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.
Charter & Fractional
Charter brokers hunt for new clients
Demand for executive aircraft charter continues to be softened by depressed trading activity in the financial community, which has previously been a core m
Finance, Taxes, Insurance
Russia may repeal bizjet import taxes
Currently, 30 dedicated Russian business aviation companies operate about 50 business jets, mostly converted Tupolev Tu-134s, Yakovlev Yak-40s and Yak-42s
FBOs
Cessna fuel card promises savings
Cessna Aircraft chairman and CEO Russ Meyer (right) and Avfuel Corp.
Finance, Taxes, Insurance
Global Aerospace To Offer Insurance for Eclipse 500
Eclipse Aviation announced that it will partner with underwriter Global Aerospace Underwriters to provide hull and liability insurance to owners of owner-f
Finance, Taxes, Insurance
Insurance rates continue to soar
Following last September 11, aircraft owners and operators began bracing for massive hikes in insurance coverage and changes in the limits of that coverage
Finance, Taxes, Insurance
Life insurance for pilots: it’s time to review policies
If aviation insurance news has been mostly bad since September 11, there is still one small bright spot in the industry.
Finance, Taxes, Insurance
Global to offer insurance for Eclipse 500
Insurance underwriter Global Aerospace will partner with Eclipse Aviation, manufacturer of the Eclipse 500 personal jet, to provide hull and liability insu
Finance, Taxes, Insurance
Travelers’ Offers Program for Corporate Fliers
Travelers’ aviation unit last month introduced a new workers compensation insurance program for corporate flight departments.
Finance, Taxes, Insurance
FAA nets small increase in 2003 budget funding
The President’s Budget of the United States has usually been delivered by the Government Printing Office to Congress bound in a sober, solid navy.
Finance, Taxes, Insurance
The 2003 Budget: From the Outside Looking In
The 2003 Budget in Brief is, as the title implies, brief, but its complexity still leads the aviation alphabet groups to cherrypick for comment, while news
Finance, Taxes, Insurance
Conklin & de Decker Offers 2008 Tax Guide
Conklin & de Decker last month released the 2008 State Tax Guide for General Aviation.
Finance, Taxes, Insurance
USAIG marks milestones as underwriter and bizav operator
July 1 is the 75th anniversary of United States Aviation Insurance Group, better known as USAIG.
Finance, Taxes, Insurance
European airspace users may have to beef up their insurance
All aircraft using European airspace are facing the prospect of having to carry minimum levels of third-party liability insurance.
Finance, Taxes, Insurance
Terrorism risk insurance now available
Barely into the new year, aircraft owners and operators are opening letters from their insurance companies offering additional coverage for acts of terrori
Finance, Taxes, Insurance
Insurance losses down
According to London-based insurance adjuster Airclaims, from an insurer’s point of view 2002 was a fairly “benign” year, with hull and liability losses of
Finance, Taxes, Insurance
Bank of America Adds Preferred Provider
Long Island-based jet charter and management company ExcelAire has been selected to join Executive Jet Management, Jet Aviation and Jet Direct as a partner
Finance, Taxes, Insurance
Travelers Expands Corporate Flight Coverage
Atlanta-based Travelers Aviation announced last month that it will expand its corporate flight coverage to include hull and liability insurance for Part 13
Finance, Taxes, Insurance
Depreciation benefit bill clears all hurdles
Both houses of Congress passed a bill that extends until December 31 next year the “placed-in-service” deadline for business aircraft purchased on or befor
Finance, Taxes, Insurance
Tax law tightens deduction rules
When President Bush last month signed a tax law that extends the “placed-in-service” deadline to the end of next year for new aircraft buyers to qualify fo
Finance, Taxes, Insurance
Travelers Expanding Bizav Insurance Coverage
Travelers’ Atlanta-based aviation division yesterday announced that it will be expanding its corporate flight coverage to include hull and liability insura
Finance, Taxes, Insurance
Aviation Finance
What a difference a year makes.
In AIN’s annual report on aviation finance last year (October 2006, page 38), lenders expected 200
In AIN’s annual report on aviation finance last year (October 2006, page 38), lenders expected 200
Aircraft
Real-estate developer plans to resurrect vantage
Matt Eller, an Ames, Iowa real-estate developer, acquired the intellectual property of bankrupt VisionAire on October 2 for $441,000 and, under company nam
Finance, Taxes, Insurance
Insurance rates to stabilize as availability shrinks
Corporate aviation operators at all levels received good and bad news from insurance representatives at the 26th annual Aviation Insurance Association conf
Finance, Taxes, Insurance
GECAS’ RJ ultimatum backs pilots into corner
GE Capital Aviation Services has amplified threats to withdraw its regional jet financing deals with US Airways if pilots do not accept a revised letter of
Finance, Taxes, Insurance
Insurance rates flatten, though only for some
Insurance premiums for professionally flown corporate aircraft have decreased slightly off their peaks of last year, but charter and helicopter operators a
Finance, Taxes, Insurance
As economy picks up, so too will aviation financing rates
Unlike insurance rates, which are decreasing slightly or at least stabilizing, aviation financing rates have apparently bottomed out and were on the rise l
Finance, Taxes, Insurance
FAA, IRS don’t regulate in the same language
“The FAA, and the IRS…they really don’t think alike,” began tax attorney Gary Garofalo, first speaker at the NBAA Federal Aviation Tax Forum in Arlington,
Finance, Taxes, Insurance
Center Capital Enters Aircraft Financing
Webster Bank’s Center Capital of Waterbury, Conn., has formed a general aviation finance division headquartered in Dallas.
Finance, Taxes, Insurance
Life insurance for bizav pilots: separating fact from fiction
In a world of uncertainty, life insurance remains a priority for many business aviation pilots.
Finance, Taxes, Insurance
Software steers clients through complex decision-making straits
The process for deciding whether or how to buy a business aircraft is fraught with seemingly incalculable factors and subjective considerations.
