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.
As a complementary feature, a new maintenance advice hotline was established to help diagnose aircraft problems when away from home base.
Significant tax benefits and other changes must be considered before making a business aircraft purchase, sale, lease or management arrangement.
The company, founded in 1928 by a pair of World War I aviators, has grown into one of the industry's leading underwriters.
Worldwide group says local offices for charter sales, and central broker desk in Luton, has worked well.
SM4 continues to expand by providing targeted subject matter experts and financial support to the aerospace sector.
Owners of aircraft older than 15 to 20 years need to realize that they might be the last owner of the airplane.
Provision directly responds to a March 2012 IRS Chief Counsel Advice Memorandum that concluded management fees were subject to 7.5 percent tax.
Finance is gaining traction
Iran at last starts to receive Western airliners as sanctions are lifted but is looking East for military aircraft.
Middle East lessors are starting to gain business beyond the region, with Alafco notably gaining its first U.S. airline customer.