Aircraft are mainly bought by two groups of buyers: 1. Airlines for their own use 2. Operating lessors for onward leasing to airlines Both groups of buyers require substantial external funding, both debt and equity, to accommodate these purchases. Historically five key sources have funded the aviation industry: 1. bank debt (secured and unsecured) 2. export credit agency guaranteed debt (secured) 3. capital markets (secured and unsecured bonds; equity and debt solutions) 4. internal cash flow generation 5. tax based leasing products This is the leading text providing guidance on all the funding options available, the best way to secure funding and how to ensure that robust legal structures framing the commercial deal are in place. The book is divided into four core sections: Part A: Market Context which sets the scene giving the user market context and an overview of aircraft financing Part B: Transaction structuring which looks at the credit, the asset, the legal structuring and tax drivers Part C: Core Products and Regional Markets (Brazil, Russia, India, China, France, Germany, Spain and Japan) Part D: Regulatory Matters including accounting developments Key updates for the new Fifth Edition include: - New chapters on: - The environment - Restructuring - Compliance - GATS (Global Aircrafts Trading Systems (GATS) - Full explanation and analysis of recent regulatory changes including changes brought about by Basel IV Due to the complexities involved in this area and the need to ensure that any commercial deal is legally sound Aircraft Financing is the essential reference tool for anyone involved in aircraft financing transactions.

The story of how one car transformed the entire perception of a car manufacturer is one of the most interesting and inspiring in motorsport history. Before the Impreza hit the world rally stages and started winning on them, few people had even heard of Subaru cars. However, in partnership with Prodrive, Subaru used its endeavours in rallying to create a brand appeal that endures to this day. This manual tells the story of how the project began, the trials and tribulations that had to be overcome, adn how sweet success tasted when it finally arrived. Through the thoughts and recollections of those integral to the projet's success, the engaging text, supported by numerous archive images and specially commissioned photographs of a restored car today , details the technical development of the car and charts its rapid rise to World Championship glory

This book tells the story of an incredibly capable naval aircraft, based primarily on the words of those who flew and maintained it. Beginning with the Lynx's entry into service in 1976, it goes on to discuss its remarkable performance in the Falklands War. Here it was used in both its primary roles of anti-submarine and anti-surface warfare, as well as several others for which it had never been designed, such as Airborne Early Warning and anti-Exocet missile counter measures. The Lynx has been continuously employed in the Gulf from 1980 until the present day. What is not generally known is the fact that these aircraft were responsible for effectively destroying the Iraqi navy, sinking over fifteen warships in a matter of a weeks. All related operational details are included here. Also included are accounts of operations conducted around the world, including anti-drug interdiction, Arctic deployments, Search and Rescue, hurricane relief, as well as a few notable mishaps. Also described is the development of the aircraft from the Mark 2 to the current Mark 8 (SRU), bringing the narrative fully up to date.Although only a snapshot, the stories narrated here offer the reader a real understanding of the capabilities of an aircraft with a truly remarkable history of service.

BEA was formed in 1946 and took over most UK domestic and European routes under the British government's nationalisation policy. It began operations with a fleet of outdated and hopelessly uneconomic passenger aircraft that were derivatives of wartime types such as the DC-3, Avro Viking and Rapide. By the end of 1955 the airline had re-equipped with more modern types such as the jet-prop Viscount and moved into a profit for the first time. From 1960 onwards the airline introduced larger jets such as the Comet, Trident and BAC 1-11. BEA merged with the British Overseas Airways Corporation in 1974 to form British Airways. This book looks at BEA's predecessors, its formation and early operation from Croydon and Northolt and the move to the newly-opened London Heathrow. The evolving structure is explained with chapters covering engineering bases, terminals, European and domestic services, cargo services and helicopter operations. The aircraft flown are all described in detail and the book, illustrated throughout, includes anecdotes from former crew and ground-staff as well as a full fleet list.

France has been called the cradle of aviation by many - a fact that cannot be disputed, although some have tried. By the end of the 19th century, she led the world in lighter-than-air flight. Any concern about heavier-than-air flight was dismissed as inevitable, and France would achieve it in due course. By the time Bl riot bravely enquired Which way is England?' the country was ready to redress any perceived shortfall. Besides leading European aviation, France was the nation that named all the parts of an aeroplane with words many of which we still use everywhere today. France was also the first nation to stage air exhibitions. Unlike their counterparts in Britain, Germany and America, French designers were thoroughly entrepreneurial and tried a wide variety of adventurous styles from pusher to canard and monoplane to multiplane. In 1909 the first Air Show was held at the Grand Palais. The Exposition Internationale de locomotion a rienne' ushered in what was to become an enduring tradition. Every year, the aircraft exhibitions were a massive success. The interior design by Andr Granet, who since his youth had been fascinated by flying, was such a success that the Automobile-Club subsequently commissioned Granet to do the same for the car shows. It is not surprising that all this derring-do, all these technological achievements and all this innovation drew reporters and photographers like moths to a flame. The men, the machines, the places and the events all were recorded, reported, reproduced and then were filed away. Hundreds of images appeared in print, but thousands were printed up only as contact prints from large-format glass negatives and then disappeared into albums to be forgotten about. In the mid-1990s the author came across one such treasure-trove; a number of dust-covered albums containing around five hundred images of aircraft, airships and expositions - it is doubtful if most have appeared in print before, so this will probably be the first time the events of these French pioneers have ever been showcased.

A series of books that provide, for the first time, the detailed information every pilot needs to know about the aircraft they are flying. Each book in the series covers all aspects of a popular aircraft type and is illustrated throughout with photographs and diagrams.

Public interest in the Concorde story shows little sign of abating, despite the aircraft having been retired from airline service in November 2003. With British Airways' Concordes now on public display at various locations around the world, including examples at Heathrow Airport, Bristol (Filton), Yeovilton (Fleet Air Arm Museum), Weybridge (Brooklands Museum), Manchester (Museum of Science and Technology) and the Museum of Flight in Scotland (East Fortune) the time is ripe for a budget-priced pocket-sized layman's chronological account of the Concorde story that will appeal to Concorde visitors and Concorde enthusiasts alike. "The Concorde Story" is an attractive picture-led account with a short but authoritative text supported by a comprehensive selection of 80 colour and black and white photographs showing Concorde at all stages of its life. Peter R. March's narrative covers the background (how it came about, from drawing board to first flight); testing times (development flying and proving the aircraft); the fight for survival (political and airline problems); into service (transatlantic routes with BA and Air France); success and disaster (records, passenger appeal and tragedy in Paris); and grounded (the final year and the end of the story - or is it really?)

Drones and Journalism explores the increased use of unmanned aerial vehicles, or drones, by the global media for researching and newsgathering purposes. Phil Chamberlain examines the technological development and capabilities of contemporary drone hardware and the future of drone journalism. He also considers the complex place of the media's drone use in relation to international laws, as well as the ethical challenges and issues raised by the practice. Chapters cover topics including the use of drones in investigative reporting, in reporting of humanitarian crises, and the use of this new technology in more mainstream media, like film and TV. The book also presents exclusive interviews with drone experts and practitioners and draws on a wide range of disciplines to put the practice into a historical, political and social context. Professionals and students of Journalism and Media Studies will find this an important critical contribution to these fields, as Phil Chamberlain astutely charts the rise of the reliance on drones by the media worldwide.

The Aerospatiale/Westland Gazelle is one of the longest serving and most successful reconnaissance and light attack elicopters. The Gazelle soon made an impression with its high speed, smooth looks and design innovations such as the Fenestron ducted tail rotor and composite main rotor blades. In this readable book, aviation expert David Oliver tells the full story of the development of the Gazelle as well as its various air force, military and naval roles and deployments. Once Westland had joined the French helicopter project, the Gazelle was soon adopted as a trainer by the RAF, as a battlefield reconnaissance and attack helicopter by the Army Air Corps and Royal Marines and as a training helicopter by the Royal Navy. It carried out similar roles in the French armed forces and those of other nations. As this book shows, armed variants of the Gazelle have taken part in conflicts in the Falklands, Northern Ireland, Lebanon, the Gulf War, former Yugoslavia, Rwanda, Mali and Syria. It has also been adapted for civilian roles. As a testament to its success, Gazelle helicopters will continue in service with the British and French armed forces beyond 2020. Illustrated with lavish colour photographs, this book is an essential guide to one of the world's most successful military and civilian helicopters.

This is the sixth volume in the series which deals with the losses sustained by the RAF Bomber Command during the 2nd World War. It has already found favour with historians, and those friends and relatives affected by the loss.'

Many books have been written about the Hawker Hunter, one of the world's great jet fighters. The majority, however, have tended to concentrate on the aircraft's extensive service career. Superbly illustrated with both colour and black-and-white photographs of the Hawker Hunter - which has always been one of the most photogenic of all aeroplanes - this new title is the first devoted specifically to the Hunter's design and development: how and why the aircraft came into being, the troubles it experienced on the way, its flight test programme and what it was like to pilot. Drawing on many original Air Staff and Ministry documents and also the Hawker aircraft day-to-day diaries, it tells the story of one-off modifications and trials projects, aerodynamic modifications and tests with various weapons, along with proposed developments, including supersonic versions.

The 25 Most Influential Aircraft of All Time conveys the fascinating progression of flying technology from flimsy wood-and-fabric biplanes to thunderous supersonic wonders. Aviation's most historically relevant and arguably most influential aircraft - planes like the elliptical-winged Spitfire, the blisteringly-fast X-15, and the ubiquitous Learjet - are dramatically showcased in individual chapters. Factors like performance, price, operational efficiency, and perceptions in popular culture are examined. People are just as important as hardware in the discussion of the world's greatest aircraft. The larger-than-life characters who designed and built these aeronautical marvels - men like the reclusive Howard Hughes and the demanding Clarence "Kelly" Johnson - are an indispensable part of the story. So, too, are the fearless pilots like Charles Lindbergh and Chuck Yeager who gave life to the shining examples of a new and dynamic industry. The authors have flown or flown in many of the featured aircraft and they knew many of the luminous personalities involved, enabling them to share unique perspectives. The preface is written by William Lloyd Stearman, a former staff member of the National Security Council and the son of famed industry engineer Lloyd Stearman. The introduction is written by Norman R. Augustine, the retired Chairman and CEO of Lockheed Martin Corporation. The foreword is written by Burt Rutan, the renowned aircraft designer and founder of Scaled Composites. Each aircraft is magnificently illustrated in color, mostly with paintings by leading aviation artists.

Designed in 1948 by the brilliant Walter Beech, the T-34 Mentor was intended as a low cost replacement for the T-6/NJ Texan. The aircraft bore many similarities to the Beechcraft Bonanza, but had a two-seat cockpit with bubble canopy, and a conventional tail. The original T-34s were equipped with a piston engine. Fifteen years after production ceased, the design was upgraded and deliveries began of a turbo-prop equipped T-34C Turbo-Mentor, which remained in production until 1990. The T-34 is one of the most reliable aircraft of its type with many remaining in service today, six decades after it was first produced. Over 2300 Mentors in various versions were produced worldwide, including the T-34A for the Air Force and the T-34B variant for the U.S. Navy.

Only one Luftwaffe aircraft landed in this area, a Heinkel 111 which struck barrage balloon cables at Newport, with only the pilot, Oblt. Harry Wappler surviving. He later escaped from prison camp and stole a RAF aircraft. His remarkable story is told by historian Hugh Trivett. Elsewhere, a Dornier 217 was shot down by RAF fighters off Port Eynon during the last major raid on Swansea in February 1943. Years later historian and diver, Steve Jones, found pieces of the wreckage on the beach at low water and followed the trail into deep water where he located the main site. He traced relatives of the pilot and visited them in Germany. These and many other fascinating stories are told in the book and many interesting crash sites are visited. The book incorporates appendices which include a full list of the high ground military losses and memorials to those who perished, as well as a bibliography.