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  • NAFA Administrator posted an article
    NAFA Welcomes New Member: Global Aircraft Group see more

    FOR IMMEDIATE RELEASE: June 7, 2024 

     

    Contact: Tracey Cheek 
    tlc@nafa.aero  
    405-850-1292 
     

    Mark Parry 
    413-335-7507
    mark@globalaircraftgroup.com 

     

    NAFA Welcomes New Member: Global Aircraft Group 

     

    Edgewater, MD –June 7, 2024—The National Aircraft Finance Association (NAFA) is pleased to announce that Global Aircraft Group has recently joined its network of aviation professionals. Global Aircraft Group services clients with aircraft appraisals, aircraft insurance claims adjustments, expert witnesses, pre-buy inspections and desktop appraisals.  

    “NAFA members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world,” said Ed Medici, NAFA President. “We’re excited to welcome Global Aircraft Group to our growing organization. Their services enhance NAFA’s available offerings, and we support their services to advance our members.” 

    About Global Aircraft Group: 
    Global Aircraft Group provides professional aircraft appraisal services, expert assessments and valuations for a diverse range of aviation clients. The company’s experienced and certified appraisers deliver accurate and reliable appraisals that go beyond simple book values, considering each aircraft’s unique features and conditions. 

    Global Aircraft Group's appraisals serve as persuasive independent evidence of an aircraft's condition, supporting selling prices, aiding prospective buyers in obtaining financing or insurance and helping financial institutions to substantiate the nature and value of an aircraft as collateral. By distinguishing a seller's aircraft from others listed for sale, the company's professional appraisals can reduce the time required to sell an aircraft by up to 50%, establishing Global Aircraft Group as a trusted partner for aviation clients seeking expert valuations and assessments. 

    For more information, visit http://www.globalaircraftgroup.com

    About Mark Parry: 
    Mark Parry, President and founder, brings over three decades of expertise in corporate aviation to Global Aircraft Group. With a diverse clientele and extensive professional resources, Parry strives to achieve positive returns on clients' investments and capital. His background in the industry includes various roles at Bombardier, where he gained invaluable experience in sales, maintenance, completion and pre-purchase inspections. 

    Before establishing Global Aircraft Group, Parry worked at Lockheed Advanced Development Program, "The Skunk Works," under the renowned Kelly Johnson. He holds a bachelor's degree in management from the University of Massachusetts. He is a Senior Certified Aircraft Appraiser, a member of the Professional Aircraft Appraisal Organization and a Licensed Airframe and Power Plant Mechanic. 

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for over 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer.  

  • NAFA Administrator posted an article
    Global Jet Capital releases their Business Jet Market Outlook \ 2024-2028 see more

    The Global Jet Capital Business Jet Market Outlook summarizes the outputs of our proprietary transaction forecast model covering the period of 2024 through 2028. It reflects our projection of future activity in the business jet market in both the new and pre-owned segments across different geographies.

    The business jet transaction market shrank in 2023 as OEMs continued to deal with supply chain and labor constraints and the pre-owned market continued to normalize from a historically strong 2021. Despite some headwinds in 2024, the business jet market remains resilient, and we forecast steady growth over the next five years.

    Download the Forecast here

    This forecast was originally published by Global Jet Capital on May 27, 2024.

  • NAFA Administrator posted an article
    Jetcraft releases Ever Forward: 2024 Pre-Owned Business Jet Market Forecast 10th Anniversary Edition see more

     

    Jetcraft has spent the past 10 years honing our ability to analyze the market and build on our data capabilities, allowing us to make increasingly accurate predictions for the years ahead.

    This commitment to a data-science led approach provides greater transparency for buyers, sellers and the wider business aviation community when navigating the market.

    Thank you for reading along with our predictions over the past decade.

    Click here for this year's forecast

    This forecast was originally published by Jetcraft on May 28, 2024.

