Jetcraft, one of the world’s largest buyers and sellers of business aircraft, is calling the end of the business jet downturn. The company forecasts that 8,349 aircraft will be delivered between now and 2026. Larger cabin aircraft will account for almost a third of units, raising the total value of deliveries to $252 billion. Jetcraft expects the total business jet fleet to reach 28,000 by 2026, up from 21,000 now, net retirements.
Jetcraft’s forecast labels 2016 the last year in what it is dubbing “the post-2008 recession period”. It believes that we are now entering a new business cycle where units will be fewer but OEMs will have higher sales.
“I am going to call from here on a New Beginning. We are out of the recession period. We are back into activity anchored by the return to confidence in the North American market,” says Chad Anderson, Jetcraft president.
The forecast predicts that deliveries will peak at $31.4 billion in 2025, with buyers increasingly choosing larger aircraft. It forecasts that 2,589 large aircraft will be delivered, accounting for 63% of the total value despite accounting for just 31% of the total deliveries.
“Our clients need more and more globally capable aircraft,” says Anderson. “Their flight requirements have meaningfully increased in terms of size and range. The OEMs are seeing the same thing, which is why they are putting hundreds of millions into R&D to build aircraft that are globally capable. They are doing a good job of working out what clients need.
“As an organisation, Jetcraft has been around for more than 55 years and we have grown with our clients. We are very proud that a lot of our clients have been repeat customers and have grown out of smaller aircraft. We have followed our clients.”
Jetcraft is forecasting that Bombardier will deliver the most aircraft by value, followed by Gulfstream. The forecast predicts that Cessna will deliver the most aircraft by units.
Jetcraft expects aircraft buyers to continue to be split between corporates and individuals. It is also confident that large US corporates are back.
“US corporates are definitely re-fleeting. We are seeing that on a regular basis,” says Anderson. “There were corporations that put re-fleeting on hold but now it is OK to go back to the board and submit a re-fleet plan. In some cases, we are seeing re-fleeting equating to getting out of whole aircraft and going into fractional but we are seeing a lot of US corporates willing and able to get new aircraft.”
Anderson acknowledges that Jetcraft’s forecast could be impacted by geopolitical events and will change next year. This is the company’s third forecast and it is up 470 aircraft and $3 billion from last year’s forecast.
“New aircraft manufacturers or avionics companies or engine manufacturers have to take a five- to ten-year view for their R&D or to plan production,” says Anderson. “Thankfully we don’t have to. We can be much closer to the pulse and know when things are changing. We can see it, feel it and know it, based on real-life experience. That is the nice thing about being truly objective, and our forecast will change every year. It ought to. If it doesn’t, are we doing a good job analysing the market?”
He says that Jetcraft gets different insight. “Pre-owned aircraft sales is a closer beat to the heartbeat of the market. Because if we see airplanes five years or younger trading more, we are going to know about that first. As I talk to our counterparts around the world, everyone is seeing more activity – regardless of new aircraft sales – there is a lot more activity and a lot more predictability – thanks to the North American market in particular, followed by Europe.”
More optimism in the pre-owned market
While Jetcraft’s forecast does not predict that pre-owned values will rise quickly, Anderson sees that the pre-owned market is also changing. The company has created a proprietary model within this year’s forecast to specifically predict the pace of the pre-owned market, which it says will improve over the next decade.
“For the first time in a long while, we have a market where there is more than one buyer for one airplane,” Anderson says. “More and more frequently we are running into situations where we have multiple buyers for one aircraft and it’s been a long time since we have enjoyed that. It is always a difficult balance and not always good, as you never want to leave somebody unhappy or unable to buy what they want to buy. But the important point is aircraft that are professionally marketed, positioned and priced will sell in a relatively efficient amount of time. A year or two ago, people were saying: ‘I will wait a quarter for the price to come down.’ If they do that now, that airplane will be gone. If you wait, the aircraft that you have fallen in love with could be gone.”
