An aircraft dry lease is a contract whereby 2 parties agree that one can lease an aircraft from the other. The dry lease CANNOT result in any profit for the aircraft owner, the reason behind this is simple: If you provide an aircraft service in exchange for profit then you […]
aircraft
Insurance rates for aircraft maintenance companies are based on 4 main factors: What type of maintenance is done: If the company is overhauling engines, then the insurance is much higher than if they are performing routine maintenance and sending specialty overhauls to specialty shops. How much revenue. The revenue is […]
As we discuss the aviation insurance marketplace with our clients we focus on the consequences for them: higher rates, reduced coverages, fewer options, and stricter training requirements. But the big picture and understanding what is happening on the underwriting side is important for all stakeholders to work together. Reinsurers endured […]
US aviation insurers continue to offer a maximum per-seat limit for reciprocating engined aircraft of $100,000. As the market has hardened this year there are fewer higher limit options available for consumers therefore more are being forced to accept this limit. The standard $100,000 per seat limit has gone unchanged […]
A lot of companies are investing and developing unmanned aircraft for use as people carrying Air-Taxis. From an outsider’s perspective the aircraft appear to be large scale drone technology. While I am not an expert on these technologies, it is easy to deduce that the reliability of drone electric motors […]