Skip to Main Content

industry news

  • NAFA Administrator posted an article
    Aircraft Export Laws: Owners, Beware! see more

    With an increase in US government enforcement actions for failure to comply with applicable aircraft export laws, it’s vital to understand these complex requirements and regulations. Here, the National Aircraft Finance Association (NAFA) breaks them down.

    Aircraft transactions are complicated and involve a host of tax and regulatory issues. While attention has rightly been focused on federal and state tax planning and compliance with FAA, DOT (among other agencies) regulations, compliance with US export laws has often been inadvertently overlooked.

    In many cases, parties have failed to properly export aircraft due to confusion over, and lack of awareness of, the requirements.

    • One common misconception is that de-registration from the FAA registry and/or issuance of an export certificate of airworthiness satisfy US export clearance requirements.
    • Another common misconception is that export laws and export clearance requirements are not applicable to US registered aircraft.
    • Further, the export regulations are not written with aircraft in mind, so applying them within the context of aircraft transactions can be difficult.

    Nevertheless, recent government enforcement actions, including an uptick in aircraft seizures, have placed a spotlight on the importance of compliance with US export laws.

    Read full article here.

    This article was originally published by AvBuyer on January 10, 2022.

  • NAFA Administrator posted an article
    NAFA member, Jetcraft, presents its annual Market Forecast. see more

    NAFA member, Jetcraft, presents its annual Market Forecast, which explores the impact of post-pandemic global trends and how the accelerated ownership journey is influencing business aviation.

    KEY FINDINGS INCLUDE:

    • 12,261 pre-owned transactions representing $57.2B in revenue forecast over the next five years.

    • Pre-owned transaction volume and value will maintain their current healthy growth rates, reaching 2,647 transactions valued at $12.4B annually by 2025.

    • Midsize, and particularly Large Jets are predicted to lead volume and value growth overall.

    • Despite record industry demand, average transaction values will stabilize and remain rational.

    • Post-pandemic dynamics and opportunities from an increasing HNWI population will be key factors in growing transaction volume. 
    • The number of new business jet owners in Asia Pacific and Europe will rise, reaching closer to U.S. ownership levels.

    Read full Market Forecast here

    This forecast was originally published by Jetcraft on December 1, 2021.

     

     

  • NAFA Administrator posted an article
    JETNET's Paul Cardarelli discusses how the pandemic challenges have affected business aviation. see more

    NAFA member, JETNET's Paul Cardarelli, discusses how the pandemic challenges underscored the advantages of business aviation with Rolland Vincent of Rolland Vincent Associates.

    Yes, deliveries of new business jets are up. So are sales of preowned aircraft and fractional shares, as well as jet card and block charter.

    And that makes it tough to meet the travel demands of both current and new business jet travelers! There just aren’t enough aircraft available when they want to fly.

    So how is the industry responding? And what does that mean to you?

    Listen to full podcast here

    This podcast was published by Business Aviation Advisor on November 22, 2021.

  • NAFA Administrator posted an article
    Solairus' John King and Jeff Ritzinger discuss critical steps required to keep your data safe. see more

    NAFA member and Solairus' President John King and IT Director Jeff Ritzinger discuss some of the critical steps required to keep those data out of sight – and away from hackers’ prying eyes.

    Today, aviation safety concerns aren’t confined only to flight operations. Internet security also is an issue – the need to keep your as well as your passengers’ and clients’ profile information safe and secure.

    And that requires staying one step ahead of hackers and phisher-men from anywhere in the world – whether their intent is using that information to grab a competitive edge, to hold your data for ransom …  or to seek revenge.

    When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments.

    Listen to podcast here

    This podcast was originally published by Business Aviation Advisor on October 12, 2021. 

  • NAFA Administrator posted an article
    NAFA member, AMSTAT, shares their latest Quarterly Report Webinar. see more

    NAFA member, AMSTAT, shares their latest Quarterly Report Webinar. 

    Watch the latest business aircraft resale market quarterly update from AMSTAT, General Aviation Services, and Bloomberg Intelligence.

