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
Archer and Joby Build Momentum in Last Stretch to eVTOL Service Entry
U.S. advanced air mobility frontrunners announce second-quarter results
Charter & Fractional
Wheels Up Cuts Losses and Smoothes Operations in 2Q
Private flight provider says profitability can be achieved by the end of 2024
.jpg?h=8c1344d8&itok=zykTw0T1)
Finance, Taxes, Insurance
Guardian Jet Launches Light Business Aircraft Division
The company is well-known in the large aircraft sales segment
Finance, Taxes, Insurance
Battery Group CATL Invests in AutoFlight's eVTOL Aircraft Plans
The Chinese companies will work together to develop batteries supporting longer range and higher payloads for aircraft
Rotorcraft
Helicopters Contribute To Strong Growth at Leonardo
Orders, revenues, and earnings grew during the first six months of 2024
Finance, Taxes, Insurance
New Liability Insurance Option for Aviation Contractors
Insurance underwriter Worldlink Specialty and Oneglobal Broking introduced the new AeroPro liability insurance product
Aircraft
Bombardier Deliveries, Service Revenues Jump in Second-quarter 2024
Supply chain remains a headwind, particularly with engines
Finance, Taxes, Insurance
Avolon and Airbus to Explore Financing for Zero-Emission Flight
Financing and leasing are key to making hydrogen-powered commercial flight a reality
Aircraft
Asian Sales Group Plans to Buy VoltAero Cassio Hybrid-Electric Aircraft
Global Sky signed a memorandum of understanding for 15 of the five- to 12-seat aircraft
Rotorcraft
Bell Helo Deliveries Dip Slightly in Second Quarter
Bell delivered 32 commercial helicopters in the quarter
Finance, Taxes, Insurance
2Q Revenue, Profits Grow at Textron Aviation despite Flat Jet Shipments
Company delivered 42 jets, 22 Caravans, and 21 King Airs in the quarter
Finance, Taxes, Insurance
Eve Raises $94 Million in Fresh Funding for eVTOL Aircraft
In the same week, rival Archer raised $55 million from existing backer Stellantis
Finance, Taxes, Insurance
Jefferies: Used Bizjet Inventory Climbs 18% YOY
But overall inventory is still low compared to pre-pandemic times
Finance, Taxes, Insurance
Arc Aerosystems Lands Saudi Backing for New Aircraft
The UK start-up is working on a jump takeoff gyroplane and a pair of eVTOL aircraft
Finance, Taxes, Insurance
Consultants Offer Sober Assessment of eVTOL Viability
This week's Revolution Aero conference assessed the hype around the new sector of aviation
Finance, Taxes, Insurance
Top Bizav Attorney: IRS Audits 'Something Industry Hasn't Seen Before'
IRS has launched first half-dozen audits
Aircraft
IADA Recognizes Starling with Lifetime Achievement Award
Starling is the executive director of the association
Aircraft
Lilium Manages Cash Flight Path to eVTOL Aircraft Certification
The German company has also established a business unit in Shenzhen, China
Finance, Taxes, Insurance
Volocopter Says It Has Funding To Complete Certification of eVTOL Aircraft
The company will not disclose which of its existing investors have committed to provide new funding
Aircraft
Revolution.Aero Draws Advanced Air Mobility Leaders to London
Electric aircraft developers will face scrutiny from independent analysts and the financial community
Charter & Fractional
China's Shanxi Province Will Fly Tourists in EHang's eVTOL Aircraft
An agreement calls for up to 500 of the two-seat pilotless aircraft to be delivered
Maintenance and Modifications
JSSI's Support for Business Aviation Keeps Growing
The company has been in business for 35 years and has added new services in recent years
Finance, Taxes, Insurance
Jetcraft Sees Grounds for Optimism in Preowned Bizjet Market
"No longer a knife fight in a phone booth," said Jetcraft president and CEO Chad Anderson
Finance, Taxes, Insurance
AINsight: 1,000 Times One Is Still 1,000
What does it take to succeed in the aircraft brokerage business?
Finance, Taxes, Insurance
German Officials Start Due Diligence For Lilium's Loan Guarantees
New funding of at least €100 million may soon be released for the eVTOL aircraft manufacturer
Finance, Taxes, Insurance
France May Provide Funds for Lilium eVTOL Aircraft Production Line
The German company is in negotiations with French officials over subsidies and loan guarantees
Fuel
Oxford Airport Begins Selling SAF, To Open Synthetic Fuel Plant
London-area airport is stepping up efforts to decarbonize business aviation
Aircraft
Archer Expects To Cut eVTOL Aircraft Development Costs in Q2
Q1 expenses were bloated by non-recurring payments to suppliers and lawsuit charges
Charter & Fractional
SkyShare Lowers Frax Down Payments and Monthly Fees
Fleet now includes aircraft ranging in size from the Pilatus PC-12 to Gulfstream's G450
