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The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic. The taxpayer-funded relief will cover up to half of ...
Boeing Capital was incorporated in 1968 as McDonnell Douglas Finance, [citation needed] but this name was changed to Boeing Capital in 1997, when Boeing merged with the McDonnell Douglas Corporation. [4] [5] The subsidiary is known as a worldwide provider of financial services, but primarily supports its parent corporation. [6]
Under American and British accounting rules, a finance lease is generally defined as one in which the lessor receives substantially all rights of ownership, or in which the present value of the minimum lease payments for the duration of the lease exceeds 90% of the fair market value of the aircraft. If a lease is defined as a finance lease, it ...
The company offered many aviation finance services, including aircraft leasing, aircraft lending, engine leasing, asset management, and aircraft consulting. In terms of aircraft leasing, GECAS purchased aircraft from manufacturers such as Airbus and Boeing , and then leased them to airlines, typically for about eight years, and usually on dry ...
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Aviation International News is a monthly trade publication in print and digital focused on business aviation, delivered to 38,000 readers; AINalerts is a workweek daily newsletter with eight to 12 short articles on business aviation;
Flying, sometimes styled FLYING, is an aviation magazine published since 1927 and called Popular Aviation prior to 1942, as well as Aeronautics for a brief period. It is read by pilots, aircraft owners, aviation enthusiasts and aviation-oriented executives in business, commercial and general aviation markets worldwide.
Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. [2] Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.