
Responding to sanctions against Russian individuals and companies over the invasion of Ukraine, the Isle of Man has deregistered multiple private aircraft.
Jaunt, which is working to certify its five-seat Journey eVTOL aircraft by 2026, is establishing design and production facilities in Canada.
The Malaysia-based airline group is set to lease 100 of Vertical Aerospace's four passenger VX4 eVTOL aircraft from Avolon for flights booked on its app.
CFM International will supply eight shipsets of Leap-1A turbofans to power A320neo narrowbody airliners in BOC Aviation's lease portfolio.