Over 150 New Business Jets Could Be Delivered To Europe This Year Worth An Estimated $ 5 Billion

Published On : 01/30/2018

• Over 13% of deliveries could go to the UK
• Research reveals demand for business aviation finance is expected to increase

Analysis of industry data ⁽¹⁾ by Global Jet Capital, a world leader in financial solutions for private aircraft, reveals over 150 new business aircraft could be delivered to Europe this year, worth more than $5 billion.  Over 13% of these deliveries (21 aircraft) could go to the UK.

With an improving economy, Global Jet Capital sees the EU as a growth market, and expects finance to become more readily available to help those wanting to buy business aircraft here.

New research (2) from the company amongst 144 business aviation professionals reveals 75 anticipate demand for private aviation finance will increase in 2018, and 56% think the volume of funding will also rise.

When asked how attractive they think the European private aircraft market is currently to finance companies, 34% described it as ‘very attractive’ and a further 43% as ‘attractive’.    Only 21% think it is ‘unattractive’.

Shawn Vick, chief executive officer at Global Jet Capital, said: We expect to see the business aviation sector expand over the next few years.  Factors behind this include economic growth in most of the major economies, a significant amount of investment and strong corporate earnings.  These factors can lead to greater utilization of aircraft, a decline in used aircraft inventory and a growing order book for new corporate jets.

“As an organization, we are well capitalized and ready to take advantage of an increasingly attractive environment to lend.”

Global Jet Capital 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.

Global Jet Capital currently has approximately $2.5 billion in assets under management.

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.