50 SKY SHADES - World aviation news

Successful 2018 for JetLoan Capital

Download: Printable PDF Date: 11 Feb 2019 08:50 (UTC) categories:
Publisher:
Successful 2018 for JetLoan Capital - Finance publisher
Dana Ermolenko
Country: United States Aircraft: Airplanes

"2018 was a success", announced Sam Harris, President of JetLoan Capital.  While continuing their funding of jet transactions, the new general aviation department thrived.

JetLoan Capital experienced continued growth in 2018 with 70 closed transactions and over $100,000,000 in funded loans. The aircraft finance company with 25 years of industry experience and over $2 billion in funded aircraft continues to be active in small, mid cabin and large cabin jets. In addition, JetLoan Capital started a general aviation financing program in 2018 funding transactions through a unique group of banks and credit unions specializing in smaller loan amounts including piston and turbo prop aircraft.

The year concluded very strong for JetLoan Capital in December, closing 10 aircraft loan transactions. December jet transactions consisted of a Falcon 2000 LXS and a Pilatus PC-24. The general aviation transactions consisted of two Pilatus PC-12's, a King Air 300, a Piper M500, three Cirrus aircraft, and a Piper Seneca.

JetLoan Capital is an independent aviation financial brokerage firm assisting aircraft owners with financing and refinancing jet, turboprop, piston aircraft, helicopters and commercial aircraft. JetLoan Capital's group of over 100 banks, leasing companies,and private equity funding sources ensure competitive terms.

 





Recommended

Airbus A350F freighter successfully performs its maiden flight

The Airbus A350F freighter (MSN 700), the first of two flight test aircraft, has successfully completed its maiden flight. Equipped with dedicated flight test instrumentation, the aircraft spent 4 hou...

RAF 2026 - RTU opens new pathways for European aerospace collaboration

Speaking during the Riga Aviation Forum 2026, Pauls Irbins, Head of the Aerospace Direction at the RTU Innovation Office, presented a compelling vision of how Riga Technical University (RTU) can becom...

EHang brings Global Fast Track Program to Vietnam, marking its second international market

EHang has announced the expansion of its Global Fast Track Program to Vietnam, making it the second country to join the initiative after Sri Lanka. The program’s launch in Hanoi also marks...

Biman Bangladesh Airlines boosts fleet modernization through 11-jet Boeing order

Boeing and Biman Bangladesh Airlines announced the national carrier placed an order for 11 787 Dreamliner and 737 MAX airplanes to grow and renew its fleet. The purchase, which includes five 787-10 an...

Android Apps development in Riga, Latvia