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Business Aviation News

Deer Jet receives China’s first Boeing Business Jet

Boeing has delivered the first Boeing Business Jet in China to Deer Jet.

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Example of a hybrid lease

Lloyds offers a product where the lessee (the person or company using the aircraft) can benefit if the value of the aircraft at the end of the lease term (the residual value) is higher than originally forecast. The bank takes

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Lloyds Banking Group: Understanding aircraft and helicopters

Corprorate Jet Investor interviews Philip Roberts, head of aerospace and defence for Lloyds Banking Group’s Corporate Asset Finance Division.

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Alex Badran new international head at Bank of America

Banc of America Leasing global corporate aircraft finance hires Alex Badran in London to grow international sales.

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What to do when a good deal goes bad: Default, enforcement and repossession

No lender ever enters into a corporate jet deal expecting it to go wrong. But in tough markets corporate jet financiers need to be prepared to manage default and in the worst cases enforcement and repossesion.  Oliver Tebbit, from Clyde & Co,outlines the key issues for lenders to consider.

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Ben Murray joins XOJET as president

Benjamin Murray has become president of XOJET. He moves from NetJets where he was executive vice president.

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Airfinance Leasing Corporation: Changing operating leasing

Airfinance Leasing is not just a new company. Kirsten Bartok, its founder and CEO, is trying to create a new market. Bartok, who was one of the launch team of XO JET, believes business jet fleet operators – she prefers this term to calling them fractional companies – should copy airlines and use true operating leases to finance aircraft.

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Hawker Beechcraft makes loss after $726 million write-down

Sales at Hawker Beechcraft Acquisition Company fell in 2008 but cash flow improved and deliveries beat forecast.

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Bombardier delivers 100th Challenger 605 Jet

Bombardier says 100 Challenger 605s now in operation

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Bombardier delivered 25% less aircraft in 2009

Business jet manufacturer Bombardier delivered 176 corporate aircraft in its 2009/2010 fiscal year

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