2022 saw a gradual return of Japanese operating leases (JOLs) and Japanese operating leases with call options (JOLCOs) in the aviation sector. These products are essentially used to.
/PRNewswire/ AXA XL s Political Risk, Credit & Bond (PRCB) business has appointed Gabriel Okolski as Senior Underwriter, Americas. Based in Washington D.C..
How do you deliver an aircraft during a global pandemic lockdown? Electronically, of course – right up to the factory-to-base ferry flight.
E-delivery is what ABL Aviation calls the process that it pioneered with an Airbus A321neo placed with Pegasus Airlines, the Turkish low-cost carrier, just as the pandemic restrictions started to bite in April 2020.
Ali Ben Lmadani, chief executive of ABL Aviation, credits the pandemic response with accelerating the inevitable. “Covid pushed us to do this,” he said. “In this regard, it was very helpful.”
Overview of Aircraft Non-Payment Insurance Products natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
- January 14, 2021, 7:48 PM
Exim chair Kimberly Reed presents an award to Ira Berman, Gulfstream senior v-p for administration and general counsel, for a financing deal involving a Czech-bound G650. (Photo: Exim)
The U.S. Export-Import Bank (Exim) this week honored Gulfstream Aerospace with its “Deal of the Year” award, recognizing a risk-sharing transaction that supported the export of a Gulfstream G650 to a customer in the Czech Republic. The public-private financing partnership also included Apple Bank for Savings, AirFinance, Marsh’s Aircraft Finance Insurance Consortium, and AXIS Insurance. Exim’s part involved a $10 million medium-term loan guarantee under a transaction approved in February 2019 through delegated authority before Exim had its quorum restored by the U.S. government in May 2019. A quorum is required for larger loans.