Jetcraft partners with former JetEdge CEO’s new firm AeroVentures
Jetcraft is partnering with former JetEdge CEO, Bill Papariella’s new company, AeroVentures.
AeroVentures is an investment firm focused on direct equity and credit investments in technology, service and infrastructure solutions for business aviation. The experience of the portfolio management team and CEO Papariella in the global aviation industry positions AeroVentures as a “powerful new investing partner” in the category, according to AeroVentures.
Chad Anderson, CEO at Jetcraft, said: “With Jetcraft, Bill is taking his global perspective to the next level. He is a recognisable force in this industry and now he has access to a leading transaction team located all over the world that’s backed by proprietary data analytics. Our partnership with AeroVentures will allow him to better serve the demands of his clients, and his strategic aircraft investments.
“For Jetcraft, AeroVentures gives us access to Bill’s extensive network supported by strong credit lines, creating even more opportunities for our customers to continue transacting at the Speed of Life. We’re looking forward to a fruitful relationship.”
Bill Papariella, CEO of AeroVentures, added: “As a premier private aviation brokerage with unmatched international reach, data-driven market analysis, and advisors that possess extensive knowledge in the global private aviation ecosystem, we are pleased to partner with Jetcraft. As the private aviation industry continues to experience shifting demand, AeroVentures looks forward to helping Jetcraft further succeed by accessing our capital on a global scale for aircraft transactions across the world.”