https://www.linkedin.com/in/tomas-chlumecky-aviation-doctor-3200a021/ Paradise Papers: Commission follows up on illegal tax breaks for yachts and aircraft Brussels, 8 November 2018 http://europa.eu/rapid/press-release_IP-18-6265_en.htm Abusive VAT practices in the Isle of Man. VAT is only deductible for business use. Supplies of aircraft, including leasing services, meant expressly for private use should not be VAT-exempt. The Commission … Continue reading
Read my regular Articles and Posts on LinkednIN: https://www.linkedin.com/in/tomas-chlumecky-3200a021/ July 16, 2018, Airfinance Journal: Day One of Farnborough 2018 belonged firmly to Boeing in terms of firm orders, although the US manufacturer saved up many of its largest announcements from deals done earlier in the year. Airbus, meanwhile, … Continue reading
You can read more of my Articles and Posts on LinkedIN at: https://www.linkedin.com/in/tomas-chlumecky-3200a021/ Bombardier signs agreement with DAIR to spur innovation in Ontario’s aerospace sector AviTrader-June 22, 2018 Tomas’s Comment: It’s interesting and good for aerospace education, but let’s be real, Bombardier is not a big innovator in aerospace, outside the miserably failed … Continue reading
You can read more of my Articles and Posts on LinkedIN at: https://www.linkedin.com/in/tomas-chlumecky-3200a021/ Financially Distressed On-Demand Flight Service Provider Surf Air Defaults On Payments & Breaches Contract With Encompass Aviation Encompass, which operated Surf’s California flights, files lawsuit in NY’s Southern District Tomas’s Comment: This Surf Air “all you can fly” … Continue reading
The 1st Half 2017 GAMA numbers are out and I have looked at the turboprop deliveries and sales for these first 6 months of 2017 against the first six months of 2016. The 1st half 2017 deliveries are 230 vs 233 in 2016 (-1.3%) and total sales are $703.8 million down $105.8 million (-13%) on … Continue reading
READ: more on Bombardier or other topics by clicking categories on the right. Well today Bombardier Inc. released its 1st half 2017 results, and and its not good, as revenue is down 6.7% to $7.668B on 2016, this company is NOT going to be a $25.0B a year company in 2020 as planned in its … Continue reading
The latest news from Textron Aviation, that the company is terminating the smallest member of the Citation line, the $3.35M CE-510 Mustang (PHOTO below), which has had 472 deliveries by the end of 2016, since starting the line in 2006. The Very Light jet market ($3.0M to $5.5M aircraft) has been in decline from 2009 … Continue reading
READ more on Bombardier on this Blog, just click Bombardier under Categories on the right side of menu. The 1st Quarter results are out for Bombardier, but the most important news is that Executive Chairman, Pierre Beaudoin is stepping down after numerous problems and Revenue declines. The man I refer to as the “Destroyer” … Continue reading
READ: 2015 GA turboprop results, February 17, 2016 blog. https://www.linkedin.com/in/tomas-chlumecky-3200a021/recent-activity/ Another year has passed and time to do my annual turboprop review. The 2016 GAMA shipment and billing numbers were not good for the industry, with overall billings down from $US 24.1 billion in 2015 to $US 20.7 billion, down 14.1% while unit deliveries were … Continue reading
Bombardier has now delivered its first CS100 to Swiss and CS300 to airBaltic and talks confidently of a turnaround next year and a bright future in 2020 as per its 5 year Transformation Plan, that should see company become a $US 25 billion a year company by the end of 2020, with Aerospace to provide … Continue reading
You must be logged in to post a comment.