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NAFA Administrator posted an articleNAFA 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 BlackwellEdgewater, 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. -
NAFA Administrator posted an articleHouse 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).
This article was originally published by CFS Jets on March 6, 2024.
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NAFA Administrator posted an articleNAFA 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 SolutionsEdgewater, 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. -
NAFA Administrator posted an articleNAFA 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 GroupEdgewater, 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:
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Technical and operational analysis for new and used aircraft acquisition
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Development of options and strategies focused on processes and solutions
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Analysis and valuation of assets.
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Technical management and oversight of individual or multiple aircraft projects
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Reporting and substantiation of real-time market values for specific aircraft
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Procurement and selection of potential aircraft acquisitions and aviation corporations
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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. -
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NAFA Administrator posted an articleNAFA 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 AviationEdgewater, 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.- Joseph Dail likes this.
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NAFA Administrator posted an articleRetaining business aviation’s new entrants see more
NAFA member, Chad Anderson, CEO at Jetcraft, discusses the future of business aviation.
During the pandemic, business aviation became a hugely attractive option for those who had the means but had never previously flown privately. Many ultra-high net worth individuals (UHNWI) quickly recognized the health, safety, time and productivity benefits business aviation offers.
It’s encouraging to read that some 95% of new entrants are continuing to fly privately, according to a study featured in Aviation International News. To support the long-term success of our sector, we need to build on this momentum to ensure all users of business aviation continue to have an exceptional experience. Here’s how.
Providing valueOur industry must promote the benefits of business aviation, which unlocks opportunity and drives economic growth by maximizing efficiency and connectivity.
During the pandemic, the ability to travel without boarding packed planes and waiting in crowded terminals was self-evident. This also provides peace of mind today, on top of the additional convenience and connectivity offered, which is particularly valuable when airlines are still frequently delayed.
The value business aviation provides is only increasing as improvements in technology unlock more efficient and more sustainable travel, while access to high-speed data means aircraft can function as ‘offices in the sky’. As an industry, we can build on this by holding ourselves to the highest standards when it comes to further enhancing the business aviation experience.
This article was originally published by Jetcraft on February 16, 2024.
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NAFA Administrator posted an articleNAFA Welcomes New Member: Integrity Jets see more
FOR IMMEDIATE RELEASE: March 8, 2024
Contact: Tracey Cheek
tlc@nafa.aero
405.850.1292
Eric Hammer
President
336.553.8888
ehammer@integrityjets.com
integrityjets.comNAFA Welcomes New Member: Integrity Jets
National Aircraft Finance Association (NAFA) is pleased to announce that Integrity Jets has recently joined its network of aviation professionals. Led by industry veteran Eric Hammer, Integrity Jets is a boutique aircraft brokerage firm that provides brokerage, acquisition and market intelligence services.
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 Integrity Jets to our growing organization. Their services enhance NAFA’s available offerings, and we support their services to advance our members.”
About Integrity Jets:
Integrity Jets connects buyers and sellers of private aircraft. The company offers comprehensive brokerage services tailored to each client’s needs.Integrity Jets understands that buying or selling an aircraft is a complex and time-consuming process, and engaging with Integrity Jets ensures clients experience the most stress-free, efficient and financially beneficial transaction possible. The company is committed to delivering exceptional customer service and meeting each client’s unique requirements and preferences.
About Founder Eric Hammer:
With 33 years in the aerospace industry, Eric Hammer recently launched Integrity Jets. For the past 22 years, he has specialized in representing buyers and sellers of business aircraft.Hammer’s mission is to establish Integrity Jets as a trusted, strategic and tactical partner for clients in acquiring and disposing of their business aircraft.
Hammer’s background includes:
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Overseeing the sale and acquisition of over 225 turbine-powered aircraft.
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Leading pre-owned aircraft sales efforts at Embraer for nearly a decade.
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Managing new and used Citation and Caravan sales at Cessna for eight years.
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Serving for 11 years in NASA’s Mission Control Center in Houston as a Flight Dynamics Officer for the nation’s space program.
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Holding a commercial, multi-engine, instrument-rated pilot certification.
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A 20-year veteran of the Navy Reserve
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Earning a Master’s Degree in Aerospace Engineering
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Achieving the title of five-time Powerlifting National Champion.
