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Tracey Cheek posted an articleplanesworth Joins National Aircraft Finance Association see more
FOR IMMEDIATE RELEASE
EDGEWATER, Md. – Feb. 11, 2019 - National Aircraft Finance Association (NAFA) is pleased to announce that planesworth™ has recently joined its professional network of aviation lenders. “NAFA members proudly finance - support or enable the financing of - general and business aviation aircraft throughout the world, and we’re happy to add planesworth™ to our association,” said Ford von Weise, President of NAFA.
The company focuses on adding value to UNHW individuals, wealth managers, investment bankers and their tax advisors through asset valuation, acquisition and equipment finance processes. The company also aids aircraft owner-operators, managers and brokers with services such as USPAP appraisal, market insight (market or fleet evaluations), diminution of value, expert witness testimony, brokerage and aircraft management consulting.
Led by founder, Stephen J. Coonan, Sr., planesworth™ has built up a strong acumen and affinity to the aviation industry with over $25B worth of evaluated corporate aircraft. Mr. Coonan, Sr. specializes in aircraft valuation and acquisition. He spent 17 Years as a Senior Aircraft Appraiser of the National Aircraft Appraiser’s Association and is transitioning to the American Society of Appraisers (ASA). He is compliant with the Uniform Standards of Professional Appraisal Practices (USPAP). His range of aircraft appraisal experience includes Boeing Business Jets, Gulfstreams, Learjets, Challengers, Hawkers, Falcons and Citations. In the past twenty years, he has completed over $25 billion in aircraft valuations.
Accompanied by Stephen J. Coonan, Jr., “Junior”, with his expertise in assets and capital markets, planesworth™ is able to find and evaluate up-to-date market data, helping create insight for their clients. In the past three years the group has acted as agent for either the buyer or the seller in the acquisition of several corporate aircraft, valued at over $100 million. Their portfolio includes the private wealth management clients of several Fortune 50 banks and corporations, including Citibank, Merrill Lynch, Goldman Sachs, Wells Fargo and Deutsche Bank.
Much like NAFA, planesworth™ provides a high level of knowledge and experience to help their clients make smart and informed decisions. planesworth™ and NAFAare dedicated to advancing the aviation industry as a whole byfosteringthe education and communication necessary for safe and timely appraisals and transactions.
For more information about planesworth™, visit www.planesworth.com.
About NAFA:
The National Aircraft Finance Association (NAFA) is a non-profit corporation dedicated to promoting the general welfare of individuals and organizations providing aircraft financing and loans secured by aircraft; to improving the industry's service to the public; and to providing our members with a forum for education and the sharing of information and knowledge to encourage the financing, leasing and insuring of general aviation aircraft. For more information about NAFA, visit www.NAFA.aero.