     

  • NAFA Administrator posted an article
    GAMA Releases First Quarter 2024 Aircraft Shipment and Billing Report see more

    WASHINGTON D.C. –  Today, the General Aviation Manufacturers Association (GAMA) published the First Quarter 2024 General Aviation Aircraft Shipment and Billing Report. The results for the first three months of 2024 when compared to the same period in 2023, show deliveries were flat for piston airplanes and piston helicopters, decreased for turboprops and turbine helicopters, and increased for business jets. Total aircraft billings were up 3.2% at $4.7 billion. 

    “While the first three months of the year produced a mixed report, the health of the industry remains solid with robust order backlogs strong across all segments. Our industry continues to be challenged by significant supply chain issues across the board that range from raw materials, through forgings and castings, to basic parts availability. These challenges are most acute in our engine sector. Workforce availability is yet another area that is constraining production. However, we are encouraged to see deliveries of business jets continue to increase and remain optimistic that this trend will include other aircraft segments as the year progresses. It is also encouraging for the industry to have a long-term reauthorization of the FAA passed into law and the new leadership atop both the FAA and EASA working to strengthen the effectiveness of their bilateral relations and work. These factors will help the industry move forward with new and enhanced technologies, products and innovations,” said Pete Bunce, GAMA President and CEO.

    Read full report here

    This report was originally published by GAMA on May 29, 2024.

  • NAFA Administrator posted an article
    NAFA Welcomes New Member: International Jet Traders see more

    FOR IMMEDIATE RELEASE: May 28, 2024 

                                     

    Contact:
    Tracey Cheek  
    tlc@nafa.aero  
    405-850-1292 


    Marcelo Abello 
    intljettraders@aol.com 
    954-491-1941 

     

    NAFA Welcomes New Member: International Jet Traders 

     

    Edgewater, MD – May 28, 2024—The National Aircraft Finance Association (NAFA) is pleased to announce that International Jet Traders has recently joined its network of aviation professionals. International Jet Traders services clients worldwide by selling and acquiring jets, turbo-prop airplanes and turbine-powered helicopters.   

    “International Jet Traders joining NAFA is a step forward in advancing our mission to improve and facilitate the financing process to support aircraft buyers,” said Ed Medici, NAFA President. We welcome International Jet Traders to our growing organization and enhancing opportunities for all our members.”  

    About International Jet Traders: 
    Marcelo Abello, chief executive and founder of International Jet Traders, has specialized in the sales and acquisition of jet aircraft and helicopters since 1984. Marcelo formed International Jet Traders in 1991 to satisfy worldwide buyers and sellers of jets, turbo-prop airplanes and turbine-powered helicopters. Today, the company provides personalized aircraft brokerage and acquisition services to an ever-expanding international client base.  

    Marcelo has built a reputation for integrity and customer-centric operations that focus on short and long-term client interests. Since the inception of International Jet Traders, the company has handled sales and acquisitions of over 500 aircraft. 

    Sonya Sheldon, who assumed the role of Partner at International Jet Traders in January 2024, adds experience and technical knowledge to the company's leadership team. With over three decades of dedicated service in the Business Aviation sector, including notable roles as Vice President of Sales in the pre-owned aviation industry and as a Flight Test Engineer and Senior Sales Engineer at Gulfstream Aerospace, Sonya's arrival aligns seamlessly with International Jet Traders' commitment to delivering top-quality performance and personalized service. 

    International Jet Traders focuses on corporate aircraft sales and acquisitions. This specialized approach ensures a commitment to negotiating contracts that prioritize the client’s best interests. With access to the latest technology and market research, the company possesses correct and updated information on the pricing and availability of every registered airplane worldwide, enabling it to seize key opportunities that maximize clients' return on investment.  

    The company works closely with a select clientele to help them achieve their corporate aviation goals, fostering long-lasting business relationships that provide value to their client’s aviation departments. The company’s success is clear in its impressive track record, with much of its business coming from repeat customers. The team leverages its industry knowledge to identify strategic opportunities quickly and cost-effectively while maintaining high ethical standards.  