For more information, visit integrityjets.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. -
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NAFA Administrator posted an articleNAFA Welcomes New Member: Stubbs Aviation Advisors see more
FOR IMMEDIATE RELEASE: February 28, 2024
Contact: Tracey Cheek
tlc@nafa.aero
405.850.1292
Nel Stubbs
nel@stubbsaviationadvisors.com
602.791.3824
NAFA Welcomes New Member: Stubbs Aviation Advisors
National Aircraft Finance Association (NAFA) is pleased to announce that Stubbs Aviation Advisors has recently joined its network of aviation professionals. Stubbs Aviation Advisors builds on the unmatched experience of Nel Stubbs, a preeminent aviation tax planning and compliance authority. It offers existing and potential aircraft owners and flight departments expert advice on federal, state and local taxes and aviation operating structures.
“NAFA members proudly finance, support or enable the financing of general and business aviation aircraft throughout the world, and we are happy to add Stubbs Aviation Advisors to our association,” said Ed Medici, President of NAFA.
About Stubbs Aviation Advisors:
Nel Stubbs, a leading expert on aviation taxes, recently launched Stubbs Aviation Advisors, a new consulting and advisory business to help aircraft owners and flight departments navigate aviation taxes and corporate aviation business structures.The business is backed by Stubbs’ four decades of experience and is part of the George J. Priester Aviation family of companies, though it operates independently. George J. Priester Aviation, led by Chairman and CEO Andy Priester, recognized the need to support the private aviation industry, as all aircraft owners can benefit from Stubbs’ unique skillset and experience.
In addition to federal, state and local tax advice, Stubbs Aviation Advisors offers aviation operating structure advice to satisfy Federal Aviation Administration, Department of Transportation and IRS regulatory obligations. It consults on short- and long-term aircraft and flight department operating costs and provides aircraft appraisals throughout the U.S.
To learn more, please contact Priester Marketing at 847-537-1133 or visit www.priesterav.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. -
NAFA Administrator posted an articleNAFA Welcomes New Member: Piedmont Jets see more
FOR IMMEDIATE RELEASE: February 28, 2024
Contact: Tracey Cheek
tlc@nafa.aero
405.850.1292
Jared Hasty
Co-Founder
770.233.7518
Sales@piedmontjets.com
https://www.piedmontjets.com
NAFA Welcomes New Member: Piedmont Jets
National Aircraft Finance Association (NAFA) is pleased to announce that Piedmont Jets has recently joined its network of aviation professionals. Piedmont Jets is a highly specialized, boutique aircraft brokerage and acquisition firm.
“Piedmont Jets 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 Piedmont Jets to our growing organization and enhancing opportunities for all our members.”
About Piedmont Jets:
Piedmont Jets leverages experience, efficiency and expertise to navigate clients through aircraft transactions. Driven by a team of experienced pilots with a love of aviation and building lasting relationships, Piedmont Jets aims to make transactions simple and seamless.After careful analysis backed by industry-leading data, the Piedmont Jets team will source worldwide, on and off-market opportunities while managing the details of the procurement process.
Piedmont Jets provides a roadmap so clients are informed and empowered throughout the acquisition. The Piedmont Jets team uses its tools, processes and industry relationships to ensure maximum exposure and return on clients' investments.
For more information, visit piedmontjets.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. -
NAFA Administrator posted an articleNAFA Welcomes New Member: Shore Premier Finance see more
FOR IMMEDIATE RELEASE: February 23, 2024
Contact: Tracey Cheek
tlc@NAFA.aero
405.850.1292
Scott Walter
scottwalter@shorepremierfinance.com
757.995.0452NAFA Welcomes New Member: Shore Premier Finance
The National Aircraft Finance Association (NAFA) is thrilled to welcome Shore Premier Finance, the specialty lending division of Centennial Bank focused on passion assets. With $1.2B in assets, Shore Premier Finance is one of the nation’s largest marine lenders, and they’re adding aviation finance to their portfolio.
“NAFA members proudly finance, support or enable the financing of general and business aviation aircraft throughout the world, and we are happy to add Shore Premier Finance to our association,” said Ed Medici, President of NAFA.
Shore Premier Finance has joined NAFA as part of their efforts to expand into aviation and perform better due diligence, and representatives from Shore Premier Finance will be attending the NAFA52 Annual Conference as part of that initiative and to connect with industry leaders.
