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
Icon Aircraft Files for Chapter 11 Bankruptcy
The restructuring process includes plans to sell the company
Finance, Taxes, Insurance
Aircraft May Be Exempted from Canada Luxury Tax
Finance committee says aircraft should not be included in luxury tax
Regulations and Government
AINsight: The Private Jet ‘Fair Share’ Triumvirate
The White House goes after bizav operators' taxes in three different ways
Engines
GE Aerospace Marks Independence with Spinoff of GE Vernova
The now standalone companies rang the opening bell together at the NYSE to mark the occasion
Finance, Taxes, Insurance
Chinese eVTOL Aircraft Developer TCab Raises $20 Million
Unnamed investor aims to introduce air taxis in the Middle East
Avionics
Honeywell Makes Offer for Autonomous Tech Group Civitanavi
Proposed deal is part of the U.S. aerospace group's plan for the advanced air mobility sector
Aircraft
Nasdaq-listed XTI Advances Turbine-powered VTOL Aircraft
The company says hybrid-electric propulsion does not deliver sufficient payload and range
Finance, Taxes, Insurance
Private Equity Group Buys UK Airframer Britten-Norman
New investment promised for the Islander family of utility aircraft
Charter & Fractional
Digital Checkout Added to Charter Flight Quote Platform
Software integration expected to streamline flight quote and payment process
Finance, Taxes, Insurance
Early eVTOL Aircraft Deliveries Boost EHang's Revenues
Chinese company prepares to certify the larger, longer-range VT30 eVTOL model
Finance, Taxes, Insurance
Aviation Groups Oppose Tax Increases on Business Aircraft
Organizations say higher taxes will harm business aviation industry
Aircraft
Vertical's Second VX4 eVTOL Aircraft Almost Assembled for Flight Testing
UK company wants to complete type certification in 2026.
Finance, Taxes, Insurance
World Kinect Agrees To Sell Avinode to Camp Systems
The deal is for $200 million in cash and includes software that serves FBOs
Finance, Taxes, Insurance
NBAA Chief: Business Aviation Under Attack
Urges community outreach to oppose proposed measures
Finance, Taxes, Insurance
Argus, Mosaix Sign Flight Software Integration Deal
The two companies will link their respective TraqPak and Avman platforms
Finance, Taxes, Insurance
Leonardo Chases Growth in Five-year Business Plan
The Italian group will invest in digital technology, while also consolidating and seeking cost savings
Charter & Fractional
WingX Sees Stagnant Bizav Flight Activity Year-to-date
Global flights were down around 3 percent year-on-year in the first two months of this year
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.
Environment
Embraer-X and Sustainable Aero Lab Push Decarbonization
Embraer-X is the Brazilian airframer's technology incubator and 'market accelerator' unit
Finance, Taxes, Insurance
Airbus Teams With Aircraft Lessor LCI on Advanced Air Mobility
LCI will explore leasing options for the CityAirbus NextGen eVTOL aircraft
Finance, Taxes, Insurance
LCI: Offshore Squeeze Will Continue
Shortage of lift for offshore energy will continue in the short-term
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
Finance, Taxes, Insurance
IRS Stepping Up Scrutiny on Personal Bizjet Use
NBAA's Bolen calls audits attempt to paint corporations with negative brush
Finance, Taxes, Insurance
LCI Considers eVTOL, Infrastructure Lease Bundles
The leasing group has signed MOUs for 165 eVTOL aircraft
Charter & Fractional
Amber Raises Funds for Asian Fractional Ownership Program
NetJets is among the Chinese company's investors
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
Aircraft
Strong Deliveries Boost Pilatus' Financial Results
The Swiss manufacturer delivered growing numbers of PC-12s and PC-24s in 2023
Finance, Taxes, Insurance
South Florida Bizav Org Raises $50K for Charity, Scholarships
Annual event has raised $450,000 since 2003
