Stonebriar Commercial Finance (SCF) has provided a $9.8m, 60 month term loan refinancing for a 15 year old Bombardier Global Express business jet.
The borrower is a leading aviation company that provides a wide array of turnkey aviation solutions to an extensive and diverse client base of corporations, governments, and individuals throughout the world.
Michael Amalfitano, EVP, senior managing director, Business Aviation Finance at Stonebriar said: “SCF worked closely with our client to tailor a cost effective and creative financing solution that capitalized on our extensive knowledge in business aviation assets to solve the client’s aircraft and financial objectives, as well as provide a secured asset strategy to address the future opportunities for the client’s growing business.”
Stonebriar is a privately held commercial finance company established in April 2015 and based in Plano, Texas. Since its inception, Stonebriar has funded and committed to in excess of $550 million in financing.
Efforts to increase fuel efficient aircraft operation and an increasing demand for digital solutions are two main drivers for the aviation industry’s – a substantial transformation process...
Rolls-Royce Pearl 700 engines successfully powered the first flight of the Gulfstream G800 using 100% Sustainable Aviation Fuel. The flight was part of Gulfstream Aerospace’s high-altitude fligh...
easyJet has welcomed its 15,000th Fearless Flyer participant onboard and helped them take to the skies with confidence. Since launching in 2012, easyJet’s Fearless Flyer programme has helpe...
GOL Linhas Aéreas launched new nonstop service between Rio de Janeiro (GIG) and New York (JFK), marking the airline's first long-haul international route. The service began with inaugu...
