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Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Házy. [citation needed] The company was acquired by international insurance giant American International Group (AIG) in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010, when he was succeeded by vice-chairman Alan Lund.
Aviation was the first line of insurance provided by Tokio Marine HCC. The company's insurance for aviation includes liability, cargo, and war. HCC Aviation insures approximately 45,000 aircraft in the United States and more than 60 countries worldwide. [8] Avemco Insurance Company was a stand-alone NYSE company acquired by Tokio Marine HCC in ...
GECAS had a fleet of over 1,970 aircraft, operated by 270 clients in over 75 countries. [3] GECAS' primary competitor was AerCap, with other competitors including Air Lease Corporation, Aviation Capital Group, BBAM and SMBC Aviation Capital. GE Aviation, another GE subsidiary, was part of the CFM International joint venture with Safran.
The Airport/Facility Directory also provides a means for the FAA to communicate, in text form, updates to visual navigation charts between their revision dates — VFR Sectional and Terminal Area Charts are generally revised every six months. Volumes are side-bound at 5 + 3 ⁄ 8 by 8 + 1 ⁄ 4 inches (140 mm × 210 mm), and colored a ...
The sectionals are complemented by terminal area charts (TACs) at 1:250,000 scale for the areas around major U.S. airports, and until 2016 by World Aeronautical Charts (WACs) at a scale of 1:1,000,000 for pilots of slower aircraft and aircraft at high altitude. [1] Since February 2021, the charts have been updated on a 56-day publication cycle. [2]
In 2017, the Third Rutte cabinet coalition agreement planned to introduce a new aviation tax of 7 euros on every ticket, regardless of destination, on 1 January 2021. [17] Cargo aircraft will pay a tax based on their weight and noise pollution class: [17] up to 3.85 euros per tonne of cargo, with a lower rate for quieter aircraft. [14]
An aeronautical chart is a map designed to assist in the navigation of aircraft, much as nautical charts do for watercraft, or a roadmap does for drivers. Using these charts and other tools, pilots are able to determine their position, safe altitude, best route to a destination, navigation aids along the way, alternative landing areas in case of an in-flight emergency, and other useful ...
In the early 1990s, rent control in some cities, such as Boston and Cambridge, Massachusetts, was ended by state referendums. [28] When rent control ended in Cambridge, the city realized a 20% increase in new development and an increase in property values, according to a study by the MIT Center for Real Estate. [29]
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