Insurance and Risk in Business Aviation
The AIN 2025 Corporate Aviation Leadership Summit, West featured a moderated discussion on insurance and risk management in business aviation. The session, led by Brint Smith of Aviation Alliant Insurance Services, addressed key issues in the industry.
Recent developments in the aviation sector have highlighted the importance of effective insurance and risk management strategies. GKN Aerospace is currently assessing the impact of U.S. tariffs on their business, potentially leading to increased costs and supply-chain complexity. China’s EHang has stated that U.S. tariffs will not affect their eVTOL business, despite the escalating U.S.-China trade war potentially complicating eVTOL supply chains.
Daher Aircraft’s CEO emphasized the need for transatlantic unity, arguing that no one wins from a trade war. Meanwhile, China’s TCab Tech has raised additional funds for its E20 eVTOL aircraft, with program funding now exceeding $100 million. Titan Aerospace Insurance has rolled out a new FBO program, offering extra features for Titan-branded FBOs.
Other industry developments include Wanfeng’s Diamond Aircraft absorbing eVTOL developer Volocopter, with fewer than half of Volocopter’s employees resuming work after restructuring. Titan Aviation Fuels has acquired Multi Service Aviation Card, expanding Titan’s aviation services portfolio. Altea predicts a softening in prices for preowned business jets, while also warning about the impact of U.S. tariffs on Bombardier exports.
These industry trends underscore the importance of robust insurance and risk management strategies in business aviation. The discussion at the AIN summit highlighted the need for companies to adapt to changing market conditions and regulatory environments.
