Global Jet Capital Launches At 2014 NBAA Convention To Serve Long-Range Business Jet Leasing And Financing Market
Global Jet Capital, a new company providing leasing and lending solutions for large-cabin, long-range business jets, has officially begun operations. Three global investment firms–GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners–have partnered to launch the company, which has the financial capacity to fund more than $2 billion in aircraft financing for individual, corporate and government use globally.
“Our management team, executive committee and sponsors have been evaluating this marketplace for the last 36 months,” said Shawn Vick, Chairman of Global Jet Capital’s executive committee. “The conditions are right for asset-based structured financing services. In recent years, traditional lending sources have not been as active in business jet financing as they used to be, leaving an opportunity for Global Jet Capital.”