    For more information, visit http://www.intljettraders.com/

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for over 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

  • NAFA Administrator posted an article
    NAFA Welcomes New Member: Prism Bank see more

    FOR IMMEDIATE RELEASE: May 15, 2024 

                                     

    Contact: Tracey Cheek 
    tlc@nafa.aero
    405-850-1292

    Matthew Scantlin 
    SVP, Director of Commercial Banking 
    405-260-9836 
    M: 405-641-0456 
    MScantlin@prism.bank 

     

     
    NAFA Welcomes New Member: Prism Bank 

     

    Edgewater, MD –May 15, 2024—The National Aircraft Finance Association (NAFA) is pleased to announce that Prism Bank has recently joined its network of aviation professionals. Prism Bank offers personalized lending solutions and consultation services to help clients achieve their aviation aspirations.   

    “NAFA members proudly finance, support or enable the financing of general and business aviation aircraft throughout the world, and we are happy to add Prism Bank to our association,” said Ed Medici, President of NAFA.   

    About Prism Bank: 

    Prism Bank has been a trusted institution serving central Oklahoma and beyond since 1909. Their dedicated team and entrepreneurial culture have contributed to their customers’ success for over a century. The bank's service offerings include several areas of specialization, and it is a leader in aviation finance. 

    Prism Bank understands the intricacies of aircraft ownership. Whether you're an aviation enthusiast or an experienced pilot, its dedicated Aviation Finance team will find a solution to turn your dreams into reality. 

    Prism Bank’s approach goes beyond traditional lending. They create a personalized pathway to ownership that aligns with your financial goals. 

    • Personalized Lending Solutions: Tailored lending solutions perfectly fit your financial situation and aviation aspirations. 

    • Consultative Approach: The Aviation Finance Team guides you throughout the process, understanding your financial position and aircraft needs to simplify the complexities of financing. 

    • Exceptional Service: Their commitment to outstanding customer service ensures they meet your needs from the initial consultation to the moment you take ownership. 

    • Central Access to Title Operation: Located near the FAA’s Aircraft Registration, Prism Bank has unparalleled access to aviation industry professionals and support services. Convenient access to these services, as well as the FAA titling office, can streamline the process of purchasing your aircraft. 

    • Well-Connected Lending: Their fast turnaround time and competitive rates aren’t their doing alone. They nurture and maintain professional relationships with aircraft brokers, legal professionals and state offices to create an exceptional client experience. 

    • Seamless Process: Their experience originating these loans ensures that financing an aircraft is as seamless and hassle-free as possible. They guide you through every step of the process with outstanding service and support, so you get the best solution for you without delay. 

    For more information, visit https://prism.bank/. 

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for over 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

  • NAFA Administrator posted an article
    NAFA Welcomes New Member: OPMAS see more

    FOR IMMEDIATE RELEASE: April 25, 2024 

     

    Contact: Tracey Cheek
    tlc@nafa.aero  
    405-850-1292 

     

    Lasse Rungholm
    CEO, LL.M. Master at Law, ATP MEL, MES 
    O: +45 70 20 00 51
    M: +45 20 93 86 33 
    lr@opmas.dk 

     

    NAFA Welcomes New Member: OPMAS 

     

    Edgewater, MD – April 25, 2024 — The National Aircraft Finance Association (NAFA) is pleased to announce that OPMAS has recently joined its network of aviation professionals. OPMAS is helping international operators choose and apply the correct customs procedures when flying to the European Union (EU).

    “NAFA members facilitate the financing of general and business aviation aircraft on a global scale,” said Ed Medici, NAFA President. “We welcome and support OPMAS’ services that play a role in advancing the interests of NAFA members within the aviation industry.” 
     

    About OPMAS: 
    Any aircraft flying into the European Union (EU) must use one of two customs procedures. OPMAS helps international operators choose, apply and document the correct customs procedure when flying to the EU. 

    OPMAS has worked with aircraft customs handling for over two decades and has imported over 3,500 aircraft since the beginning of the EU Single Market in 1992. OPMAS is highly specialized and has a deep understanding and knowledge of aviation importation and admission issues, offering a unique turnkey solution for maximum flexibility.  

    OPMAS has learned that long-term local presence and know-how are essential for aircraft importation and admission to avoid unpleasant surprises. Its acquired knowledge and invaluable approach with the authorities ensure a smooth handling process.   

