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.

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Cirrus Aircraft Set To Go Public with Hong Kong Listing

The U.S.-based, China-owned general aviation manufacturer is looking to raise further capital for expansion plans through an initial public offering.

Cirrus Aircraft Vision Jet

Surf Air Mobility To Go Public on NYSE

Flight booking platform Surf Air plans to list its stock in an initial public offering on the New York Stock Exchange.

Finance, Taxes, Insurance

business people boarding surf air Pilatus PC-12

Prepping for Business Aviation's New Normal: Protests

An EBACE panel discussion partly focused on the fall-out from Tuesday's protests against business aviation and France's new ban on domestic flights.

Avinode Set to Simplify Online Charter Booking Process

Operators and brokers will be able to present clearer options for their clients and conduct all aspects of transactions in one place online, Avinode said.

Charter & Fractional

Avinode says more charter customers are using its platform to find flights.

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MySky Debuts Charter Procurement Software

MySky is introducing a procurement tool for charter providers, the latest addition to its suite of revenue management software.

MacBook displaying MySky's Procure software

New Charter Procurement Software Tool from MySky Bows

MySky debuts procurement tool for charter providers, the latest in its suite of spend and revenue management software solutions.

Global Jet Capital Predicts Bizjet Pullback before Climbout

The business jet market is taking a breather after a rapid buildup during the Covid pandemic, according to Global Jet Capital.

Finance, Taxes, Insurance

Capital Costs and Skills Shortage Challenge UK Aerospace

The country's ADS trade association says members are struggling to invest due to high interest rates and inflation, as Brexit headaches continue.

Finance, Taxes, Insurance

Airbus UK airliner wing factory at Broughton in north Wales.

AINsight: Aircraft Finance Losing Altitude in Bank Crisis

Despite recent bank casualties and market volatility, most financiers can and will continue to finance private aircraft—but under stricter terms.

Finance, Taxes, Insurance

Air Charter Assoc Expands Broker Qualification Training

The industry group held its first training session outside the UK, staging an event for 28 industry professionals from 10 different countries.

Charter & Fractional

Attendees at the Air Charter Association Level 1 brokers course held in Munich, Germany.

Wheels Up Founder Kenny Dichter Steps Down as CEO

Dichter will retain a seat on the board, with CFO Todd Smith taking over as CEO and current board member Ravi Thakran appointed as executive chairman.

Charter & Fractional

Wheels Up founder Kenny Dichter

Receivership Commissioners Seek More Bids for Piaggio

Several attempts have been made to find a new owner for the maker of the Avanti Evo aircraft, since the company entered bankruptcy protection in 2019.

Nose view of Piaggio Avanti Evo on airport taxiway

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.

Cabin Interior and Electronics

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.

MySky Relocating EMEA Headquarters to Dubai

Business aviation spend management platform MySky is relocating its EMEA headquarters from Geneva to Dubai.

Finance, Taxes, Insurance

Skyline of Dubai at sunset

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

Milestone Aviation Group has signed lease agreements with Offshore Helicopter Services UK Limited for five Sikorsky S-92 helicopters.

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

partial view of business jet looking from front of wing back toward engine and tail

Volato Floats $25 Million Debt Offering

Fractional provider Volato is raising $25 million to finance more HondaJets.

Charter & Fractional

Tight Helicopter Market In Hover

Pent-up demand erupts as supply chain problems continue in the helicopter market.

Med Rescue Agusta AW139 helicopter in flight with crew at open side door

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.

Finance, Taxes, Insurance

digital rendering of fleet of LCI aircraft in flight

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