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Business Aviation News

The Chinese business jet market

Everyone knows that China could be the world’s most important business jet market but regulations and import taxes make it a difficult jurisdiction for business and general aviation aircraft. Mark Bisset, a partner at law firm Clyde & Co, is optimistic that the use of business jets in China will grow quickly.

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Falcon 900LX on track for 2010 delivery

    

   

Dassault says Falcon 900LX flight testing is going well and is on track to deliver the first aircraft this year. It says the 900LX is outperforming Falcon 900EX Easy aircraft it replaces. 

 

 

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A (very short) guide to financing business jets or helicopters

A (very short) guide to financing business jets or helicopters

If you are bewildered by the different business jet finance options available or are looking for a lender, this very short guide may help you to get started (while a subscription will help get your deal finished!).

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Five reasons to register an aircraft in the Cayman Islands

Joannah Bodden Small of Maples and Calder, explains the five reasons why corporate aircraft owners and financiers should consider registering aircraft in the Cayman Islands.
She outlines how to register an aircraft in the jurisdiction, how the Cayman Islands Civil Aviation Authority supports owners and ways third pary interests are protected. 

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Maples advises on first-of-its-kind parking title for “green delivery”

Maples and Calder recently advised on a first-of-its-kind transaction which involved parking title for a “green delivery” on the aircraft register (the “Aircraft Register”) maintained by  the Civil Aviation Authority of the Cayman Islands (the “CAACI”). Maples and the CAACI worked closely with the aircraft manufacturer, the operator and the financiers to ensure quality service and a seamless registration process.

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GE Corporate Aircraft Finance: Global leasing

GE Corporate Aircraft Finance works with all types from turbines, light jets and helicopters up to large business jets. With over 2000 aircraft in its portfolio it is without doubt one of the largest lenders.

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Maples parks green aircraft on Cayman register

Maples and Calder has advised on a deal where a business jet has been registered on the Cayman Islands’ aircraft register whilst it is being fitted out in a completion centre. This protects the lender if the buyer defaults before the aircraft is finally delivered. It also means they financier get the benefits of the Cape Town Convention.

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Soteria wins bid for UK search and rescue

 CHC Helicopters, RBS, Thales and Sikorsky picked for UK search and rescue contract

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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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