    Denmark is known to implement EU directives consistently and correctly, bending no rules for local companies. Denmark is the only EU member state known to help with aircraft importation and admission for non-EU operators, where the member state is not considered a tax haven or known for a lax tax policy.   

    OPMAS’ presence in Denmark and detailed knowledge of the systems mean that any proposed change in legislation can easily be detected and implemented. OPMAS is not a stranger to setting up shop in a foreign jurisdiction and knows that one of its strongest assets is its extensive local knowledge and long experience working with the Danish authorities. 

    OPMAS is a seasoned partner in any aviation-related legal or financial matter related to importation and admission into the EU. It is recognized by banks, financing corporations, law firms and organizations within the aviation industry as one of the absolute market leaders. OPMAS has an extensive legal, aviation and administrative background. The founder and CEO, Lasse Rungholm, LL.M., is an aviation legal expert and commercial airline pilot (ATPL, EASA, and FAA) with more than 25 years of experience in these fields. 

    For more information, visit https://www.opmas.dk/

    About NAFA:
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer.  

     April 25, 2024
  • NAFA Administrator posted an article
    NAFA 52nd Annual Conference: A Recap of Success see more

    FOR IMMEDIATE RELEASE:  April 22, 2024 

     

     

    Contact:
    Tracey Cheek  
    tlc@nafa.aero  
    405.850.1292  

     

     

    NAFA 52nd Annual Conference: A Recap of Success 

     

    Tucson, AZ — April 19, 2024 – The National Aircraft Finance Association (NAFA) recently concluded its 52nd Annual Conference, held from April 16-18 at the JW Marriott Starr Pass in Tucson, Arizona. This year’s event catered to the needs and interests of those in the business aviation finance industry, providing a platform for insightful discussions, valuable networking and exceptional activities.  

    NAFA President Ed Medici expressed his enthusiasm, stating, “This year’s NAFA Conference exceeded all expectations. The high energy members brought to the event was inspiring and contagious. Connections were made that will undoubtedly lead to fruitful partnerships and collaborations. We couldn’t be happier with how the event went and the opportunity to build upon NAFA’s strong organization.”   

    This year’s NAFA Conference saw a record attendance of 164 and featured an impressive lineup of speakers, including Ed Bolen, President and CEO of the National Business Aviation Association, who delivered the keynote address. Gus Faucher, Chief Economist at PNC Financial Services Group, provided valuable insights into the current economic landscape. Brian Foley, founder of Brian Foley Associates (BRiFO), presented the industry keynote, “Let’s Be Honest; Pragmatic Views on Dogmatic News.”  

    During the event, Anthony (“Tony”) Kioussis was recognized with the Lifetime Achievement Award for his outstanding contributions to the aircraft finance industry throughout his career. 

    The general session panel discussions covered a wide range of topics, including a Pre-owned Business Aircraft Market Update, Light Aircraft Panel, The Current State of Aviation Insurance, Transactional Integrity, The Avionics Revolution and Panel Modernization, A Fireside Chat with Embraer, Advanced Air Mobility, General Aviation and The Environment and The Future of Business Aviation.    

    On April 16, just before the conference began, NAFA and the American Society of Appraisers (ASA) sponsored the Aircraft Appraisal Continuing Education Program, which was held at the conference venue.  

    NAFA recently launched a partnership with Embry-Riddle's David B. O’Maley College of Business to create the National Aircraft Finance Association Endowed Award for Faculty Excellence, providing Dean Shanan Gibson with a source of funds to be used to enrich faculty excellence including, but not limited to, recognition awards, faculty recruitment and retention, enrichment activities such as attending national conferences, equipment purchases and more. At this year’s Annual Conference, NAFA launched a donation campaign asking attendees to donate to the cause. Between the golf tournament and the onsite fundraising campaign, NAFA members contributed more than $15,000.   

    NAFA extends its gratitude to the generous conference sponsors:

    Platinum – Aero Asset, AIC Title Service, AirFleet Capital, Embraer, Flying Finance, and Insured Aircraft Title Service, LLC (IATS)

    Gold – Aircraft Bluebook (Aviation Week), Dassault Falcon Jet, GE Aerospace, Jet Aviation, JetLoan Capital, and Rolls-Royce 

    Silver – LLJohns Aviation Insurance, PNC Aviation Finance, and Scope Aircraft Finance

    Bronze – AircraftPost Inc., Buchanan, Ingersoll & Rooney PC, General Aviation Manufacturers Association (GAMA), Snell & Wilmer, Stevens Aerospace and Defense Systems and Vinci Aeronautica.  

