302 Medium to Heavy Jets Delivered to FL in the Next 10 Years

302 Medium to Heavy Jets Delivered to FL in the Next 10 Years

 Analysis from Florida based Global Jet Capital, a global provider of financing solutions for corporate aircraft, suggests that just over 300 medium and large business jets worth an estimated $12.3 billion could be delivered to Florida between now and 2025.

 Global Jet Capital, which has over $1 billion to lend to clients purchasing business jets, says the bulk of these purchases will be based on leases and loans. The company currently finances over 200 business aircraft for clients. The company’s research reveals that Florida has around 355 mid and 419 heavy business jets, which is approximately 10.5% of the total for the USA as a whole. (2)

 Steve Day, Head of Sales, The Americas, Global Jet Capital is attending the Corporate Jet Investor Miami 2016 Show this week (30th November – 1st December) along with around 250 senior level financiers, brokers, lawyers, manufacturers, operators and other business aviation professionals. Commenting on the Florida business aviation market, he said: “Florida has the second largest fleet of mid and heavy sized jets in the United States of America – only Texas has more.

 “We specialize in funding the purchase of mid to heavy private jets, and these typically cost between $10 million and $75 million each. Up to 80% of the funding is sourced through external financing and with as many as 302 of these aircraft potentially being delivered to Florida between now and 2025, the market here is one of the most important for us of any in the world.”

 Global Jet Capital launched in 2014 and it is capitalized by three global investment firms – GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners. In January 2016 Global Jet Capital completed the purchase of GE’s corporate aircraft lease and loan book in the Americas.

 The company’s current management team and executive committee is composed of leaders from business jet manufacturers, maintenance and service providers and leading financial institutions who have served the private aircraft industry for a combined 200-plus years and have completed over 3,500 aircraft transactions.

If a private aircraft is right for you, call us at 844.436.8200 or contact one of our management team members here. 

Posted By GJC Insider  \  

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