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.

Finance, Taxes, Insurance

Jefferies: Used Bizjet Inventory Climbs 18% YOY

But overall inventory is still low compared to pre-pandemic times
Dassault Falcon 7X
Finance, Taxes, Insurance

Arc Aerosystems Lands Saudi Backing for New Aircraft

The UK start-up is working on a jump takeoff gyroplane and a pair of eVTOL aircraft
Arc Aerosystems Linx P9 aircraft
Finance, Taxes, Insurance

Consultants Offer Sober Assessment of eVTOL Viability

This week's Revolution Aero conference assessed the hype around the new sector of aviation
Revolution Aero 2024 conference in London
Finance, Taxes, Insurance

Top Bizav Attorney: IRS Audits 'Something Industry Hasn't Seen Before'

IRS has launched first half-dozen audits
Benjamin Schwalen, NBAA general counsel and corporate secretary; Kristi Greco Johnson, NBAA senior v-p of government affairs; and David Shannon, partner with Lewis Brisbois
Aircraft

IADA Recognizes Starling with Lifetime Achievement Award

Starling is the executive director of the association
Wayne Starling
Aircraft

Lilium Manages Cash Flight Path to eVTOL Aircraft Certification

The German company has also established a business unit in Shenzhen, China
German chancellor Olaf Scholz and Lilium CEO Klaus Roewe
Finance, Taxes, Insurance

Volocopter Says It Has Funding To Complete Certification of eVTOL Aircraft

The company will not disclose which of its existing investors have committed to provide new funding
Volocopter flies in Saudi Arabia
Aircraft

Revolution.Aero Draws Advanced Air Mobility Leaders to London

Electric aircraft developers will face scrutiny from independent analysts and the financial community
Revolution.Aero in Dublin
Charter & Fractional

China's Shanxi Province Will Fly Tourists in EHang's eVTOL Aircraft

An agreement calls for up to 500 of the two-seat pilotless aircraft to be delivered
EHang's main production plant for eVTOL aircraft is at Yunfu in China
Maintenance and Modifications

JSSI's Support for Business Aviation Keeps Growing

The company has been in business for 35 years and has added new services in recent years
JSSI bizav
Finance, Taxes, Insurance

Jetcraft Sees Grounds for Optimism in Preowned Bizjet Market

"No longer a knife fight in a phone booth," said Jetcraft president and CEO Chad Anderson
Chad Anderson, Jetcraft
Finance, Taxes, Insurance

AINsight: 1,000 Times One Is Still 1,000

What does it take to succeed in the aircraft brokerage business?
Finance, Taxes, Insurance

German Officials Start Due Diligence For Lilium's Loan Guarantees

New funding of at least €100 million may soon be released for the eVTOL aircraft manufacturer
Lilium's eVTOL aircraft
Fuel

Oxford Airport Begins Selling SAF, To Open Synthetic Fuel Plant

London-area airport is stepping up efforts to decarbonize business aviation
London Oxford fuel truck
Finance, Taxes, Insurance

France May Provide Funds for Lilium eVTOL Aircraft Production Line

The German company is in negotiations with French officials over subsidies and loan guarantees
Lilium's eVTOL aircraft
Aircraft

Archer Expects To Cut eVTOL Aircraft Development Costs in Q2

Q1 expenses were bloated by non-recurring payments to suppliers and lawsuit charges
Archer battery pack factory
Finance, Taxes, Insurance

Monte Will Add Regent's Sea Gliders to Lease Portfolio

An agreement signed at CoMotion Miami has a reported value of $300 million
Regent Viceroy electric sea glider
Airports

London Biggin Hill Airport Sees More Potential for Economic Impact

A new economic study shows increased added value and jobs
London Biggin Hill Airport
Charter & Fractional

SkyShare Lowers Frax Down Payments and Monthly Fees

Fleet now includes aircraft ranging in size from the Pilatus PC-12 to Gulfstream's G450
SkyShare fractional ownership fleet
Aircraft

Airbus Research Highlights Factors Driving New Bizjet Buys

Buyers want lower operating costs, greater fuel efficiency, and new technology
ACJ TwoTwenty business jet
Finance, Taxes, Insurance

Business Jets Drive Strong Q1 Revenues at Embraer

The cost of production rate increases dragged on earnings for the Brazilian group
Embraer Praetor 500 jet
Finance, Taxes, Insurance

Vertical Appoints New CEO To Bring eVTOL Aircraft to Market

Stuart Simpson is currently the UK start-up's CFO
Vertical Aerospace VX4 eVTOL aircraft
Finance, Taxes, Insurance

Canada Keeps Aircraft under Luxury Tax Umbrella

Tax is estimated to have caused the loss of 3,800 jobs and $1.1 billion in revenues
Rotorcraft

Bell Helicopter Shipments Lag in 1Q2024

Bell delivered 18 commercial helicopters in the quarter, down from 22 delivered a year ago
Article image
Finance, Taxes, Insurance

German Politicians Stall eVTOL Loan Guarantee Approvals

Bavaria has blocked support for Volocopter and Lilium
Volocopter eVTOL aircraft
Finance, Taxes, Insurance

Textron Aviation: Jet Shipments Steady, Turboprops Decline

Division delivered 36 jets in the first quarter, up slightly from a year ago
Cessna Citation Latitude
Regulations and Government

IRS Chief Expresses Concern about Business Aircraft Deductions

Werfel told Congress IRS resources had been 'stretched thin' in the area of bizjet deduction compliance
generic partial aircraft photo (Photo: Adobe Stock)
Finance, Taxes, Insurance

Used Jet Inventories on the Rise: Jefferies

The current inventory is still well below recent peaks
Embrear Praetor super midsize business jet in flight
Regulations and Government

AIA Calls for Passage of Tax Act with R&D Expensing Fix

A 2022 tax change altered the way businesses deduct R&D expenses
Capitol dome (Photo: Library of Congress)
Finance, Taxes, Insurance

Jet Card Hourly Rate in Holding Pattern during 1Q

Hourly rates, callouts, and peak days stayed constant
Jet