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.
After years of advocacy by the bizav industry, the U.S. IRS recently shifted its position on federal excise taxes largely in favor of aircraft owners.
Massachusetts legislators are floating bills that would impose a landing fee on general aviation aircraft and repeal a sales tax exemption for aircraft.
The 50-50 joint venture between ST Engineering and Tamasek will focus on narrowbody P2F conversions.
The European airframer expresses the need to change the “unhealthy” market balance between itself and Boeing in the all-cargo aircraft market.
Business, personal, and other general aviation aircraft are set to be included in the Canadian government’s luxury tax that goes into effect next year.
Funding for aircraft acquisitions will continue unabated as the pandemic eases, according to Boeing’s latest finance forecast.
The government of Canada will own a portion of the flag carrier under a provision of a C$5.879 billion aid package.
The European Commission has approved the French bailout of Air France subject to conditions, including surrender of 18 daily slots at Paris Orly Airport.
MySky Budget is based on the company's existing spend management platform, calculating projected costs based on some 30 million data points.
The Swedish government will introduce takeoff and landing charges to encourage airlines to use more fuel-efficient aircraft with lower emissions.