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
Bank of America Forms Bizav Finance Division
Bank of America last month formed the Corporate Aircraft Finance Division, a group that combines The Private Bank’s Aviation Finance Division with the Bank
Finance, Taxes, Insurance
Revised SIFL Rates Are in Effect
The current Standard Industry Fare Level (SIFL) rates in effect from July 1 through December 31 are: 0 to 500 sm–$0.1926; 501 to 1,500 sm–$0.1469; and more
Regulations and Government
User fees get cool reception on the Hill
Calls to institute user fees to help pay for FAA expenditures in the future continue to generate little support in Congress, as evidenced by a hearing befo
Regulations and Government
Foundation proposes user fees, but not for piston GA aircraft
The libertarian Reason Foundation, which has been promoting privatization for more than 25 years, has published a new study calling for a user-fee sy
Finance, Taxes, Insurance
Committee approves beefier FAA budget
The House appropriations subcommittee on Transportation, Treasury and Housing has approved a Fiscal Year 2006 funding bill that includes $14.4 billion for
ATC
Inter-agency financing debate could delay progress on loran
They say that politics makes for strange bedfellows.
FBOs
FBOs want pilots to sign hold-harmless forms
In an attempt to limit their insurable losses and reduce premiums, some FBOs continue to ask transient pilots to sign hold-harmless forms.
Finance, Taxes, Insurance
Bizav groups see far-reaching implications for new tax rule
The 2004 American Jobs Creation Act could have entirely the opposite effect on business aviation due to an “overreaching” IRS interpretation that’s causing
Regulations and Government
FAA readies for budget crunch
If there’s one thing that FAA COO Russell Chew has going for him as he faces $8.3 billion in budget losses by 2009, it’s that he has lots of people on the
Finance, Taxes, Insurance
Legislation aims to restore funds for aeronautics R&D
Before it adjourned for its summer recess, the House of Representatives overwhelmingly voted to authorize an extra $1.3 billion for NASA over the next two
Finance, Taxes, Insurance
FAA searches for new funding source
Although the FAA is not yet advocating new taxes or user fees, the agency continues to emphasize that it needs a consistent, stable revenue stream that is
Finance, Taxes, Insurance
EU considers charging emissions fees
Within a decade, aircraft operators flying in the airspace of the 25-state European Union (EU) will likely have to start paying for carbon dioxide (CO2) em
Finance, Taxes, Insurance
Aviation Finance
A common admonition to investors is to regard a stock’s past performance as no guarantee of future results.
Airports
Unique Local Tax Credit Plan Continues
A plan implemented last year to offset the city and county tax burden on airplane owners at Pitt-Greenville (N.C.) Airport has attracted more aircraft owne
Finance, Taxes, Insurance
Exec perks subject of SEC proposal
More detailed reporting of top executive compensation, including such perquisites as personal use of corporate aircraft, is the aim of new proposals from t
Regulations and Government
N.Y. Senate passes tax exemption bill
New York’s state Senate passed legislation (S.3655) sponsored by Sen.