    About NAFA: The National Aircraft Finance Association (NAFA) is a professional Association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences and industry insights allow member companies to provide the highest quality services the industry has to offer.  

     April 22, 2024
  • NAFA Administrator posted an article
    Tony Kioussis receives Lifetime Achievement Award from the National Aircraft Finance Association. see more

     FOR IMMEDIATE RELEASE April 22, 2024

     

     

     

    Contact:
    Tracey Cheek 
    tlc@nafa.aero  
    405.850.1292  

      

     

     

    A Lifetime of Achievement in Aircraft Finance and Aviation 

    Tony Kioussis Receives Lifetime Achievement Award from the National Aircraft Finance Association 

     

    EDGEWATER, MD — April 22, 2024 – The National Aircraft Finance Association (NAFA) is pleased to announce that Mr. Anthony (“Tony”) Kioussis was honored with the Lifetime Achievement Award at the association’s 52nd annual conference held in Tucson, Arizona, April 16–18. 

    With a distinguished career spanning several decades in the aviation industry, Tony Kioussis has made significant contributions to aircraft finance and valuation. As the founder of Asset Insight, LLC, he developed a proprietary Asset Grading System Process that revolutionized how an aircraft’s maintenance condition is evaluated and graded on a standardized scale, thereby providing greater transparency in the aircraft valuation process.  

    Before establishing Asset Insight, Tony held key positions at GE Capital’s Corporate Aircraft Finance group and Jet Aviation Business Jets, Inc. His experience also includes a ten-year tenure at British Aerospace, Inc., where he served as VP- Sales for JSX Capital, the company’s aircraft remarketing subsidiary. Tony later founded the K Group, LTD., providing aviation consulting services to companies in the Americas and Europe, and served as Sales Director - Airframe Programs at Jet Support Services, Inc., where he developed the “Tip-to-Tail” Airframe Hourly Cost Maintenance Program.  

    A committed industry leader, Tony served as the Board Secretary for NAFA and held the position of Chairman of the Products and Services Member Council for the International Aircraft Dealers Association (IADA). He was also a Member of the Transportation Research Board's (TRB) Business Aviation Subcommittee.  

    “Tony is an exemplary leader who has made an indelible mark on the aircraft finance industry through his innovative approach to aircraft valuation and unwavering commitment to advancing the field,” said Ed Medici, NAFA President. “On behalf of NAFA, I am honored to present him with the Lifetime Achievement Award in recognition of his outstanding contributions and lasting legacy.” 

    Kioussis holds a Bachelor of Science Degree from Florida Institute of Technology’s College of Aeronautics and completed graduate studies at New York’s Pace University toward an MBA in Finance. He is also a licensed pilot and published author.  

    The Lifetime Achievement Award recognizes individuals who have made outstanding contributions to the aircraft finance industry throughout their career and underscores the importance of the association’s values. NAFA is proud to bestow this honor to Tony Kioussis in recognition of his demonstrated exceptional loyalty and service to the association. 

    The award was presented during the 52nd Annual NAFA Conference in Tucson, Arizona. The yearly conference brings together aviation finance professionals to discuss best practices and ways to ensure transactional integrity in the aviation financing business.  

    For more information about the conference and the Lifetime Achievement Award, please visit www.nafa.aero.  

    About NAFA: The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer.  

     April 22, 2024
  • NAFA Administrator posted an article
    NAFA Welcomes New Board Members see more

     FOR IMMEDIATE RELEASE: April 22, 2024 

     



    Contact:
    Tracey Cheek 
    TLC@NAFA.aero 
    405.285.7005 

      

     

    NAFA Welcomes New Board Members 

     

    Edgewater, MD — April 22, 2024 – The National Aircraft Finance Association (NAFA) is pleased to announce the election of four new Board members: Beau Baird, Republic Bank, Ed Kammerer, Greenberg Traurig, Jim Simpson Solaris Aviation, and Paula Staciarini, Embraer. The Board changes were made during the NAFA 52nd Annual Conference in Tucson, Arizona, April 16–18. 