About Shore Premier Finance:
Since 2012, Shore has provided financing for high-end power boats, sail boats, and superyachts and inventory finance for marine dealers. In 2022, Shore began providing financing for luxury motorhomes as a complement to its marine business. As its focus on passion assets has expanded, Shore intends to add the finance of personal and business aircraft to its offerings as well.To learn more about Shore Premier Finance, visit www.shorepremierfinance.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. To add your company to our world-class network of the best in aircraft finance, sign up at https://www.nafa.aero. -
NAFA Administrator posted an articleNAFA Welcomes New Member: AirSpace Auctions see more
FOR IMMEDIATE RELEASE: February 23, 2024
Contact: Tracey Cheek
tlc@nafa.aero
405.850.1292
Lisa Hutton
aircrew@airspaceauctions.com
254.735.5030
M: 912.596.5687
Cisco Municipal Airport 3F2, Cisco, TX
www.airspaceauctions.comNAFA Welcomes New Member: AirSpace Auctions
National Aircraft Finance Association (NAFA) is pleased to announce that AirSpace Auctions has recently joined its network of aviation professionals. Launched in June 2023, Airspace Auctions aims to enhance the efficiency and transparency of aircraft transactions.
“NAFA members facilitate the financing of general and business aviation aircraft on a global scale,” said Ed Medici, NAFA President. “We welcome and support AirSpace Auctions’ services that play a role in advancing the interests of NAFA members within the aviation industry.”
About AirSpace Auctions:
Through online auctions, AirSpace Auctions brings transparency and efficiency to the buying and selling process. The team's extensive experience and understanding of marketing, advertising and data management ensures every auction is handled with professionalism and market insight.AirSpace Auctions is committed to developing user-friendly technology tools, such as a comprehensive data bank for each airplane, to help provide users with a seamless experience. This lets buyers have instant access to all necessary information, enabling them to research and make confident purchasing decisions. Additionally, each seller and buyer receive a Cockpit Concierge Agent to guide them through the process.
AirSpace Auctions boasts a 90% closure rate on transactions, a testament to their effective approach and fair fee structure. Sellers and buyers are assured of a no-fee guarantee unless a sale is successfully concluded, emphasizing the company's commitment to fair and successful dealings.
To learn more about AirSpace Auctions, visit airspaceauctions.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. -
NAFA Administrator posted an articleNAFA Welcomes New Member: SVB Private see more
FOR IMMEDIATE RELEASE – February 23, 2024
Contact: Tracey Cheek
tlc@NAFA.aero
405.850.1292
John Moran
Senior Vice President, Integrated Communications
John.Moran2@firstcitizens.com
212.461.5507
NAFA Welcomes New Member: SVB Private
The National Aircraft Finance Association (NAFA) is pleased to announce that SVB Private has recently joined its network of aviation professionals. SVB Private, part of First Citizens Bank and its First Citizens Wealth division, provides customized structured loans on turbine powered private aircraft to high-net-worth clients.“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 SVB Private to our growing organization. Their services enhance NAFA’s available offerings, and we support their services to advance our members.”
About SVB Private:
SVB Private’s team of dedicated and specialized aircraft finance lenders can help optimize aircraft investment by providing customized lending solutions. These solutions allow clients to optimize their balance sheet by redeploying the capital they have invested in the aircraft. In addition, SVB Private competitively prices and structures loans commensurate with their clients’ personal and corporate banking relationships.SVB Private provides a single point of contact, keeping the client fully informed throughout the loan approval and closing process. The bank leverages its deep understanding and connections within the private aircraft industry to help navigate the acquisition process, understand accounting treatments and FAA regulations, and align with other professionals to help make aircraft acquisition and ownership seamless and efficient.
Loan products for turboprops and jets include:
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Fixed and variable rate loans
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Acquisition financing
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Loan refinancing
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Pre-delivery payment financing for new aircraft
To learn more about SVB Private, visit https://www.svb.com/private-bank/.
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. To add your company to our world-class network of the best in aircraft finance, sign up at https://www.nafa.aero. -
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NAFA Administrator posted an articleNAFA Welcomes New Member: Moore & Van Allen, PLLC see more
FOR IMMEDIATE RELEASE: February 22, 2024
Contact: Tracey Cheek
tlc@NAFA.aero
405.850.1292
Melissa Wier
Marketing Manager
melissaweir@mvalaw.com
704.331.2419NAFA Welcomes New Member: Moore & Van Allen, PLLC
The National Aircraft Finance Association (NAFA) welcomes Moore & Van Allen, PLLC (MVA), a leading law firm with a dedicated aviation finance practice. MVA's team of over 400 attorneys brings extensive experience in complex aircraft financing transactions, including cross-border deals and structured financing for high-value assets.
“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 Moore & Van Allen to our growing organization. Their services enhance NAFA’s available offerings, and we support their services to advance our members.”
MVA's extensive experience in facilitating aircraft financing transactions will directly benefit NAFA members by providing access to invaluable legal expertise in navigating the intricacies of these transactions.
About Moore & Van Allen, PLLC:
An unwavering focus on their clients has led to steady growth as one of the largest law firms in the Southeast. Over 400 lawyers and professionals in over 90 areas of focus represent clients across the country and around the globe, including Blue-chip Fortune 500 organizations, financial services leaders, domestic and global manufacturers, retailers, individuals, and healthcare and technology companies. MVA clients benefit from a strategic, innovative approach to significant business transactions, complicated legal issues and difficult disputes.MVA’s value is rooted in the experience gained over seven decades. Nationally recognized, culturally inclusive and community-spirited, they understand that success for their clients comes from investing in the strength of ideas and the power of collaboration.
To learn more about Moore & Van Allen, PLLC, visit mvalaw.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. To add your company to our world-class network of the best in aircraft finance, sign up at https://www.nafa.aero. -
NAFA Administrator posted an articleGAMA Releases 2023 Aircraft Shipments and Billings Report see more
WASHINGTON, D.C. – Today, the General Aviation Manufacturers Association (GAMA) released the 2023 General Aviation Aircraft Shipments and Billings Report during its annual State of the Industry Press Conference. Overall, when compared to 2022, all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $27.8 billion, an increase of 3.6%.
“For the first time in more than a decade, the general aviation manufacturing industry has eclipsed 4,000 aircraft delivered. In addition to this strong showing, there are robust and growing order backlogs for all segments of aircraft. This is a testament to the resilience of our industry and the integral role that general and business aviation plays in our communities. While the deliveries from 2023 are very encouraging, our industry faces headwinds from ongoing supply chain issues, workforce shortages, uncertainty and unpredictability from global regulators, and short-sighted efforts aimed at curbing business and general aviation, particularly in Europe. As civil aviation’s innovation incubator, our entire GA industry is focused on new aircraft and technologies that will lead the way in safety and sustainability for the entire aviation sector. This progress is dependent on having effective, predictable and accountable regulatory processes, and a supportive business environment. Therefore, it is crucial that the U.S. Congress passes a long-term FAA reauthorization bill, a fiscal year 2024 appropriations bill for the FAA, and a tax measure which is pending that promotes research and development. Likewise, non-U.S. global regulatory agencies must receive the proper budgetary support from their governments to carry out current and future activities. If political entities and regulatory bodies can deliver on their responsibilities, what our industry can accomplish in 2024 and beyond will be extraordinary,” said Pete Bunce, GAMA President and CEO.
This press release was originally published by GAMA on February 21, 2024.
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NAFA Administrator posted an articleNAFA Welcomes New Member: Buchanan Ingersoll & Rooney PC see more
FOR IMMEDIATE RELEASE: February 15, 2024
Contact: Tracey Cheek
tlc@NAFA.aero
405.850.1292
Terry A. Shulsky
Shareholder
terry.shulsky@bipc.com
412.392.2091NAFA Welcomes New Member: Buchanan Ingersoll & Rooney PC
The National Aircraft Finance Association (NAFA) is thrilled to welcome Buchanan Ingersoll & Rooney PC, a full-service national law firm providing industry-leading legal, business, and regulatory advice, to its esteemed network of aviation professionals. With 450 attorneys and government relations professionals across sixteen offices, Buchanan provides legal services in aviation finance and leasing, corporate finance, banking, bankruptcy, creditors’ rights, litigation, tax, intellectual property, and other practices whenever needed.
“Buchanan Ingersoll & Rooney 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 them to our growing organization and enhancing opportunities for all our members.”
About Buchanan Ingersoll & Rooney PC:
Buchanan attorneys have found solutions that work for their aviation finance and leasing clients in the commercial, business, and private aviation industries for over 30 years. Buchanan enforces their client’s rights under the Uniform Commercial Code to recover and dispose of aircraft, helicopters, commercial aircraft engines and aircraft engine parts, components, tooling, equipment, and machinery used by Maintenance, Repair, and Overhaul (MRO) service providers in the aviation sector. Buchanan can provide the same high level aviation collateral recovery and disposition services to NAFA members.Their depth means they can also support NAFA members by drafting and negotiating documentation with respect to aviation loans, leases, acquisitions, and sales. The result is a highly nimble, hands-on team with forward-thinking creativity and unique, problem-solving ideas to knock down barriers, drive regional competitive advantage, minimize risk and achieve results.
To learn more about Buchanan Ingersoll & Rooney PC, visit Buchanan Ingersoll & Rooney PC (bipc.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. To add your company to our world-class network of the best in aircraft finance, sign up at https://www.nafa.aero.