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.
Airports
London Biggin Hill Airport Sees More Potential for Economic Impact
A new economic study shows increased added value and jobs
Finance, Taxes, Insurance
Monte Will Add Regent's Sea Gliders to Lease Portfolio
An agreement signed at CoMotion Miami has a reported value of $300 million
Aircraft
Airbus Research Highlights Factors Driving New Bizjet Buys
Buyers want lower operating costs, greater fuel efficiency, and new technology
Finance, Taxes, Insurance
Business Jets Drive Strong Q1 Revenues at Embraer
The cost of production rate increases dragged on earnings for the Brazilian group
Finance, Taxes, Insurance
Vertical Appoints New CEO To Bring eVTOL Aircraft to Market
Stuart Simpson is currently the UK start-up's CFO
Finance, Taxes, Insurance
Canada Keeps Aircraft under Luxury Tax Umbrella
Tax is estimated to have caused the loss of 3,800 jobs and $1.1 billion in revenues
Finance, Taxes, Insurance
German Politicians Stall eVTOL Loan Guarantee Approvals
Bavaria has blocked support for Volocopter and Lilium
Rotorcraft
Bell Helicopter Shipments Lag in 1Q2024
Bell delivered 18 commercial helicopters in the quarter, down from 22 delivered a year ago
Finance, Taxes, Insurance
Textron Aviation: Jet Shipments Steady, Turboprops Decline
Division delivered 36 jets in the first quarter, up slightly from a year ago
Regulations and Government
IRS Chief Expresses Concern about Business Aircraft Deductions
Werfel told Congress IRS resources had been 'stretched thin' in the area of bizjet deduction compliance
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Finance, Taxes, Insurance
Used Jet Inventories on the Rise: Jefferies
The current inventory is still well below recent peaks
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Regulations and Government
AIA Calls for Passage of Tax Act with R&D Expensing Fix
A 2022 tax change altered the way businesses deduct R&D expenses
Finance, Taxes, Insurance
Jet Card Hourly Rate in Holding Pattern during 1Q
Hourly rates, callouts, and peak days stayed constant
Finance, Taxes, Insurance
Aircraft May Be Exempted from Canada Luxury Tax
Finance committee says aircraft should not be included in luxury tax
Aircraft
Icon Aircraft Files for Chapter 11 Bankruptcy
The restructuring process includes plans to sell the company
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
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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
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