    “I am thrilled to welcome our newest Board members, Beau, Ed, Jim and Paula,” said Ed Medici, NAFA President. “Each of these individuals brings a wealth of experience, innovative ideas and passion to our mission. I am confident their unique perspectives and diverse skill sets will greatly contribute to the growth and success of NAFA.” 

    Outgoing board members include Richard Barret of Huntington Bank, Steve Friedrich of Embraer and Dave Warner of Warner AvLaw PLLC.  

    Current officers: 

    • Ed Medici: Banc of America Global Corporate Aircraft Finance (GCAF) at Bank of America Merrill Lynch - President

    • Bryan Byers: Scope Aircraft Finance - Vice President 

    • Andrew Farrant: Global Jet Capital - Vice President 

    • Karen Griggs: NAFA - Executive Director 

    • Theresa Myers: NAFA - Managing Director, Secretary

    • Tobias Kleitman: TVPX - Treasurer 

    • Ed Kammerer: Greenberg Traurig - General Counsel 

    • Tracey Cheek: NAFA - Marketing Director 

     

    For more information about NAFA and to see a full list of board members, visit www.nafa.aero.   
     

    About NAFA: The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

     April 22, 2024
  • NAFA Administrator posted an article
    NAFA Welcomes New Member: Husch Blackwell see more

    FOR IMMEDIATE RELEASE: March 25, 2024 

                                     

    Contact: Tracey Cheek  
    tlc@nafa.aero  
    405-850-1292 

    Michael Cosby 
    Partner 
    417-268-4110 
    M: 417-860-6968 
    Michael.Cosby@huschblackwell.com 

     

     
    NAFA Welcomes New Member: Husch Blackwell 

     

    Edgewater, MD – National Aircraft Finance Association (NAFA) is pleased to announce that Husch Blackwell has recently joined its network of aviation professionals. Husch Blackwell is a national law firm with experience in aircraft and aviation-related commercial transactions, regulatory compliance, tax, insurance, accident and product liability litigation and intellectual property matters. 

    NAFA members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world,” said Ed Medici, NAFA President. “We’re excited to welcome Husch Blackwell to our growing organization. Their services enhance NAFA’s available offerings, and we support their services to advance our members.” 

    About Husch Blackwell: 
    Husch Blackwell represents commercial and private business aviation clients such as commercial airlines, charter operators, aircraft management companies, FBOs, MROs, corporate flight departments, aircraft owners, lessors and financing parties, parts manufacturers, EMS operators and airports. 

    Husch Blackwell is an industry-focused law firm with more than 20 offices across the United States, including its virtual office, The Link. The firm represents clients worldwide in major industries, including energy and natural resources, financial services and capital markets, food systems, healthcare, life sciences and education, real estate, development and construction, and technology, manufacturing and transportation.  

    For more information, visit huschblackwell.com

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

     March 25, 2024
  • NAFA Administrator posted an article
    House Approves Bonus Depreciation Extension see more

    The U.S. House’s approval of the Tax Relief for American Families and Workers Act of 2024 marks progress in Bonus Depreciation Extension, with bipartisan support evident in the 357-to-70 vote. The bill extends benefits for aviation and business-oriented measures, including an extension of 100 percent depreciation and restoration of full research and experimental expensing. Continue reading to learn more about the Bonus Depreciation Extension.

    The move to restore 100 percent depreciation took a step forward with the U.S. House’s approval of the Tax Relief for American Families and Workers Act of 2024 yesterday. While not unanimous, the House approved the bill, H.R.7024, by a 357-to-70 vote in a rare show of bipartisanship, particularly for a tax measure.

    H.R.7024 now heads to the Senate, where its path forward is less clear—even with a strong endorsement by Senate Finance Committee Chairman Ron Wyden (D-Oregon).

    Read full article here

    This article was originally published by CFS Jets on March 6, 2024.