    Content includes insights into:

    • Business aircraft segment value trends.
    • Resale transaction activity, resale inventory analysis and charter and fractional aircraft utilization.
    • Economic analysis with context for business aviation.

    View webinar here

    This webinar was published by AMSTAT on September 9, 2021.

     

     

  • NAFA Administrator posted an article
    Jetcraft's Danie Joubert, Vice President Sales - Africa, discusses business aviation in Africa. see more

    NAFA member Jetcraft's Danie Joubert, Vice President Sales - Africa, discusses business aviation in Africa.

    Interest in business jets has soared across Africa in the past 18 months. Whether responding to limited and declining airline options or pursuing the undoubted health and safety benefits of private jet travel compared to commercial flights, the business case for private aviation has gained in strength. At Jetcraft, we’re now receiving three times as many enquiries from potential new aircraft owners in Africa than before the pandemic.

    Increasingly, many companies are today expanding with new business units across more countries in Africa. As a result, air travel and aircraft to suit remain essential. Demand for business jet ownership is rising dramatically across the continent, as seen in countries such as Angola, Uganda and Ghana. In Kenya, which already has a strong installed base of short-range private aircraft used for tourism, we’re seeing growing interest in larger jets for longer missions. Established markets such as Nigeria and South Africa remain vibrant.

    Read full article here

    This article was published by Jetcraft on October 11, 2021.

  • NAFA Administrator posted an article
    Market Insights: Don Spieth, General Aviation Services see more

    NAFA member, Don Spieth, General Aviation Services, shares the latest trends and indicators of note in the pre-owned business airplane marketplace? AvBuyer’s Matt Harris spoke with Don Spieth at General Aviation Services to ask for his market perspectives.

    Having been trading for more than 50 years, the company has amassed a wealth of expertise, and today specializes in all turbine-engine markets from turboprops all the way up to Large Jets. In a typical year, the General Aviation Services team can expect to buy and broker anywhere between $20m to $50m in aircraft assets, depending on how the economy is performing.

    The General Aviation Services team consists of sales professionals and market researchers who offer expertise in specific markets, “but we work together to keep everyone informed, to better serve our customers,” Don Spieth tells AvBuyer.

    “Our client base consists of High Net Worth Individuals with one aircraft, and also Corporate Aviation flight departments responsible for a larger fleet of aircraft.”

    Don’s own career began in energy services and power generation, including gas reciprocating engines, turbines, and aero derivatives. 

    Then, almost 10 years ago, he joined the Van Buren Advisors team, an analytics firm that specializes in quantitative analysis in the financial industry.

    “We partnered with General Aviation Services and AMSTAT to create an Aircraft Valuation tool to predict aircraft values by analysing historical business jet transaction data, and the macroeconomic influences that impact aircraft values,” he recalls.

    Read full article here

    This article was originally published in AvBuyer on August 3, 2021.

     

  • NAFA Administrator posted an article
    Global Jet Capital's Business Aviation Market Brief see more

    NAFA member, Global Jet Capital, shares their recent Business Aviation Market Brief, including data through July 2021.

    The business aviation market demonstrated remarkable resilience in 2020 and continued to build on that strength in the first 7 months of 2021. Through July YTD, flight operations and pre-owned transactions were up, demonstrating continued demand for the capabilities that business jets provide. As the global economy grows, renewed business activity will continue to drive transactions in the business aviation market.

    • Lifting travel restrictions and liquidity built up during the pandemic led to economic growth in Q2 2021.
    • Driven by the entry of new users into the market, business jet flights grew through July 2021. While comparisons to 2020 can be misleading due to lockdowns during that time, flight activity increased nearly 1 percent when compared to 2019.
    • Backlogs rose at major OEMs, driven by new users to the business jet market, low pre-owned inventory, and strong demand from fleet operators.
    • Overall transaction activity continues to recover from 2020 levels, driven largely by the pre-owned market.
    • Inventory levels continued to decline through July 2021 and remained at historically low levels.
    • Limited supply and continued demand have given business jet sellers additional bargaining power, resulting in bluebook values firming up and even appreciating in some instances.

