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.

Jul 6, 2020 - 6:08 AM
A change to the European Union's customs code acknowledges establish practice allowing flight plans to suffice for declaration of entry and departure.
Jun 26, 2020 - 9:03 AM
A new credit facility and loan for KLM has been agreed almost two months after sister company Air France got state aid.
Lufthansa A321
Jun 25, 2020 - 1:33 PM
The German airline's leading private shareholder had opposed state aid, which was contingent on the government taking a 20 percent stake in the company.
London Gatwick Airport
Jun 18, 2020 - 8:31 AM
IATA says Europe's airlines have yet to see the worst of the traffic downturn caused by the Covid-19 pandemic, with more jobs and heavier losses to come.
Safran
Jun 9, 2020 - 5:13 AM
Government funding includes existing support for Air France, plus a further €8 billion for various aspects of the aerospace sector.
MySky app
Jun 1, 2020 - 12:29 PM
MySky's founders say that artificial intelligence can deliver financial transparency to private aviation, which is wasting 20 percent of its cost base.
May 27, 2020 - 12:38 PM
A new venture has been formed to help lenders to the offshore rotorcraft industry dispose of under-utilized assets.
Rolls-Royce factory
May 20, 2020 - 4:42 AM
The aircraft engine maker aims to achieve annual savings of around $1.6 billion, with most of the impact being on its UK-based civil aerospace business.
May 8, 2020 - 5:53 PM
"Seismic changes” will continue for helicopter insurance.
AW139 EMS
May 7, 2020 - 1:29 PM
Italy's Leonardo saw first quarter earnings decline, mainly on the civil side of its business, including helicopters, ATR airliners, and aerostructures.