Fractional Aircraft Share Provider Gears Up for Spring Flying DALLAS, March 3 /PRNewswire/ -- PlaneSmart! Aviation announced anexpansion of their fleet to keep up with customer demand for fractionalshares of professionally managed aircraft. PlaneSmart! has ordered twoadditional fully loaded Cirrus SR22-G3 Turbo aircraft which are expected toroll off the assembly line in time for Spring Flying. "Professionally Managed Shared Ownership (PMSO) continues to growsteadily," said Jeffery A. Cullen, PlaneSmart!'s President and founder."Pilots and aviation travelers are finding out that share-ownership (aka:fractional ownership) of a professionally managed airplane is trouble-freeand a very cost effective alternative to whole ownership or other types ofaircraft ownership solutions." PlaneSmart!'s flagship fleet of Cirrus' aircraft is accompanied withfirst class customer service so owners experience the best airtransportation solution possible for the price. PMSO rates are not onlycompetitive with commercial air travel, they are a fraction of the cost ofwhole aircraft ownership and, at PlaneSmart!, you will benefit from "fleetaccess" availability. As with all of PlaneSmart!'s aircraft, the new SR22-G3s will arrivefrom the factory with virtually every option Cirrus offers, including airconditioning and a new turbo-normalized engine which can maintain 100%power all the way to the certified ceiling of 25,000'. All of PlaneSmart!'saircraft will be identically equipped for ease of operation for clients. About PlaneSmart! Aviation PlaneSmart! provides shares of top-rated Cirrus SR-22 aircraft at afraction of the cost of sole ownership. Customers enjoy a full-service, redcarpet experience as their "management company" takes care of all theancillary services for maintaining and caring for their airplane, such asstorage, fuel, scheduling, maintenance, and insurance. Cirrus aircraft areknown for their Cirrus Airframe Parachute System (CAPS(TM)) to increasesafety, fully advanced glass cockpit avionics, and a plush leather interiorthat offers the ultimate in style and comfort. For more information on PlaneSmart!'s fractional ownership program,visit the company's website at
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Richard "Dick" Parsons, the former Citigroup chairman who died Thursday, is credited with helping the New York megabank survive the financial crisis. Earlier in his career, he led Dime Savings Bank out of the savings-and-loan crisis.
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A passivity agreement with the FDIC means that when the asset management giant Vanguard owns more than 10% of an FDIC-overseen bank, it can't seek certain levels of control over the bank's behavior.
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The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun Capital Bancorp in Denver.
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In a collaboration with Coinbase and Flexa, Regal theaters now accept on-chain U.S. digital currency payments for movie tickets and concessions; the Bank of Nova Scotia has completed its second investment in KeyCorp; Fiserv entered into a definitive agreement to acquire Canadian-based payments fintech Payfare; and more in this week's banking news roundup.
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The tiny community bank handled hundreds of millions of bulk cash shipments from Mexico without red-flagging any of them, the agency said. The bank has filed a motion to dismiss.
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Banking regulators hit companies with penalties for poor interest-rate risk, third-party management, anti-money-laundering controls and consumer protection, among other violations.
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