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
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.
Finance, Taxes, Insurance
AIA Conference
This year’s Aviation Insurance Association (AIA) conference, held from April 28 to May 1 in Palm Springs, Calif., convened in the atmosphere of an aircraft
Finance, Taxes, Insurance
Fortis offers structured finance to buy a plane
Given the bucks or the ability to borrow them, buying a business jet ought to be a straightforward affair.
Finance, Taxes, Insurance
Citi helps buyers finance their business jets
The boom in demand for business jets is inevitably pushing prices skyward, and Citi Private Bank is here (Booth No.
Finance, Taxes, Insurance
Jetalliance offers new kind of aircraft lease
Austrian-based operator Jetalliance announced here on Tuesday that it is now offering what it claims to be a new kind of business aircraft financing called
Finance, Taxes, Insurance
New jet financing firm is created
Guggenheim Partners and UBS have formed Guggenheim Aero Finance, a corporate jet financing company that will combine worldwide reach with a streamlined app
FBOs
Gestair to invest $115 million in its fleet
Gestair Private Aviation has announced a $115 million investment over the next four years to further expand its 30-aircraft fleet.
Finance, Taxes, Insurance
Isle of Man registry a ‘M-ONEY’ shelter
A new European aircraft registry designed specifically for corporate jets–which promises a high level of service and competitive rates–has a range of M-pre
Regulations and Government
Corporate jet deductions in Congress’s crosshairs
Personal use of corporate aircraft is coming under increasing attack by Congress.
A bill has been submitted in the House of Representatives that seeks
A bill has been submitted in the House of Representatives that seeks
Finance, Taxes, Insurance
Bonus tax benefit bill may soon become law
The House of Representatives approved the American Jobs Creation Act of 2004 (H.R.4520) on June 17, paving the way for a one-year extension of the time all
Finance, Taxes, Insurance
VLJ insurance firms focus on pilot training
As deliveries of very light jets (VLJs) begin, concerns that they might be difficult to insure have almost evaporated.
Finance, Taxes, Insurance
USAIG contribution to training tops $2.5 million
Over the last seven years, U.S.
Finance, Taxes, Insurance
Boeing selling bizjet finance unit
At press time, Boeing was close to concluding a deal in which it will be selling its business-jet finance division.
Charter & Fractional
Tax seminar for air taxis on tap
A tax seminar specifically geared toward Part 135 air-charter operators will be held on May 17 in Las Vegas in conjunction with the National Air Transporta
Finance, Taxes, Insurance
Updated State Tax Guide available on CD-ROM
Want to know what your aviation state taxes are being used for, how to apply for refunds and other tax details? Then you might want to check out the 2004 S
Regulations and Government
California shuts tax law loophole
California has amended its aircraft sales and use tax law, essentially closing a loophole that allowed buyers of aircraft and other big-ticket items to esc
Finance, Taxes, Insurance
DOT IG Supports Current FAA Funding Method
The Inspector General of the DOT says that as long as Congress continues to mandate funding the FAA out of general tax funds, aviation taxes can fully pay
Finance, Taxes, Insurance
The inside track on acquisition planning
With so many choices available to companies and individuals contemplating alternatives to airline travel, what’s a business owner or prospective flight dep
Finance, Taxes, Insurance
IRS revisits personal use of aircraft
Although an article in The Washington Post last month implied that the Internal Revenue Service now sanctions the extensive personal use of compan
Finance, Taxes, Insurance
Editorial: FAA resource management
The FAA’s budgetary woes are but one symptom of the U.S.
