ExecuJet launches SimplyFly Financing Program
ExecuJet Aviation Group today announced that it will offer aircraft finance through its SimplyFly programme.
Launching the program at Dubai Airshow, ExecuJet CEO Niall Olver said in a press release: “ExecuJet now has a fund available for non-recourse financing, both on and off balance sheet. This capability has been combined with our aircraft sourcing, management and operations services into a single integrated product, and makes us quite unique in meeting a long apparent market demand. As one knows, true non-recourse finance is a rare product and we trust this will ensure that ExecuJet continues to stay one step ahead in the industry.”
ExecuJet will source, manage, maintain and dispose of the aircraft. The company also says that will offer clients the ability to fix operating costs, fixed costs and risks allowing them to know how much they will need to pay each month.
“We are proud to announce that ExecuJet will be a leader in combining all private aviation services in the form of a full aircraft lifecycle ownership program that truly benefits our clients with a simple, transparent effective and efficient solution,” added Olver.
It will offer non-recourse and off balance sheet financing. Aircraft need to be worth at least $20 million and be under five years old.
“We will ensure that you have the right aircraft for your mission through sourcing, financing, managing operations and maintenance” Andrew Hoy, Managing Director of ExecuJet Aircraft Trading said in a press release. “SimplyFly navigates the world of corporate aviation effortlessly with a turn-key solution that leaves you free to enjoy the aircraft and wherever it takes you.”