Projections from Jetcraft’s Annual Market Forecasts – Past Three Years
Headquartered in Dallas, Texas with offices throughout the country, Mente Group is a leading business aviation and advisory company specializing in aircraft transactions, talent management, asset management, and strategic, operation and technical consulting. Mente serves large corporations, growth companies and private individuals worldwide. Its advisors have handled $10 billion in aircraft transactions and performed more than 500 business jet consultations.
Mente Group was founded on the philosophy that our clients will get sound aviation representation based on comprehensive strategies that mitigate risk and maximize value. Clients looking to understand their aviation options, purchase or sell business aircraft or source technical and operational consulting need to look no further. Mente Group has decades of experience partnering with clients from around the globe to bring aviation plans to life.
For more information about Mente Group, call our Dallas office at 214-351-9595 or visit our website at www.mentegroup.com.
Stonebriar Commercial Finance
SCF Aviation Capital, part of Stonebriar Commercial Finance (SCF), is an aircraft leasing and financing platform that provides customized capital solutions to owners, operators, dealers and manufacturers of business and commercial aircraft worldwide. SCF is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, SCF actively originates and manages a multi-billion-dollar platform of commercial loans and leases. SCF specializes in transactions for businesses in a wide variety of industries (aviation, rail, realty, marine, transportation, manufacturing, energy, etc.) across the entire credit spectrum with assets located throughout the world.
Aerion Supersonic of Reno, Nevada is introducing a new era of practical and efficient supersonic flight. In 2017, the company joined forces with GE Aviation for the first new civil supersonic engine in over 50 years and with Lockheed Martin to develop the Aerion AS2 supersonic business jet.
The 12-passenger AS2 is expected to fly at a maximum speed of Mach 1.4 over water, and, where permitted by regulation, at speeds approaching Mach 1.2 without a sonic boom reaching the ground. Once fielded, it will reduce trans-Atlantic trips by as much as three hours, enabling business leaders to fly roundtrip between New York and London in a day.
Aerion was formed in 2003 to advance more efficient supersonic technologies. Since that time, the company has developed and demonstrated advanced wing technology in conjunction with NASA and other leading aeronautical institutions.
In November 2015, Aerion announced a fleet order from fractional aircraft fleet operator Flexjet for 20 AS2 aircraft.
AIC Title Service
Based in Oklahoma City, OK, AIC is the industry leader in title search, escrow, FAA Aircraft Registry document submission, transaction management, lien clearance and International Registry services for fixed wing and rotary aircraft. A technological infrastructure, including the Aircraft Closing Room® secured by Blockchain, capable of delivering superior reliability, efficiency, and performance combined with the industry’s most experienced, dedicated, and customer service-oriented staff has been the key to AIC’s success.
WE PROVIDE TITLE INSURANCE: As with any large purchase or loan, as an aircraft owner or lender, your interests need to be protected against any title problems that could divest you of your interest in the aircraft. For a one time premium, have the peace of mind that comes with knowing your investment is protected.
Our job is to serve you in all of your aircraft documentation and transaction management needs. If you have any questions about any of our services, please call us at: 1-800-288-2519 or visit our website for online 24/7 services at: www.AICTITLE.com.
Aircraft Cost Calculator
Aircraft Cost Calculator is a web-based application that generates real-world cost calculations for hundreds of aircraft. It’s a cost-analysis tool that aircraft dealers, brokers, management companies, charter operators, financial institutions, and buyers and sellers of aircraft simply can’t go without.
Aircraft Finance Corporation
Profile coming soon.
Headquartered in Montreal, Canada, and with operations in Mexico, Morocco, United Kingdom, United States and Canada, Bombardier boasts a strong heritage and visionary innovation dating back to the start of civil aviation -- spanning some 110 years -- and is recognized globally as a leader in the design, manufacturing and support of both business jets and commercial airliners. The acquisition of Canadair in 1986 was the first of several strategic moves that would see Bombardier consolidate leading aircraft design and manufacturing experience from around the world. In the following six years, Bombardier grew in strength and stature, by acquiring in 1989 the world’s first aircraft production company -- Northern Ireland-based Short Brothers -- followed thereafter by Learjet of Wichita, USA, in 1990, and de Havilland Canada in 1992.
Bombardier Business Aircraft currently offers the broadest portfolio of business jets with its popular Learjet*, Challenger* and Global* aircraft families. In their respective segments, the Learjet 70* and Learjet 75* aircraft feature superior cruise speeds, high climb rates and operating ceilings, and competitive operating costs. In the medium category, the Challenger 650* and class-defining Challenger 350* offer industry-leading cabin design and amenities as well as performance and reliability attributes synonymous with the Challenger family.
The Global* long-range aircraft family -- featuring Bombardier’s unmatched smooth ride technology – is recognized globally for its range, speed and cabin comfort. On May 27, 2018, Bombardier unveiled its new Global 5500 and Global 6500 aircraft, with class-leading ranges of 5,700 and 6,600 nautical miles, respectively, and top speeds of Mach 0.90. Four months later – on Sept 28, 2018 – the pioneering Global 7500 was awarded Transport Canada type certification, paving the way for entry-into-service. The only purpose-built, four-compartment cabin specifically designed to deliver uncompromising levels of range, speed and cabin comfort, the Global 7500 is also expected to earn approval from the Federal Aviation Administration and European Aviation Safety Agency shortly.
Bombardier supports its customers globally through an international network of field service personnel and a combination of wholly owned and authorized MRO facilities. On Oct 3, 2018, Bombardier announced another wave of MRO growth with a new 300,000-sq-ft service center at Miami-Opa Locka Executive Airport to be operational in 2020, following on newly operational Bombardier service centers in Biggin Hill, U.K., and in Tianjin, China. This growing network also includes 24/7 customer response centers, mobile 2 parts delivery services, spare parts depots, and pilot and maintenance training facilities.
*Trademarks of Bombardier Inc. or its subsidiaries.
Founded in 1968 by legendary aviator and industry pioneer Clay Lacy. Today, Clay Lacy Aviation is considered the world’s most experienced operator of private jets. Prominent individuals and leading corporations trust Clay Lacy for aircraft management, charter, maintenance, avionics, interiors and FBO services. The company has aircraft operations and regional offices across the U.S., including FBOs at Van Nuys Airport in Los Angeles and Seattle’s Boeing Field, and FAA repair stations in Van Nuys, Seattle, and San Diego. With the most knowledgeable team in the industry, Clay Lacy delivers superior safety, service and value to aircraft owners and jet travelers worldwide. Visit www.claylacy.com
Every 10 seconds an Embraer-manufactured aircraft takes off somewhere in the world, transporting over 145 million passengers a year. Since its inception nearly 50 years ago, Embraer has boldly and consistently revolutionized the commercial, defense, agricultural and business aviation segments – and now, as one of the world’s leading aircraft manufacturers, Embraer also boasts the broadest portfolio of business jets in the market. Our beautifully designed, brilliantly engineered aircraft continuously blaze new trails, and when it comes to delivering the ultimate in value and customer experience, Embraer is in a class by itself. We take on our customers’ challenges and apply fresh, innovative perspectives to create solutions that enable our clients to outperform. That’s Embraer’s mission, and that’s what truly makes all the difference.
Our world-class lineup of extraordinary business aircraft includes the entry-level Phenom 100, the trailblazing Phenom 300 light jet, the revolutionary Legacy 450 and Legacy 500 medium-cabin jets, the large Legacy 650E and the ultra-large Lineage 1000E. Embraer’s global business jet fleet exceeds 1,100 aircraft, which are in operation in more than 70 countries all supported by the world’s No. 1-ranked product support team and more than 70 owned and authorized service centers.
Embraer is a global company headquartered in Brazil with businesses in commercial aviation, defense and security, executive aviation, agricultural aviation and aircraft services and support. Our industrial units, offices, service facilities and parts distribution centers, among other activities, span across the Americas, Africa, Asia, Europe and the Middle East. Embraer Executive Jets’ expansive North American campus is located in Melbourne, Florida, and includes an ultramodern Global Customer Center, a 75,000-square-foot Engineering & Technology Center and state-of-the-art production facilities for the Phenom 100, Phenom 300, Legacy 450 and Legacy 500.
Profile coming soon.
GE Aviation is committed to providing leading propulsion systems for business and general aviation (BG&A) customers around the world. We provide jet engines for small and large cabin business aviation aircraft and turboprop engines for BG&A operators. We are passionate about customers and the flexibility, access and productivity their flight operations bring to remote communities, commerce, recreation, agriculture, medical missions, pilot training, and humanitarian aid.
GE has a global service network to support these offerings. GE and its customers are also working together to unlock new opportunities to grow and deliver more productivity beyond traditional services. GE Aviation is becoming a digital industrial business with its ability to harness large streams of data that are providing incredible insights and in turn, real operational value for customers.
Gogo Business Aviation
With more than two decades of experience, Gogo is the leader in inflight connectivity and wireless entertainment services for business fleets and commercial airlines around the world. Gogo connects aircraft, providing its partners with the world’s most powerful networks and platforms to help optimize their operations. Gogo’s superior technologies, best-in-class service, and global reach help planes fly smarter, and passengers travel happier.
Today, more than 4,000 business aircraft are flying with Gogo’s connectivity solutions onboard, including the world's largest fractional ownership fleets, and Gogo is a factory option at every major business aircraft manufacturer. Gogo also has partnerships with 16 commercial airlines with its connectivity solutions flying on more than 3,000 commercial aircraft. Gogo’s corporate presence globally includes multilingual customer and technical support available around the clock from teams based at several locations worldwide. Connect with Gogo at business.gogoair.com and www.gogoair.com.
Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in Basel, Switzerland in 1967 and is one of the leading business aviation services companies in the world. Close to 4,500 employees cater to client needs from more than 25 airport facilities throughout Europe, the Middle East, Asia, North America and the Caribbean. The company provides maintenance, completions and refurbishment, engineering, FBO and fuel services, along with aircraft management, charter and staffing services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of close to 300 aircraft.
Jet Support Services, Inc. (JSSI)
Founded in 1989, JSSI is the only hourly cost maintenance provider covering virtually all makes and models of business aircraft, engines and APUs. JSSI provides its customers with comprehensive, flexible and affordable financial tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine-powered aircraft, including jets, turbo-props and turbine-powered helicopters. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors.
At OPMAS, we have dealt with aircraft customs handling for more than two decades. This is the only service we provide. We are not involved in financing, offshore tax structures, tax planning or yachting etc. Over these last 20 years, we have learned that long-term local presence and knowhow are essential when it comes to aircraft importation and admission in order to avoid unpleasant surprises. Our experienced acquired knowledge and strong and invaluable handling with the Danish authorities ensure a smooth handling process.
Denmark has the very best reputation both within the EU and worldwide. Denmark is further number one on the Transparency List over the least corrupt nations in the world. We are known always to implement all EU-directives promptly and 100% by the book without ANY bending of the rules in favour of local companies. Denmark is the only member state involved in aircraft importation or admission, which is not considered a tax haven.
We have an extensive legal, aviation and administrative background. Our founder and CEO, Lasse Rungholm, is an aviation lawyer (L) and commercial airline pilot (ATPL, EASA and FAA) with more than 20 years of experience in these fields. Denmark has been the member state of choice for these procedures for a long time and our local presence and detailed knowledge of the systems mean that any proposed change in legislation can be easily detected and implemented. We are not strangers setting up shop in a foreign jurisdiction. We know that one of our strongest assets is our extensive local knowledge and long experience working with the authorities.
We are a FULL-SERVICE provider – with no exceptions – and we will support you in any situation. You will never walk alone.
Please, contact us regarding your situation – we will advise you of the best solution for our situation and needs. For more information go to: www.opmas.dk.
Pratt & Whitney Canada
As a global leader in aerospace, Pratt & Whitney Canada (P&WC) is shaping the future of corporate, helicopter and regional aviation with dependable, new generation engines. Approximately 12,000 operators around the globe depend on our engines to power their aircraft. We currently have more than 53,000 engines in service (60,000 including our Auxiliary Power Units – APUs) in over 200 countries and territories. Innovation is the cornerstone of our business strategy. This has given P&WC a solid and enviable position in the global marketplace, leading and shaping the future of corporate, helicopter and regional aviation with proven technologies and dependable new-generation engines.
The Registry of Aruba
Aruba is an autonomous and self-governing state of The Kingdom of the Netherlands and an overseas territory of the European Union.
Established in 1995, the Registry of Aruba was the first privately managed aircraft registration program rated Category-1 by the FAA, with regulatory framework in compliance with international standards.
Aruba is an OECD white-listed tax-efficient offshore jurisdiction with an outstanding reputation that offers flexibility and value adding services; enhanced through the introduction of the Cape Town Convention and the registration of an aircraft through the election of domicile.
Innovation continues in Aruba as we develop and grow our client services, offering the utmost qualified registration, certification, and inspection team; efficiently managing all the details involved when registering your private, corporate, and commercial aircraft.
With a dedicated and experienced staff, our management and technical personnel are available 24/7 to offer personalized and effective service to meet all operational needs from day one.
Our top priority is providing excellence in service and creating long lasting relationships with our customers. We pride ourselves in offering unrivaled boutique-appeal solutions preserving Air Safety First.
Simplifying the business of flight
From the cockpit to the cabin, connectivity to flight operations, business aviation customers rely on Rockwell Collins to help pilots navigate safely and reliably. The recent addition of our wide range of cabin interiors broadens the possibilities for a cabin filled with connectivity, comfort and entertainment.
With broadband-style connectivity that moves at the speed of your business to intuitive and mobile solutions for flight operations, Rockwell Collins is leading the way in managing the complex operations and expectations of a business jet operator through our ARINCDirectSM flight support services.
We look forward to seeing you at this year’s Corporate Jet Investor to speak more about how our solutions can transform your flight experience.
Rockwell Collins have acquired ARINC in late 2013.
Satcom Direct (SD) provides global connectivity solutions for business and general aviation, military, government, and heads of state aircraft, as well as operations in areas with connectivity limitations such as remote locations, large scale events, and disaster recovery. SD is a technology innovator. Since 1997, its teams have worked to advance the technology of connectivity, making SD the first in the marketplace to deliver numerous advancements and capabilities. The company is a premier Inmarsat Distribution Partner (including Jet ConneX), Iridium Service Partner, ViaSat Yonder’s preferred reseller, and the Exclusive Service Provider for SmartSky Networks.
Vedder Price and our 300-plus lawyers serve a global client base from offices in Chicago, New York, Washington, DC, London, San Francisco, Los Angeles and Singapore.
Vedder Price enjoys a strong worldwide reputation for legal services related to global transportation finance. We serve a broad base of clients across all transportation sectors, including the aviation, aerospace, railroad and marine industries, and are positioned to serve both US-based and international clients who execute deals under New York and English law.
You can expect to work with creative, experienced attorneys who have both deep practical experience and broad transportation industry perspectives – insight that can support you in matters ranging from simple to highly complex.
With one of the largest and most experienced Business Aircraft Finance practices in the world, Vedder Price is able to provide counsel in all aspects of business aircraft financing transactions, particularly large jet aircraft but also small jets, turboprop aircraft and helicopters.
ViaSat is on a mission to connect the world. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight.
Office in the sky takes on a new meaning with ViaSat in-flight internet for business aviation. Be as productive in the air as you are on the ground. Our service today lets you do all of your normal office tasks plus streaming media and teleconferencing so aircraft owners, guests, and staff can use the internet the way they want. The ViaSat network covers over 90% of the world’ most popular flight paths.
ViaSat Ka-band enables business and private jet users to unlock the value of more… by getting a more powerful performing in-flight internet service that delivers more speed, more performance, and more reliability—globally. ViaSat’s system is built for tomorrow’s internet, empowering users to do more on board. The current Ku-band equipment can remain as a high-speed backup option giving you the best service wherever you travel.
