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.

Aircraft

Falcon Delivery Dip Hits Dassault's 2023 Revenues

Revenues last year fell by almost 31 percent to €4.8 billion ($5.2 billion) from €6.9 billion in 2022.
Dassault Falcon 6X business jet
Environment

Embraer-X and Sustainable Aero Lab Push Decarbonization

Embraer-X is the Brazilian airframer's technology incubator and 'market accelerator' unit
Sustainable Aero Lab in Hamburg, Germany
Finance, Taxes, Insurance

Airbus Teams With Aircraft Lessor LCI on Advanced Air Mobility

LCI will explore leasing options for the CityAirbus NextGen eVTOL aircraft
LCI CityAirbus NextGen
Finance, Taxes, Insurance

LCI: Offshore Squeeze Will Continue

Shortage of lift for offshore energy will continue in the short-term
LCI
Finance, Taxes, Insurance

Global Jet Capital Sees Positive Signs for Business Aviation

The finance and leasing group predicts a return to normal for the business aviation market
Bombardier Global G6500
Finance, Taxes, Insurance

LCI Considers eVTOL, Infrastructure Lease Bundles

The leasing group has signed MOUs for 165 eVTOL aircraft
Beta Technologies Alia 250 aircraft
Charter & Fractional

Amber Raises Funds for Asian Fractional Ownership Program

NetJets is among the Chinese company's investors
Amber Aviation
Finance, Taxes, Insurance

IRS Stepping Up Scrutiny on Personal Bizjet Use

NBAA's Bolen calls audits attempt to paint corporations with negative brush
IRS Building Exterior
Rotorcraft

LCI Orders 21 New Leonardo Helicopters

The deal includes AW139, AW169, and AW189 models
LCI helicopter fleet
Finance, Taxes, Insurance

MOU with The Hague Puts Singapore in Center of Aviation Mediation in Asia

Singapore will collaborate on the first specialized mediation framework for the aviation industry in Asia
The Hague CAA and the Singapore International Mediation Centre signing
Aircraft

Strong Deliveries Boost Pilatus' Financial Results

The Swiss manufacturer delivered growing numbers of PC-12s and PC-24s in 2023
Pilatus PC-24 business jet
Aircraft

ATR Sees 2023 Sales and Deliveries Surge

ATR delivered 36 aircraft in 2023
ATR 2023 market dynamics chart
Finance, Taxes, Insurance

South Florida Bizav Org Raises $50K for Charity, Scholarships

Annual event has raised $450,000 since 2003
The South Florida Business Aviation Association reported that it had raised $52,167 for charities and scholarship opportunities at its Charity Golf Classic in 2023.
Finance, Taxes, Insurance

Global Jet Capital Tops $4 Billion Aircraft Financing Mark

GJC celebrated its first decade of business
Global Jet Capital CEO Vivek Kaushal
Finance, Taxes, Insurance

Gama Aviation To Acquire UK’s Specialist Aviation Services

Deal valued at nearly $355,000
Environment

Startup Looks To Accelerate Sustainable Aviation Fuel Market

The Ireland-based company brings expertise in aviation, renewable fuels, finance, and climate science
Neste's Rotterdam renewable fuel refinery
Rotorcraft

Bell Textron's 4Q23 Results Surpass Projections

Bell's profit totaled $320 million last year, compared with $282 million in 2022
Bell 505
Aircraft

Textron Sees Profits and Backlog Grow, Despite Revenue Dip

Textron Aviation delivered 50 jets and 44 commercial turboprops in Q4 2023
Textron Aviation Citation CJ3
Regulations and Government

Lawmakers Move To Bring Back 100 Percent Bonus Depreciation

The bipartisan tax agreement also would restore R&D expensing
Legacy 450 First Flight Melbourne
Aircraft

Dassault Falcon Orders, Deliveries Dip in 2023

Deliveries of the newly certified Falcon 6X did not start until late November
Dassault Falcon 6X business jet
Finance, Taxes, Insurance

AINsight: Strategies To Manage Aircraft Financing Costs

Cash might be king, but financing still often makes the most sense for business aircraft purchases
cash and business jet
Finance, Taxes, Insurance

Guernsey's 2-Reg Aircraft Registry Marks 10th Anniversary

Guernsey is a British Crown Dependency and part of the Channel Islands
A private jet registered in Guernsey
Training and Workforce

Global Aerospace Adds FlightSafety, GE to SM4 Program

Partnership allows policyholders to receive data-driven, scenario-based flight training
FlightSafety International G550 simulator training
Environment

Luxaviation Accelerates Decarbonization with 'Go-to-Zero' Fund

The aircraft operator says it now aims to achieve net-zero carbon by 2030
Luxaviation operates private aircraft
Finance, Taxes, Insurance

Court Approves Air Methods Bankruptcy Plan

Air Methods to receive $185 million under reorganization plan
Article image
Finance, Taxes, Insurance

Jet Buyers Still Finding Financing among Higher Interest Rates

Cash is still king, but financing is available
Illustration of Jet and business men
Engines

Rolls-Royce To Exit Electrical Propulsion Business

The aircraft engine maker is looking for buyers for its Electrical division
Vertical Aerospace VX4 eVTOL prototype aircraft in untethered remotely piloted flight tests.
Finance, Taxes, Insurance

FlyExclusive Signs On to Jetquity Residual Value Program

Jetquity will provide $350 million in residual value guarantees for flyExclusive's fleet
FlyExclusive CJ3+ (Photo: FlyExclusive)
Finance, Taxes, Insurance

Protest Damage and Illegal Charters Fuel Insurance Concerns

Business aviation professionals urged to consider indemnity liability insurance
Letze Generation protestors damage a Citation CJ1+ aircraft at Sylt Airport in Germany.
Finance, Taxes, Insurance

Bombardier To Retire Senior Notes and Issue New Notes

Plans to issue new notes come after strong projections for 2023
Article image