Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.
New European Union minimum liability insurance standards that took effect April 30 are causing some U.S.-based operators to rethink their trips to Europe.<
With the airlines arguing that they pay for more than 90 percent of the ATC system but don’t account for 90 percent of its use, and with the FAA confirming
A vibrant level of new aircraft deliveries, strong sales of used aircraft, low interest rates and competition among lenders have provided banks and other c
For aircraft financers, insurance and the stability of the OEM are the main concerns when they consider the very light jets (VLJs), three of which are work
Like the flu and other nasty bugs, the user-fee virus is making its periodic appearance as Congress considers FAA reauthorization, up for renewal in 2007.
Former insurance competitors Aero Insurance and AirSure have merged to form what officials say is now the “largest general aviation insurance broker in the
Business aviation groups welcomed a letter from the FAA to the commissioner of internal revenue asking him to suspend implementation of new fuel tax rules
Republican lawmakers have taken steps to shelve new tax rules in the 2005 Highway Bill designed to discourage truckers from using jet fuel to avoid higher
Various aviation insurance professionals seem to agree that the overall market has stabilized with premiums still significantly higher than pre-9/11 levels
After sustaining losses of C$116 million ($91.4 million) after 9/11, Nav Canada, the private, non-share corporation that owns and operates Canada’s civil a
Bank of America last month formed the Corporate Aircraft Finance Division, a group that combines The Private Bank’s Aviation Finance Division with the Bank
The current Standard Industry Fare Level (SIFL) rates in effect from July 1 through December 31 are: 0 to 500 sm–$0.1926; 501 to 1,500 sm–$0.1469; and more
Calls to institute user fees to help pay for FAA expenditures in the future continue to generate little support in Congress, as evidenced by a hearing befo
The House appropriations subcommittee on Transportation, Treasury and Housing has approved a Fiscal Year 2006 funding bill that includes $14.4 billion for
The 2004 American Jobs Creation Act could have entirely the opposite effect on business aviation due to an “overreaching” IRS interpretation that’s causing
If there’s one thing that FAA COO Russell Chew has going for him as he faces $8.3 billion in budget losses by 2009, it’s that he has lots of people on the
Before it adjourned for its summer recess, the House of Representatives overwhelmingly voted to authorize an extra $1.3 billion for NASA over the next two
Although the FAA is not yet advocating new taxes or user fees, the agency continues to emphasize that it needs a consistent, stable revenue stream that is
Within a decade, aircraft operators flying in the airspace of the 25-state European Union (EU) will likely have to start paying for carbon dioxide (CO2) em