Over 280 Medium To Heavy Private Jets Could Be Delivered To TX Over 10 Years | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 06.18.18

Airborne-UnManned 06.19.18

Airborne 06.20.18

AMA Drone Report 06.14.18

Airborne 06.15.18

Airborne-YouTube

Airborne 06.18.18

Airborne-UnManned 06.19.18

Airborne 06.20.18

AMA Drone Report 06.14.18

Airborne 06.15.18

Wed, Mar 22, 2017

Over 280 Medium To Heavy Private Jets Could Be Delivered To TX Over 10 Years

Analyst Finds State Has A Bigger Fleet In The Category Than Any Country Except The U.S.

Analysis from Global Jet Capital, a global provider of financing solutions for corporate aircraft, suggests that 283 medium and large business jets worth an estimated $9.1 billion could be delivered to Texas between now and 2025.

The company’s research reveals that Texas has around 410 midsize, 445 heavy business jets and 16 jet airliners, which is approximately 11% of the total for the U.S. as a whole. In fact, the state’s midsize, heavy and jet airliner business aviation fleet, some 871 aircraft, ranks it as the second largest fleet in the world – ahead of Mexico (611 aircraft), China (363) and Canada (347) – and only behind the US as a whole (7,591).
 
"Texas has the largest fleet of mid and heavy sized jets in the U.S.," said Greg Babcock, Vice President Sales, Central USA. Over one third of the aircraft delivered to Texan customers in the last five years have been mid to heavy and this trend is likely to continue."

Global Jet Capital launched in 2014 and it 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. In January 2016 Global Jet Capital completed the purchase of GE’s corporate aircraft lease and loan book in the Americas.
 
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 media release)

FMI: www.globaljetcapital.com

Advertisement

More News

Airborne 06.15.18: 100LL Replacement Held, B-1 Stand-Down, Missing USAF Officer

Also: Sichuan Airlines Pilot Feted, Emirates Parks 20 Birds, Air Paris Academy Orders Tecnams, Two A380s Scrapped The FAA continues to be committed to evaluating suitable replaceme>[...]

ANNouncement: Now Accepting Applications For Oshkosh 2018 Stringers!!!

An Amazing Experience Awaits The Chosen Few... E-I-C Note: There's very little we can say yet, but there is a reason why this may be THE year to throw in with ANN to cover the extr>[...]

It's On--Again! EAA/ANN Announce 2018 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Draws Hundreds of Thousands of Eyeballs to ‘All Things AirVenture’ E-I-C Note: We're tremendously excited to work with EAA agai>[...]

Aero-News AirVenture Update: This Is So Cool! #OSH18COOL

We Need YOUR Help To Find AND Celebrate The Coolest Stuff At EAA AirVenture 2018, #OSH18COOL Stuff that’s new is cool… we get it… that’s why we’re b>[...]

AMA Drone Report 06.14.18: AMA Expo W Drone Races, Ag v Drones, Kitty Hawk Flyer

Also: Drone Rotor Safety System, Birds Inspire Drone Design, UAVs Stop Crime, Fat Shark 101 As previously noted, the upcoming AMA Expo West Tradeshow not only starts early, but in >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC