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
Global Jet Capital Exceeds $3.5B in Aircraft Financing
Just nine years after its founding, Global Jet Capital has surpassed $3.5 billion in financing to users of new and preowned business jets.
Environment
Global Aerospace Offers Sustainability Path with 4Air
In a tie-up with 4Air, aviation insurer Global Aerospace is now offering a range of sustainability programs for its clients.
Finance, Taxes, Insurance
Airbus Bullish on Rotorcraft Market as Earnings Grow
Growing demand in the private and business aviation sectors are key factors in the manufacturer's expectations for recovery in the helicopter market.
Aircraft
Airbus Sustains Recovery Despite Russia War Headwinds
The European aerospace and defense group's CEO Guillaume Faury warned it will face more complexity and disruption risk during 2023.
Finance, Taxes, Insurance
Brighter Market Outlook Prompts Airbus To Upgrade Helicopters
The next two decades will see rising rotorcraft demand across multiple sectors, according to the latest market forecast from Airbus Helicopters.
Finance, Taxes, Insurance
Milestone Leases Back Bristow Search-and-rescue Deal
Milestone will lease six helicopters to Bristow in support of a search and rescue contract with the Netherlands Coast Guard.
Airlines
SriLankan Airlines Chases Foreign Income with Route Reboot
The state-owned carrier may once again be partly privatized as the Sri Lankan government deals with fallout from a financial crisis.
Airlines
IAG Relaunches Plan to Acquire Spain's Air Europa
The European airline group's move appears to be part of a new wave of consolidation in the industry that will be subject to regulatory scrutiny.
Airlines
Lufthansa Eyes TAP Acquisition As Talks Continue Over ITA Deal
The German group achieved a financial turnaround in 2022 recording a €1.5 billion operating profit, even though most of its airlines remained loss-making.
Aircraft
AerCap Sees Aircraft Delivery Delays Lasting ‘Several’ Years
The world’s largest commercial aircraft lessor says traffic growth and a curtailed supply environment will drive lease transactions and higher rates.
Aircraft
Tight Helicopter Market In Hover
Pent-up demand erupts as supply chain problems continue in the helicopter market.
Aircraft
Airo Group Commits to SPAC-backed Nasdaq Listing
The U.S. group includes eVTOL aircraft developer Jaunt, Aspen Avionics, and several drone operations and flight training subsidiaries.
Finance, Taxes, Insurance
Milestone in New Five-ship Lease Deal With Aramco
Milestone is leasing three new AW139s and two H145s to Aramco.
Finance, Taxes, Insurance
MD Helicopters Settles Copyright Case With Aerometals
The companies have agreed to work together to resume supplies of components and parts made by Aerometals for MD's rotorcraft.
Finance, Taxes, Insurance
Babcock Will Lease AW139s for Emergency Medical Flights
Leasing group LCI will deliver the twin-engined helicopters in early 2024 to Babcock's operation in Australia.
Finance, Taxes, Insurance
Aero Asset: Twin Helicopter Market Remains Tight
Transactions and supply are down for used twin-engine helicopters, according to consultancy Aero Asset.
Finance, Taxes, Insurance
HAI Program Simplifies Pilot Training and Check Tasks
Helicopter Institute will oversee all pilot training and evaluations, including scheduling, tracking, and verifying proficiency and competency.
Finance, Taxes, Insurance
NBAA Reveals Annual Priorities for Owner Pilot Coalition
NBAA says addressing safety, costs, and supply chain are the key focuses of its owner pilot coalition for the year.
Aircraft
Ducommun Set To Acquire BLR Aerospace
Electronic and structural systems producer Ducommun believes its acquisition of BLR Aerospace will further boost its surging revenues.
Finance, Taxes, Insurance
New Lease Fund Targets Single-engine Helicopters
The Nova Vapital Light Aviation Debt Fund will concentrate on the single-engine helicopter market.
Aircraft
Helicopter Business Leaders Open the Door to eVTOLs
Speakers at this week's Helicopter Investor conference mainly see advanced air mobility technology as part of their future, but with some caveats.
Finance, Taxes, Insurance
AIAC Refutes Government Report on Canada’s Luxury Tax
The Aerospace Industries Association of Canada claims a government report underestimates the negative effects the new luxury tax will have on aviation.
Finance, Taxes, Insurance
Milestone Selling 12 Helicopters to Macquarie
A 12-helicopter sales deal between lessors Milestone Aviation and Macquarie Rotorcraft is a sign of "strong liquidity," the companies say.
Finance, Taxes, Insurance
Sumitomo Takes Large Stake In Helicopter Lessor LCI
Sumitomo Mitsui Finance, which acquired a 35 percent stake in LCI, intends to grow that business by $1.5 billion.
Charter & Fractional
Volato Floats $25 Million Debt Offering
Fractional provider Volato is raising $25 million to finance more HondaJets.
Finance, Taxes, Insurance
Used Business Aircraft Market Still Warm, but Cooling
Sandhills reports pre-owned aircraft inventories up and prices down, but still historically high.
Finance, Taxes, Insurance
Milestone Leases Five S-92s to North Sea Operator
Milestone is extending existing leases, placing more Sikorsky S-92s with Offshore Helicopter Services.
Finance, Taxes, Insurance
MySky Relocating EMEA Headquarters to Dubai
Business aviation spend management platform MySky is relocating its EMEA headquarters from Geneva to Dubai.
Airlines
Worsening War Risks Could Push Insurance Premiums Higher
The conflict in Sudan is adding to the pressure and uncertainty for airlines and their insurers resulting from Russia's invasion of Ukraine.
Cabin Interior and Electronics
Gogo Reducing Debt Load with $100M Loan Prepayment
By making a $100 million prepayment, Gogo is reducing its long-term debt to $612.3 million and saving about $8.5 million annually in interest charges.
