 Articles and Presentations To download an article, you must be a NAFA member and be logged in. Back to Article Overview Asset Values There Is No Substitution For Clarity (download) March 2006 By Jay Mesinger CEO, J. Mesinger Corporate Jet Sales "This month's article deals with a topic near, dear and fresh to my heart: The pre-buy." Managing Collateral Risk Using Aircraft Appraisals (download) March 2006 By Michael J. Simmons, NAAA "Many bankers who finance aircraft believe that items such as appraisals are a cost overhead that can be avoided." Maximizing Security (download) February 2003 Newsletter By Anthony Kioussis, Vice President, New Business Development JSSI "Whether relying on the financial strength of the borrower/lessee or on the residual value of the asset, a financial services company is always exposed when an aircraft is repossessed due to operator default. In addition, to numerous remarketing expenses, the asset's market value can be negatively impacted by time used on existing components and upcoming scheduled maintenance. For this reason, numerous lenders have, for many years now, mandated that aircraft they finance be enrolled on an Hourly Cost Guarantee Program..." |