     March 19, 2024
  • NAFA Administrator posted an article
    NAFA Welcomes New Member: Boundary Aviation Solutions see more

    FOR IMMEDIATE RELEASE: March 18, 2024 

                                     

    Contact: Tracey Cheek
    tlc@nafa.aero  
    405.850.1292

    Terrence D. Eissfeldt 
    President 
    250.230.8288 
    tdeissfeldt@boundaryaviation.com 

     
    NAFA Welcomes New Member: Boundary Aviation Solutions 

      

    Edgewater, MD –  National Aircraft Finance Association (NAFA) is pleased to announce that Boundary Aviation Solutions, Ltd. has recently joined its network of aviation professionals. Boundary Aviation Solutions provides aircraft appraisal, brokerage and consulting services throughout the aircraft purchasing process.  

    “Boundary Aviation Solutions joining NAFA is a step forward in advancing our mission to improve and facilitate the financing process to support aircraft buyers,” said Ed Medici, NAFA President. We welcome Boundary Aviation Solutions to our growing organization and enhancing opportunities for all our members.”  

    About Boundary Aviation Solutions: 
    Boundary Aviation Solutions, a new aviation consulting firm, is proud to announce its launch under the leadership of Terrence D. Eissfeldt, a highly experienced aviation professional with over 40 years of industry knowledge.  

    Boundary Aviation Solutions offers a wide range of consulting services, including special projects, expert analysis, aircraft comparisons, technical records review, lease documentation and pre-lease and post-lease equality system reviews. With Eissfeldt’s extensive maintenance systems experience and operational and business knowledge, clients can expect real solutions tailored to their specific needs.  

    Boundary Aviation Solutions also offers services for importing and exporting, pre-buy inspections, and advice on aircraft purchases. All services are conducted with experienced and reliable attention to detail, ensuring complete transactions with no loose ends.  

    About Terrence D. Eissfeldt: 
    Eissfeldt began his career as an Aircraft Maintenance Engineer at Okahagan Helicopters in Richmond, B.C., Canada. Throughout his career, he has gained extensive experience in various parts of aviation, including field maintenance, heavy overhaul, quality assurance, technical records, inventory control, buying, shipping and receiving and project management.  

    In addition to his hands-on experience, Terrence has written and amended various Transport Canada, F.A.A. and E.A.S.A. compliant maintenance control and policy manuals, quality assurance manuals and other associated manuals. In 2021, he successfully completed the American Society of Appraisers (ASA) Aviation Appraisal courses, further enhancing his knowledge in this field.  

    Before launching Boundary Aviation Solutions, Terrence was a founding partner at West Coast Helicopters Maintenance and Contracting Ltd., where he served as the Chief Executive Officer from 2017 to 2021.  

    For more information, visit boundaryaviation.com.   

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

     March 18, 2024
  • NAFA Administrator posted an article
    NAFA Welcomes New Member: Aircraft Systems Group see more

    FOR IMMEDIATE RELEASE: March 11, 2024 

                                     

    Contact: Tracey Cheek  
    tlc@nafa.aero
    405.850.1292

    Bob Gallagher 
    r.gallagher@aircraftsystemsgroup.com  
    727.376.9292 
    M: 727.858.2661 

     

     
    NAFA Welcomes New Member: Aircraft Systems Group   

     

    Edgewater, MD –  National Aircraft Finance Association (NAFA) is pleased to announce that Aircraft Systems Group, Inc. has recently joined its network of aviation professionals. Aircraft Systems Group conducts aircraft inspections and assessments for clients’ assets worldwide. 

    “NAFA members proudly finance, support or enable the financing of general and business aviation aircraft throughout the world, and we are happy to add Aircraft Systems Group to our association,” said Ed Medici, President of NAFA.   

    About Aircraft Systems Group: 
    Aircraft Systems Group, Inc., a Tampa Bay, Florida-based company with 30 years of experience, offers pre-purchase and return inspections, develops appraised values and highlights deficiencies in asset conditions, affecting maintenance-adjusted values. The company collaborates with law firms as an industry expert in value, condition, strategy and legal considerations.  