In service since 2006, ViaSat services deliver predictable monthly fees, a high-speed connection, generous data allowances, and are available during all phases of flight.
Wheels Up is a revolutionary membership-based private aviation company that significantly reduces the upfront costs to fly privately, while providing unparalleled flexibility, service and safety. Created and led by renowned entrepreneur Kenny Dichter, Wheels Up offers guaranteed availability to its private fleet of new Beechcraft King Air 350i and Citation Excel/XLS aircraft to individual, family and corporate members. With the cutting-edge Wheels Up mobile app, members can seamlessly book flights, manage their accounts, participate in ride-share opportunities and select Hot Flights, a vast selection of one-way “empty leg” flights that are posted daily to the app and updated in real time. Members also have access to Wheels Down, a program featuring exclusive events and experiences, unique partner benefits and a full-service luxury concierge.
Company launched on 1 August 2013, with the largest King Air order.
AMSTAT & Aircraft Shopper Online
AMSTAT is the leading provider of global business aircraft market information. Our services are designed to generate revenue and deliver competitive advantage to: aircraft brokers, dealers; finance companies; OEMs; fractional providers; FBOs; airports and parts suppliers active in the business jet, turbo-prop and turbine helicopter segments. Through accurate reporting on the worldwide fleet, resale market, new and used transaction activity, fractional market and aircraft values we enable our clients to work more efficiently and to generate new business every day.
Asset Insight, LLC provides asset optimization solutions to support entities with a financial interest in an asset through valuations, analytics, audits, specialty services, and consultation, both nationally and worldwide.
Asset Insight provides a broad spectrum of valuation services, from machinery and equipment to business valuations. As one of the world’s largest aviation valuation firms, Asset Insight has been involved in thousands of aircraft appraisals, from light single-engine to heavy airline transport aircraft, and has earned a reputation for quality service, responsiveness, and innovative use of technology. The company’s maintenance “Asset Grading System Process,” and related analytics, translate an asset’s
technical condition into actionable, financial information utilizing an easy-to-understand, standardized scoring system, resembling a credit score – the “Asset Insight Index.”
Asset Insight is managed by a group of business, technical, and financial professionals with significant experience in various aspects of the asset management industry. The company is independent of any manufacturer, financial services firm, or technical services facility, enabling it to provide an unbiased view of an asset’s maintenance condition and related value. Combining detailed maintenance information with the company’s extensive databases and advanced statistical modeling allows Asset
Insight to provide the most accurate, up-to-date valuations and Residual Value estimates.
The Avinode Group is a leading technology and data partner for the business air charter industry. The Avinode Group’s cloud-based ecosystem helps charter brokers, operators and flight departments succeed globally.
The portfolio of services holds Avinode, SchedAero and PayNode.
Avinode, the world's leading B2B platform for buying and selling air charter. www.avinode.com
PayNode, the world’s first payment system developed for business aviation. www.paynode.com
SchedAero, a flight operations software for operators, flight departments and private aircraft owners. www.schedaero.com
Global Jet Capital
With approximately $2.5 billion in assets under management and the additional current committed capacity to lend, Global Jet Capital has the expertise, financial strength, industry relationships, and infrastructure necessary to offer a variety of flexible leasing and financing solutions at the speed the market requires. We currently serve nearly all jurisdictions and have the capital and expertise to meet the needs of today's rapidly expanding and diversifying private jet owners and operators.
Jetcraft is the leader in international aircraft sales, marketing and ownership strategies, managing and maintaining over 20 regional offices globally. The company’s unparalleled success over more than 50 years in business aviation has earned it a world-class reputation, along with an exceptional customer base, a wide network of connections and one of the largest inventories within the industry.
Profile coming soon.
King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with more than 1,000 lawyers in 20 offices in the United States, Europe, the Middle East and Asia.
