State Predicted To Take Delivery Of 30 Mid-Sized To Large Private Jets Each Year To 2025
Florida based Global Jet Capital has released analysis of industry data which predicts that around 30 medium and large business jets could be delivered to Florida owners each year between now and 2025. The company expects the total value of these aircraft to be around $1.5bn each year. It has carried out analysis of the sector which reveals that over $250million of this figure is likely to be purchased through operating leases, a type of financing in which Global Jet Capital is leading the market.
Dave Labrozzi, Chief Operating Officer at Global Jet Capital, will be speaking at the Corporate Jet Investor Miami 2017 event which starts tomorrow (28th November) on the issue of aviation finance. The company is a sponsor of the event, which will be attended by around 250 senior level financiers, brokers, lawyers, manufacturers, operators and other business aviation professionals.
Global Jet Capital’s research among business aviation professionals has found that over 77% expect demand for private aviation finance to increase over the next five years, while almost half (46%) expect to see an increase in the use of operating leases for private aircraft purchases over the next twelve months.
The U.S. remains the most attractive country for private aviation finance companies, and as the Florida private aircraft fleet is the second largest in the country (behind Texas), Global Jet Capital expects the state to see significant levels of financing over the coming years.
(Source: Global Jet Capital news release. Image from file)
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