    Aircraft Systems Group partners with companies and law firms to develop and execute strategies for the acquisition, operation and return of aviation assets. Aircraft Systems Group has provided research and expert analysis in multiple domestic and international litigations. The company analyzes issues, develops theories and executes processes to meet the demands of an ever-changing environment, offering solution-oriented approaches tailored to specific needs.  

    Services provided by Aircraft Systems Group include:  

    • Technical and operational analysis for new and used aircraft acquisition  

    • Development of options and strategies focused on processes and solutions 

    • Analysis and valuation of assets.  

    • Technical management and oversight of individual or multiple aircraft projects 

    • Reporting and substantiation of real-time market values for specific aircraft 

    • Procurement and selection of potential aircraft acquisitions and aviation corporations  

    • Opportunistic strategies for aviation assets integration  

    Bob Gallagher, an active member of the aviation industry, holds an Airframe and Powerplant Certificate (A&P) for over 50 years and is an FAA Designated Maintenance Examiner (DME). He has received the FAA Charles Taylor Award and serves as an FAA FASTEAM representative. With multiple degrees in aviation and education, including a Ph.D. in Aviation Business Administration, Bob has written articles and papers on Part 147 education and aging aircraft. He has extensive experience interfacing between aircraft purchasers and sellers from technical and leasing perspectives. Bob also serves as an instructor for the American Society of Appraisers in the ASA Aircraft Valuation Education Program and is an ISTAT (International Society of Transport Aircraft Trading) appraiser.  

    For more information, visit aircraftsystemsgroup.com.   

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

     March 11, 2024
  • NAFA Administrator posted an article
    NAFA Welcomes New Member: LifeStyle Aviation see more

    FOR IMMEDIATE RELEASE: March 6, 2024 

                                     

    Contact: Tracey Cheek 
    tlc@nafa.aero  
    405.850.1292

    Joseph Dail 
    Finance & Insurance Specialist 
    406-FLY-1-NOW 
    C: 336.380.0447 
    joseph@lifestyleaviation.com 
    www.lifestyleaviation.com 

     
    NAFA Welcomes New Member: LifeStyle Aviation 

     

    Edgewater, MD –  National Aircraft Finance Association (NAFA) is pleased to announce that LifeStyle Aviation has recently joined its network of aviation professionals. Lifestyle Aviation is dedicated to broadening access to aviation for individuals and businesses, offering innovative ownership and financing options that make owning a plane more affordable and attainable.  

    “NAFA members facilitate the financing of general and business aviation aircraft on a global scale,” said Ed Medici, NAFA President. “We welcome and support LifeStyle Aviaiton’s services that play a role in advancing the interests of NAFA members within the aviation industry.”  

     

    About LifeStyle Aviation: 
    LifeStyle Aviation is committed to realizing the dream of flight for everyone by providing access to modern, innovative aircraft for personal and business use. Beyond aircraft sales, the company fosters a community of aviation enthusiasts passionate about flying.   

    LifeStyle Aviation distinguishes itself through its specialization in the Diamond Aircraft line, known for its cutting-edge technology, safety features and efficiency. LifeStyle Aviation is also dedicated to empowering pilots through comprehensive training programs offered through its network of flight schools, ensuring pilots of all skill levels have the knowledge and confidence to take to the skies safely.  

    In addition to aircraft sales and training, LifeStyle Aviation serves as a hub for aviation enthusiasts. The company hosts events, seminars and fly-ins where pilots can come together to share their passion for flights and connect with others who share their love of the sky.  

    Joseph Dail, Head of the Finance and Insurance Department, plays an important role in realizing aviation dreams. He has expertise in aviation financing and insurance and ensures customers have access to flexible and affordable options for purchasing and protecting their aircraft.  

    Whether seeking financing to purchase a first plane or the right insurance coverage to protect your investment, Joseph and his team guide clients through every step of the process. With a commitment to innovation, safety, and community, LifeStyle Aviation doesn’t just sell planes; it helps people discover the joy of flight and make it part of their lifestyle.  

    For more information, visit lifestyleaviation.com.   

    About NAFA:  
    The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members on the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer. 

     March 07, 2024