November 2008 - Newsletter

We are at a very interesting time in our country. The world financial and economic conditions are fraught with uncertainty, the credit markets have tightened, aircraft companies are scaling back their production and workforce, and there are many other challenges that lie ahead. The aviation insurance community is not immune to the current economic issues. In this newsletter, we are going to examine several issues that should be very informative during these times.

In this issue:

- Aviation Insurance Market Update (including information about AIG)
- What to watch for on a maintenance contract
- How is the banking crisis affecting aircraft lending

As always we strive to bring you useful and relevant information for you and your business. If PIM can be of further service to you do not hesitate to contact us.

Wheels Up.

Tim Bonnell Sr.
President

• Mainteance -The Fine Print - Did you ever read the fine print on the back of a maintenance repair order?
• Aircraft Loan Utopia - As if the aircraft lending market wasn’t dynamic enough we now have to consider the reshaping of our modern banking society.
• Aviation Insurance Market Update - A summary of current market conditions.