Is Money Becoming Available For Business Jet Financing? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.21.25

Airborne-NextGen-04.22.25

AirborneUnlimited-04.23.25

Airborne-FltTraining-04.24.25

AirborneUnlimited-04.25.25

Sat, Jan 29, 2011

Is Money Becoming Available For Business Jet Financing?

One Deal Does Not Make A Trend, But SinglePoint Aircraft Finance Completed Its First Transaction In Thirty Days

Less than thirty days after launching its commercial and general aviation aircraft lending initiative, SinglePoint Aircraft Finance (SinglePoint), an AGC Aerospace & Defense company, has completed its first transaction. The subject of the successful deal was a Hawker 800 XP business jet.

“This quick closing validates our view that the market is seeking a more efficient approach to aircraft financial transactions. We anticipate a robust year of deal flow for SinglePoint as we apply our unconventional and proven approach to solving an unmet need,” stated Tim Wilson, President of SinglePoint, a portfolio company of AGC Aerospace & Defense. “This first commercial transaction has highlighted the synergies we hoped to achieve with AGC’s MRO focused operating company, Valair Aviation, allowing us to move quickly to complete the financing.”


Hawker 800 XP File Photo

Valair Aviation, also an AGC Aerospace & Defense company, provides heavy maintenance, restoration, modification, avionics, interior completion, and paint services.

“Knowing the aircraft inside and out from a maintenance perspective gives us a unique ability to define potential risk,” remarked Rick Nagel, a partner at Acorn Growth Companies, the private equity backbone of AGC Aerospace & Defense. “The combination of access to capital, operations-centric risk assessment, and ability to mitigate that risk with in-house maintenance capability will define our competitive advantage in this space as we unite the unique attributes of SinglePoint and Valair.”

FMI:  www.singlepointfinancial.com

Advertisement

More News

ANN's Daily Aero-Term (04.23.25): Quadrant

Quadrant A quarter part of a circle, centered on a NAVAID, oriented clockwise from magnetic north as follows: NE quadrant 000-089, SE quadrant 090-179, SW quadrant 180-269, NW quad>[...]

ANN's Daily Aero-Linx (04.23.25)

Aero Linx: Aircraft Rescue & Fire Fighting Working Group (ARFFWG) The Aircraft Rescue & Fire Fighting Working Group (ARFFWG) is a non-profit organization established in 199>[...]

NTSB Prelim: Beech A36TC

(Pilot) Noticed The Airplane’s Airspeed Was Not Increasing And Immediately Looked For A Place To Land On March 9, 2025, about 1530 eastern daylight time, a Beech A36TC, N347M>[...]

Classic Aero-TV: ERAUÂ’s Matthew Gailey-2019 Bob Hoover Presidential Scholarship

From 2019 (YouTube Edition): One Of Four Winners Of A 2019 Bob Hoover Legacy Foundation Scholarship The recipients of the 2019 Bob Hoover Legacy Foundation scholarship were announc>[...]

Airborne 04.23.25: CAF C-47 Skytrain, Tough Low-Level Drone Regs, NEW NOTAMs

Also: Astronaut Pettit & Cosmonauts Return, Malaysia Wants Boeing Slots, Germany Nixes Typhoon Sale, More Boeing Woes The CAF’s restored C-47 Skytrain “Ready 4 Duty>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC