Therefore in the event of a dispute over the right to possession of the aircraft, in theory the lessor
may pursue attachment of the aircraft by court proceedings in the UAE, and in any Emirate of the UAE where the aircraft is situated afterwards to physically retrieve the aircraft.
Among the challenges aircraft lessors
will need to navigate over the coming years include industry cyclicality, geopolitical risk, oil price volatility, competitive pressures on underwriting standards, funding and placing the delivery of large aircraft order books, residual value risk associated with older model planes, and rising interest rates.
such as BOC Aviation, which place their aircraft with airlines globally, are emerging as important customers for plane makers.
Sometimes the lessor
is managing financial assets and ometimes the lessor
is managing operating assets.
In considering the tax treatment we have considered the tax treatment of the lessors
assuming that the lessor
is not in the same jurisdiction of the lessee.
is a registrant in the business of leasing vehicles.
Although they have made half-hearted attempts to discuss the problem, both lessor
and lessee have decided they're probably not going to work this out by themselves; the lawyers have been called.
CA 20 01 does have some good news for the lessor
in the area of policy cancellation.
Acquisition or bank fee--similar to bank points in a mortgage, this fee is paid up front to lessor
Put another way, that's all taxes except for any income taxes that the lessor
would have to pay in connection with the lease.
Companies that want to deduct cancellation payments should not lease replacement property from the original lessor
assumes all the risks of ownership; he incurs asset depreciation expense, technological obsolescence hazards, lost interest earnings on other investment alternatives, and default losses.