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In its 10-K filing, Archer Aviation says that Morgan Stanley forecast that the total addressable market for the urban air mobility market is projected to reach $1 trillion globally and $9 trillion ...
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 ...
The hit to the company's finances and reputation extended to sales of new aircraft. Boeing received no 737 Max orders for at least two months and ended the year far behind Airbus in total net ...
On November 11, 2019, Boeing stock rose 4.7% on positive 737 MAX news that it was hoping to resume deliveries of the 737 MAX aircraft to airlines in December 2019 and providing more detail on how the 737 MAX will return to service in January 2020. [81] [82]
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 ...
The trust then leases the aircraft to an airline, and the trustee routes payments through the trust to the investors. Upon maturity of the note, the airline receives title to the aircraft. [1] See Pass-through certificate. The lease is not a "true" lease because the airline receives title at the end.
Editor's note: This page reflects news of the plane crash near DC on Wednesday, Jan. 29. For the latest updates on the search for survivors, please read USA TODAY's live coverage of the rescue and ...
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 ...