    This market brief was published by Global Jet Capital on September 9, 2021.

    Read full report here

  • NAFA Administrator posted an article
    Satcom Direct Adds New Aviation CyberThreat Awareness Training see more

    NAFA member, Satcom Direct (SD), the business aviation solutions provider, has bolstered its training curriculum with the addition of a newly developed Aviation CyberThreat Awareness course. The online, self-paced program, designed for end users, delivers a comprehensive understanding of how to minimize digital risk, and ensure company compliance, by making simple changes in digital behavior and device handling.

    SD has designed the course specifically for users of computers, mobile devices, networks, and internet services, including members of flight departments, operators, crew, and passengers. The program explores how human and technical factors, impact cyber security. Modules detail best practices for implementing data security compliance, identifying common hacking and attack methodology, and how to recognize, and mitigate, inherent vulnerabilities on the ground or in the air. In addition, the course explores the importance of protecting data during international travel and is complemented by information relating to the use of personal digital devices before, during, and after a flight.

    Read full article here

    This release was originally published by Satcom Direct on August 17, 2021.

     

  • NAFA Administrator posted an article
    Sun Air Jets Joins National Aircraft Finance Association see more

    FOR IMMEDIATE RELEASE: October 27, 2021                                  

    Contact: Tracey Cheek

    tlc@nafa.aero

    405.850.1292

     

    Sun Air Jets Joins National Aircraft Finance Association

    Edgewater, MD – National Aircraft Finance Association (NAFA) is pleased to announce that Sun Air Jets has recently joined its network of aviation professionals. Sun Air Jets provides aircraft management, maintenance, private luxury hangars, and private charter jet services on a diverse fleet including Gulfstream, Bombardier, Embraer, Dassault, Beechcraft, Cessna and Cirrus aircraft. Sun Air Jets operates one of the safest rated private jet fleets in the nation with a flawless safety record spanning over 20 years.

    “NAFA members proudly support general and business aviation aircraft throughout the world and we’re happy to add Sun Air Jets to our association,” said Jim Blessing, president of NAFA. “As NAFA celebrates our 50th anniversary, we point to the many services our members offer to the public, including the work Sun Air Jets does in the aircraft management and charter vertical.”

    Sun Air Jets serves the greater Los Angeles and surrounding areas and remains dedicated to serving clients with the highest levels of operating expertise and personable customer service. With bases in Camarillo and Van Nuys, California, including a full-service FBO at the company's KCMA headquarters, Sun Air Jets is a fully certified Part 145 repair station and 135 charter operators.

    Whether it’s a trip for business or pleasure, the Sun Air Jets charter fleet offers elegant touches to make the experience comfortable and luxurious, including the latest cabin technology, newly renovated cabin interior, and complimentary WiFi.

     

    Products & Services

    Private jet charter

    Aircraft management

    Maintenance 

    Full-service FBO

    Part 135 Air Carrier and Operator

    Part 145 Certified Repair Station 

     

    About Sun Air Jets:

    Serving the greater Los Angeles area, Sun Air Jets, a SIGNATURE SELECT™ member FBO, provides aircraft management, maintenance, private luxury hangars, and private charter jet services on a diverse fleet including Gulfstream, Bombardier, Embraer, Citation, Hawker and Falcon aircraft.  Along with maintaining the highest safety standards in the industry, Sun Air Jets remains dedicated to serving clients with the highest levels of operating expertise and personable customer service. With bases located in Camarillo and Van Nuys, California, including a full-service FBO at the company’s KCMA headquarters, Sun Air Jets is a fully certified Part 145 repair station and 135 charter operator. To learn more about Sun Air Jets, visit SunAirJets.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 with 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
    Simmons Bank Joins National Aircraft Finance Association® see more

    FOR IMMEDIATE RELEASE: October 27, 2021                                 

    Contact: Tracey Cheek

    tlc@nafa.aero

    405.850.1292

     

    Simmons Bank Joins National Aircraft Finance Association®
     

    Edgewater, MD.– National Aircraft Finance Association (NAFA) is pleased to announce that Simmons Bank has recently joined its professional network of aviation lenders. NAFA members will have access to Simmons Bank’s comprehensive financial solutions delivered with a client-centric approach. The Pine Bluff, Arkansas-based company, founded in 1903, has total consolidated assets of approximately $23.2 billion in 198 financial centers, conducting financial operations throughout Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas.

