MEPs Meet Business Aviation, Business Aviation in Europe and Americas

The financing of corporate and private aircraft: Some Cayman Islands considerations

The Cayman Islands has long been a leading jurisdiction for aviation finance transactions in both the commercial and business jet sectors. Among the reasons for this are the Cayman Islands’ tax neutral status, its political stability, the developed, English-based legal system, supporting infrastructure and high-quality service providers, the flexible and commercial nature of its legislation and its adherence to international standards of compliance.

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MEPs meet business aviation

As the newly formed European Parliament (EP) takes shape, the EBAA is calling for Members of the EP (MEPs) to get up close and personal with business aviation and gain a better understanding of its operations before work resumes on the portfolios that affect aviation.

“I felt it was important that our new colleagues, those who just joined the Transport Committee, get a concrete sense of the different elements composing the air transport mosaic,” says MEP Marian-Jean Marinescu, Member of the Transport Committee. “On-demand business aviation is a world per se, and as needs and business evolve, legislation must evolve too – especially when we are talking about aviation.”

WINGX Business Aviation Monitor – September 2014: Western Europe pulling ahead

There were 63,068 business aviation flight departures in September, 1,237 more than in August, equal to a YOY increase of 35 flights, +0.1%. The European market remains about 1% off 2013 YTD. This month the good news was that Europe´s top 6 country markets all expanded, YOY. The UK´s growth was exceptionally strong, +10%, and France, Europe´s No.1 market, increased activity by 6%. The overall picture has a negative distortion due to collapse in demand for business aviation in Russia, Ukraine, Turkey, and to a certain extent the whole CEE region.

WINGX Business Aviation Monitor – September 2014: Western Europe pulling ahead

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Business aviation in the Americas and beyond

Latin America is a supremely diverse and promising market. It includes the second and third largest business aviation fleets in the world — Brazil and Mexico. Embraer Executive Jets President & CEO Marco Túlio Pellegrini talked recently with FlyCorporate’s Phil Rose about how Embraer sees the prospects for business aviation in Latin America and the rest of the world.

Embraer Sees Great Prospects for Latin America

Some predictions suggest that over the next five years demand for business aircraft in Latin America will represent as much as 18–20% of global demand — outstripping traditionally strong markets such as Europe. Does this correspond with what you’re seeing across the region?

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