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.
Covid hit the civil side of Airbus's balance sheet hardest in 2020, but the European group said results would have been worse without prompt action.
IBA appraisers sees values of older airliners continuing to decline amid Covid pressure.
Companies operating out of the Gujarat International Finance Tec (GIFT) City will now enjoy tax incentives to lease aircraft to Indian airlines.
Helicopter services company Bristow continues fleet downsizing, quarterly losses.
Leasing enables a lessee to lawfully “operate” and thereby exercise “operational control” over an aircraft under the FARs.
The U.S. Export-Import Bank awarded its Deal of the Year recognition to Gulfstream for a sale of a G650 to a Czech customer.
NBAA is praising issuance of a pre-publication final rule by the U.S. IRS that clearly exempts managed business aircraft from federal excise taxes.
UK government negotiators are being urged to negotiate new bilateral agreements with all 27 European Union member states.
NBAA and NATA update members on the the 2021 tax changes and advised quick action on Covid relief programs.
The association says the tests must replace quarantines and that slot allocation waivers must be extended to allow for a slow air transport recovery.
