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.
FAA easing some requirements due to Covid-19, but pilots should check whether insurance is still valid under exemptions.
A retrenchment at Dublin-based Avolon includes a reduction in aircraft commitments from 284 to 165 over the next three years.
EBAA, GAMA and national business aviation groups called on Europe's governments to allow financial relief and regulatory flexibility for business aviation.
While aircraft insurance policies can be put on hold during extended periods of grounding, the cost savings don't outweigh the risks for most, broker says.
SIA Group expects to raise as much as S$15 billion in equity and debt funding.
Embraer's CEO insists that the deal with Boeing to buy 80 percent of the Brazilian company’s commercial business remains a top priority.
The Australian flag carrier uses seven Boeing 787-9s as collateral for a new loan.
The further $240 million in funding raised by Lilium for its eVTOL aircraft development suggests that investors are not deterred by the Covid-19 pandemic.
Almost 50,000 flights and more than 10 million seats will disappear from the market as a direct result of the European Union's 30-day travel ban.
Trade group A4A projects all seven of its passenger airlines likely will run out of money between June 30 and the end of the year absent government action.