    Simmons Bank and its subsidiaries provide complete banking services to individuals and businesses throughout the market areas that they serve. Services include consumer (credit card and other consumer), real estate (construction, single-family residential and other commercial) and commercial (commercial, agriculture and financial institutions) loans, checking, savings and time deposits, trust and investment management services and securities and investment services. In 2021, Forbes has named Simmons to the lists of Bank Best-in-State Employers, Best-in-State Banks, World’s Best Banks and Best Banks in America.

    As vice president of Simmons Bank, Jim Lewis has over 30 years of experience leading private jet management operations by successfully creating and implementing services to meet the unique travel needs of the world's most high net-worth corporations and individuals. He is responsible for the successful creation and implementation of new, first-to-market industry services.

    During his career, Lewis has led the establishment of multiple business units, operational facilities, and start-ups, resulting in the capture of more than $275M in revenue and $300M in annual asset transactions.

    “NAFA members proudly finance, support or enable the financing of general and business aviation aircraft throughout the world and we’re happy to add Simmons Bank to our association,” said Jim Blessing, President of 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 with 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
    2021 NAFA/IADA Joint Networking Welcome Reception – A Huge Success! see more

    FOR IMMEDIATE RELEASE: Oct. 20, 2021 

    Contact: Tracey Cheek 

    TLC@NAFA.aero 

    405.850.1292 

     

    2021 NAFA/IADA Joint Networking Welcome Reception – A Huge Success! 

     

    Las Vegas, NV:  The National Aircraft Finance Association (NAFA) and the International Aircraft Dealers Association (IADA) held their 15th annual Joint Networking Welcome Reception on Oct. 11, 2021, at the Aria Hotel in Las Vegas. The Reception is one of the most highly anticipated events of the National Business Aviation Association’s (NBAA BACE) annual Business Aviation Convention. The excitement was contagious! It was a breath of fresh air to get back to networking and seeing people face to face. The food was spectacular, and the specialty cocktails didn’t disappoint. “This is the first time we have had a social event in almost two years,” said Jim Blessing, President of NAFA and President of Airfleet Capital Inc. “It’s very exciting that we had over 450 attendees and launched the Foundation’s fundraiser.”   

    NAFA and IADA teamed up to raise funds for each Association's educational foundation. The educational foundation benefits university students seeking a corporate aviation business career, specifically within the corporate aircraft finance, legal and insurance community. These scholarships offered by the National Aircraft Finance Association (“NAFA”), range from $1,000 and $5,000, and are awarded yearly. A special “thank you” to our Foundation sponsors PNC Aviation Finance, OGARAJETS and Guardian Jet, LLC, for their generous contribution to our fundraising efforts.  

    We would also like to acknowledge our additional sponsors who contributed to making this event a huge success:  Royal Flush sponsors: AEROtitle, JSSI, and Rolls-Royce; Four-of-a-Kind sponsors: Aviation Legal Group, P.A., Aircraft Bluebook, Insured Aircraft Title Service, LLC, Gilchrist Aviation Law, Honeywell, Jet Aviation, JetLoan Capital, and Leading Edge Aviation Solutions; Full House sponsors: Axiom Aviation, Aerlex Law Group, Bank OZK, Global Jet Capital, Stevens Aerospace and Defense Systems, and Viasat; Flush Sponsors: Aircraft Bluebook, Aircraft Bluebook Jet Appraisals, Bank of America, and Pentastar Aviation; Straight sponsors: AirFleet Capital, Inc., Assured Partners Aerospace, and Huntington National Bank.

    About NAFA: The National Aircraft Finance Association (NAFA) is a professional association promoting the general welfare of aircraft finance for 50 years. Our network of members includes 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. In addition, market influences and industry insights allow member companies to provide the highest quality services the industry offers. 

  • NAFA Administrator posted an article
    NAFA member, Aero Asset, shares their latest Heli Market Trends report and Key Findings. see more

    NAFA member, Aero Asset, shares their latest Heli Market Trends report and Key Findings.

    Heli Market Trends compiles YTD 2021 performance of 13 twin engine models in the light, medium and heavy weight categories, from Airbus Helicopters H135 to Sikorsky S92. Market performance is ranked from most to least active.

    Key Findings

    TRANSACTION VOLUME IS STABLE Q3, SUPPLY SHRINKS

    • Total YTD retail sales stable vs same period 2020 (YOY).
    • Supply for sale 24% lower year over year (YOY).
    • Deal pipeline increased 24% YOY, but decreased vs. Q2 2021.

     

     

     

     

     

     

     

     

     

    WEIGHT CLASS PERFORMANCE

    • YTD Light twin engine retail sales volume increased 5% vs. same period 2020.
    • YTD Medium retail sales up nearly 45% vs same period 2020.
    • Heavy retail sales declined substantially over same period.

     

     

     

     

     

     

     

     

     

    REGIONS & CONFIGS

    • After trailing Europe in 2020, North America leads the pack in transaction volume YTD.
    • North American sales accounted for over 1/3rd of total transactions YTD.
    • YTD VIP configured twin helicopter sales volume rose 8% YOY, and EMS declined 40% over same period.

     

    LIQUIDITY LINEUP

    • The most liquid preowned market YTD was the Airbus EC/H145, followed by the Leonardo AW109S/SP and the Sikorsky S-76C+/C++.
    • The biggest drop YOY was the Bell 412EP, with a current absorption rate of 17 years.
    • 2 of 13 markets in the lineup saw no preowned trades YTD.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    DEAL PIPELINE COOL DOWN

    • The number of deals pending at various stages of transaction declined 24% Q3 vs. Q2.
    • However, the number of deals pending in the pipeline remained 23% higher this quarter vs Q3 2020.

     

    FLIGHT DATA

    • The number of worldwide helicopter flights experienced a sharp rebound Q1 2021 and YTD.
    • North America saw 256 126 helicopter flights Q3 2021, a 36% increase YOY.
    • Europe saw 192 976 helicopter flights Q3, a 23% increase YOY.

     

    Full Heli Market Trends report available here

    This report was originally published by Aero Asset in October 2021.

  • NAFA Administrator posted an article
    Bluetail Joins National Aircraft Finance Association see more

    FOR IMMEDIATE RELEASE:  October 18, 2021                                    

    Contact: Tracey Cheek 

    Tlc@nafa.aero 

    405.850.1292 

    Bluetail Joins National Aircraft Finance Association 
       

    Washington, DC: National Aircraft Finance Association (NAFA) is pleased to announce that Bluetail has recently joined its professional network of aviation lenders under the leadership of Stuart Illian and Roberto Guerrieri. 

    Bluetail is the leading business and private aviation aircraft records SaaS platform built specifically for aircraft owners, flight departments, lenders, brokers, MROs and operators. Its services allow customers to store, search and share data. Bluetail also helps aircraft owners, their staff, and partners to maintain all of their aircraft records and logbooks in one secure, collaborative platform. The solution makes it easy to build and categorize logbooks, timelines, manuals, maintenance documents and even privately share and easily search records. 

    Products & Services 

    Bluetail offers a “back-to-birth" aircraft records platform for business and private aviation. Products and services include: 

    • A cloud-based app that serves as “insurance” for irreplaceable records which is fully compliant with FAA Advisory Circular AC 120-78A covering electronic record keeping, manuals and e-signatures. 

    • One single platform that allows owners and operators easy and secure access to aircraft records for events such as aircraft sales, inspections/modifications, AOG, conformity audits and pre-flight reviews.  

    • A nationwide aircraft records scanning network, seamless onboarding and best-in-class customer support. 

    • MACH® proprietary search function that uses aviation-specific machine learning technology. 

    “NAFA members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world. We’re excited to welcome Bluetail to our growing organization as we celebrate our 50th anniversary,” said Jim Blessing, president of NAFA. 

    About Stuart Illian: 

    Stuart Illian is a senior business executive with 35 years of experience in aviation, high-tech and numerous start-ups. He has held key positions at notable Fortune 500 companies which include Apple, Lockheed Martin, Deloitte and Textron. Stuart was part of “the original XOOM”, an Internet start-up that had a highly successful initial public offering in 1998 and has extensive ownership and operator experience with multiple aircraft training and simulator ventures.  This eventually led him to form the Bluetail Aircraft Records Management SaaS platform with Roberto Guerrieri, which is headquartered in Scottsdale, AZ. Stuart is an FAA commercial and instrument-rated pilot who graduated from Ohio State University with a BSBA in Accounting and a minor in Aviation Management. 

    For more information about Bluetail, please visit https://www.nafa.aero/companies/bluetail.

    #### 

    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 with 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
    Aero Finance Aviation® Joins National Aircraft Finance Association® see more

    FOR IMMEDIATE RELEASE: October 18, 2021                                  

    Contact: Tracey Cheek

    Tlc@nafa.aero

    405.850.1292

    Aero Finance Aviation® Joins National Aircraft Finance Association®
     

    Washington, DC: National Aircraft Finance Association (NAFA®) is pleased to announce that Aero Finance Aviation® has recently joined its professional network of aviation lenders under the leadership of Bill Perry (Managing Partner).

    Aero Finance Aviation, LP is a pre-registered U.S. Securities & Exchange Commission (SEC) Regulation D, Rule 506(c) private debt and equity fund structured to solve the custom financing and private equity needs of aerospace and aviation market participants by offering the most competitive, risk-adjusted aviation lending rates available as well as flexible repayment options that are significantly less restrictive than most commercial banks. Aero Finance Aviation® sources experienced accredited investors and licensed lenders to finance and provide direct funding for short term private money loans, medium term bridge loans, permanent loans as well as subordinated debt and equity financings secured by deeds of trust on titled aerospace & aviation industrial equipment, airport real property and U.S. Federal Aviation Administration® (FAA) registered aircraft.

    Products and Services

    Aero Finance Aviation® serves asset based (limited recourse) as well as credit based (full recourse) funding and lease financing requests for aerospace manufacturing and aviation industrial equipment, business jets, turboprops, agricultural aircraft, helicopters, UAV's, military war birds, experimental aircraft, turbine aircraft engines and airport real property financing applicants from $500,000 to $500,000,000 either directly or in syndication with other accredited investors and licensed lenders worldwide.

    “NAFA® members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world. We’re excited to welcome Aero Finance Aviation® to our growing organization as we celebrate our 50th anniversary,” said Jim Blessing, president of NAFA.

    About Bill Perry:

    Bill is the Managing Partner for Aero Finance Aviation® based in Chicago. In addition to NAFA®, Bill is a member of the Experimental Aircraft Association®, Citation Jet Pilots Association®, Falcon Jet Association® and the National Business Aviation Association®.

    Bill is a CFA® (Chartered Financial Analyst) Level 1 Candidate and has recently completed Module 1 of the Embry-Riddle Aeronautical University® / ASA® Aircraft Appraiser Certification Program.

    Bill’s undergraduate education and aerospace industrial interests include a BA in Economics from Eastern Illinois University, AA in Criminal Justice as well as Gas Tungsten Arc Welding (TIG) Certification from the Hobart Institute of Welding Technology®.

    Bill is an honorably discharged veteran of the U.S. Marine Corps as well as a licensed commercial and instrument-rated pilot with more than 500 hours total pilot time flying his own high-performance aircraft. Bill began his aviation career in high school at 15 years old working as a lineman fueling airplanes in Chicago (KIGQ) and all through college as well at KMTO where he earned his private pilot’s license in 1991 when he was 19 years old. Bill is also a graduate of the Flying Tigers Ag Pilot School in Rayville, Louisiana.

    For more information about Aero Finance Aviation®, visit https://www.nafa.aero/companies/aero-finance-international.

    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 with 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.