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  • 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
  • NAFA Administrator posted an article
    Retaining 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 value

    Our 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.

    Read full article here

    This article was originally published by Jetcraft on February 16, 2024.

     March 04, 2024
  • NAFA Administrator posted an article
    NAFA 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.com 

     

    NAFA 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: 

    • Overseeing the sale and acquisition of over 225 turbine-powered aircraft. 

    • Leading pre-owned aircraft sales efforts at Embraer for nearly a decade. 

    • Managing new and used Citation and Caravan sales at Cessna for eight years. 

    • Serving for 11 years in NASA’s Mission Control Center in Houston as a Flight Dynamics Officer for the nation’s space program.  

    • Holding a commercial, multi-engine, instrument-rated pilot certification.  

    • A 20-year veteran of the Navy Reserve 

    • Earning a Master’s Degree in Aerospace Engineering 

    • 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. 

     March 04, 2024
  • NAFA Administrator posted an article
    NAFA 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. 

     February 29, 2024
  • NAFA Administrator posted an article
    NAFA 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. 

     February 29, 2024
  • NAFA Administrator posted an article
    NAFA 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 
    757.995.0452

     

    NAFA 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

     February 23, 2024
  • NAFA Administrator posted an article
    NAFA 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.com 

     

     

    NAFA 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. 

     February 23, 2024