Thu, Nov 24, 2016
Provides Dedicated Funding For Financing Of Business Jets
Global Jet Capital, a provider of financing solutions for private aircraft, has joined the European Business Aviation Association (EBAA). This follows its recent announcement that it has also become a member of the German Business Aviation Association (GBAA).
Company analysis of industry data by Global Jet Capital reveals there are 1,736 business jets in the midsize, heavy and airliner category based in Europe, accounting for around 13% of the global total. Furthermore, between now and 2025, 1,530 business jets worth as much as $46 billion are expected to be delivered to the Continent (2).
“Europe is the world’s second largest private aviation market after North America, and it’s a focus region for us as we grow our business," said Robert Gates, Head of Sales for Europe, Asia and Middle East of Global Jet Capital. "Matthias Müller, based in Zurich, and Graeme Shanks, based in London, have recently joined the Global Jet Capital team as sales directors to cover this important market.”
“We are delighted to have joined EBAA, and this represents another example of our commitment to the European business aviation market.”
Global Jet Capital launched in 2014, and is capitalized by three global investment firms – GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners.
The company has over $1 billion of dedicated funding to provide to clients looking to finance or lease private jets, which can cost as much as $70 million. Globally, approximately 80% of business jet users will seek financing or leasing solutions to acquire the aircraft.
The company’s current management team and executive committee is composed of leaders from business jet manufacturers, maintenance and service providers and leading financial institutions who have served the private aircraft industry for a combined 200-plus years and have completed over 3,500 aircraft transactions.
(Source: Global Jet Capital news release)
More News
Runway Lead-in Light System Runway Lead-in Light System Consists of one or more series of flashing lights installed at or near ground level that provides positive visual guidance a>[...]
Aero Linx: Aviation Without Borders Aviation Without Borders uses its aviation expertise, contacts and partnerships to enable support for children and their families – at hom>[...]
Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]
From 2010 (YouTube Version): Yeah.... This IS A Really Cool Job When ANN's Nathan Cremisino took over the lead of our Aero-TV teams, he knew he was in for some extra work and a lot>[...]
Also: Junkers A50 Heritage, Montaer Grows, Dynon-Advance Flight Systems, Vans' Latest Officially, the Carbon Cub UL and Rotax 916 iS is now in its 'market survey development phase'>[...]