Our Global Finance practice brings together more than 100 finance lawyers to represent lenders, arrangers, lessors, investors, funds, borrowers, issuers, lessees underwriters and financial sponsors across the full range of debt and equity financings, lease structures as well as acquisitions and dispositions of portfolios and mobile assets. Over the past three years, we closed approximately 600 finance transactions for our clients, amounting to $165 billion in aggregate financing.
We provide clients worldwide with expertise in leveraged finance, capital markets, mergers and acquisitions, structured finance, project finance, Islamic finance, real estate capital markets, financial restructuring, and tax and regulatory matters—areas for which the firm and our lawyers are rated among the best in the world. Our aim is to provide targeted, multidisciplinary expertise across offices in an efficient and commercially savvy manner.
Our aviation finance lawyers have extensive experience advising clients on various financing structures involving aviation assets in North America, Europe, Asia, Oceania and South America—including operating leases, leveraged leases, capital leases, synthetic leases, syndicated and single-bank credit facilities as well as on purchases and sales of aircraft, engines and portfolios involving aircraft and aircraft-related assets. The financing structures include the use of owner trusts and voting trusts to satisfy FAA U.S. citizenship requirements and other structures for foreign registration, operation of and security over aircraft operating
in foreign jurisdictions.
We are most recognized in representing parties in business aircraft financing and leasing transactions involving domestic and foreign owners and operators. While typically we represent lenders and finance companies that lease or provide loans to acquire or refinance aircraft, we also have significant experience representing lessees and borrowers in financings and leases as well as financial sponsors in acquisition transactions involving aircraft, aircraft engines, spare parts and aircraft service companies. Our team also advises clients on transactions for aircraft support companies including parts manufacturers and suppliers, MROs and other businesses related to the aircraft and transportation industries.
In addition to aviation finance, our attorneys serve as counsel to airports, airport financiers, commercial airlines and aircraft and aerospace manufacturing in the U.S. and abroad. This broad experience in the aviation industry results in proactive advice on financing, ownership, acquisition and operation of aviation assets for clients as well as expertise in handling the complexities of workout, bankruptcy, restructuring, litigation and global disputes in the aviation industry.
McAfee & Taft
McAfee & Taft. Located just miles from the Federal Aviation Administration Aeronautical Center in Oklahoma City, the law firm of McAfee & Taft has distinguished itself in the field of aviation law as having one of the largest and most experienced FAA aviation groups in the United States.
McAfee & Taft’s Aviation Group actively represents national and international clients – from individuals to leaders in industry – on a wide spectrum of aviation matters, including aircraft title and registration, The Cape Town Convention and International Registry matters, escrow closings, aircraft ownership issues, import/export matters, closing and post-recordation opinions, and unmanned aircraft systems. The firm also represents clients in the resolution of disputes involving the perfection of ownership rights, chain of title issues, slander of title claims, and the validity of liens placed on the aircraft.
The firm is also one of only four law firms in the United States to be selected for membership in L2B Aviation, an international association of independent law firms that specializes in providing legal advice to the aviation industry.
PNC Aviation Finance
PNC Aviation Finance is an industry leading provider of corporate aircraft finance. Our suite of flexible financing solutions is uniquely designed to meet the needs of sophisticated corporate aircraft owners.
Whether you are looking to purchase, refinance or lease, PNC Aviation Finance has an option that is right for you, from asset-based to credit-based. And, as part of The PNC Financial Services Group, Inc., we can provide access to the broad array of financial solutions that are offered by one of the nation’s top financial institutions.
At PNC Aviation Finance, aircraft loans are what we do… and we do them well. With our team of 40 experienced professionals dedicated exclusively to aircraft financing, we believe that our commitment to service is unmatched in the industry.
Rolls-Royce designs, develops, manufactures and services integrated power systems for use in the air, on land and at sea. We are one of the world’s leading producers of aero engines for large civil aircraft and corporate jets. We are the second largest provider of defense aero engines and services in the world. For land and sea markets, reciprocating engines and systems from Rolls-Royce are in marine, distributed energy, oil & gas, rail and off-highway vehicle applications. In nuclear, we have a strong instrumentation, product and service capability in both civil power and submarine propulsion.
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