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.
MySky and myairops announce at EBACE platform integration, bringing greater cost transparency to flight operations
Business aviation traffic and demand are generally still strong, but rising costs and economic uncertainty are all too visible, said the analysts at WingX.
Technology provider MySky has updated MySky Spend, its AI-driven financial control product.
The Turkey-based aviation services group is expanding its Gozen Digital Aviation software division, by acquiring the Operators/OpsMan tools from Jeppesen.
The firm says current buy-sell dynamics make for the best market it has ever been involved in.
AerCap registers a $2 billion loss during the first quarter due to write-offs of aircraft and engines in Russia.
Argus International introduced a new FBO audit service at EBACE and reported strong post-Covid European charter numbers.
Leasing company Residco is making a move into the light aircraft leasing business and plans to serve flight schools and university flight programs.
IATA says the fall-out from Russia's invasion of Ukraine has been relatively limited, with the exception of rising fuel prices and risks to leasing assets.
Helicopter lessor LCI now has 38 aircraft in a joint venture with Sumitomo Mitsui Finance and Leasing Company.