Aircraft Financing
Advertisements
When you get the bug to learn to fly, you will get that love of flying in your blood. And that is an addiction you might never get over. And why should you? Being able to fly an airplane is not only a wonderful hobby, it’s a worthwhile skill as well. During the disaster in Louisiana when Hurricane Katrina hit, it was the army of amateur pilots that helped transport desperately needed supplies to the victims when the disaster was just too large for one agency to handle alone.
So if you have come to that point that you want to own your own plane, that is a natural next step for most amateur pilots. You have worked hard to get your pilots license and get the necessary flight time to earn the right to fly. Owning your own plane will just open the skies up to you all the more. But how to go about getting financing for this expensive purchase is a big question.
While the path to getting financing for such a large investment as a hobby might be difficult, it might make more sense to approach the financing question by seeking a small business loan. You know how many great opportunities there are to use your ability to fly a small aircraft are out there. Many amateur flyers take this route and start successful small businesses flying for business executives in your community or offering other services where owning a plane is a must.
This step of putting together a business plan and organizing your own business is an ideal way for you to justify the purchase of your own aircraft. And if all you do is make enough money to make the payments on your aircraft loan, that would make it worth trying your hand at entrepreneurship by itself. Who knows, you might find just the right niche in your community and develop a very lucrative business providing flying services to others. If that happens just because you love to fly, you will have realized your dream of combining something you love to do with your career.
There are some steps to take to prepare the paperwork to go to a bank or another lending institution to give you a small business loan. You will have to develop a business plan and have a legitimate market to provide your services to. You can find lots of help with the business plan at your local small business association. And by networking with your associates at the airport where your amateur flyers clubs meet and with friends from flight school, you can surface plenty of real need for a service that offers an airplane to individuals or small businesses for a profit.
Advertisements
Before long, you will have that business plan put together and find yourself presenting it to a banker for consideration for a small business loan. Don't be surprised if the bankers who look at your proposal catch your dream and are willing to fund your new business. In fact, they may be your first customers to line up to take advantage of the service you can provide by offering your services as a pilot taking to the air for fun and making a living doing so.
Ex-Im Bank Chief Contests Delta Complaints on Aircraft Financing ...
by unknown
17 Apr 2012 at 2:05pm
Ex-Im Bank Chief Contests Delta Complaints on Aircraft Financing Bloomberg Delta Air Lines Inc. (DAL)'s complaint that US Export-Import Bank financing for foreign competitors has cost American jobs is flawed, bank ...
Airline Pilots to Senate Banking Committee: Protect Our Jobs in Ex ...
by The Pilot Partisan Agenda
17 Apr 2012 at 11:09am
Over the past five years, the Bank has provided financing for dozens of wide-body aircraft to foreign airlines, with aircraft financing representing more than 40 percent of all Bank financing. This financing is provided at rates that ...
The Best Way to Own an Aircraft- Aircraft Financing | finance and ...
by admin
15 Apr 2012 at 6:37am
Article by Kristina Paul. Ownership of an aircraft seems like thing of past, especially because of fluctuating economic trends. Still, people can enjoy the luxurious feeling of owning an aircraft through aircraft financing from a ...
SHARIA'A COMPLIANT AIRCRAFT FINANCING IN ARUBA | Karel's ...
by Karel.Frielink
21 Mar 2012 at 12:53pm
Using a Curacao Trust or Private Foundation In this memorandum the possibilities for Sharia'a compliant aircraft financing by registering the aircraft in.
European Debt Crisis Hits Aircraft Financing
by Annamaria
20 Mar 2012 at 10:32pm
Airlines that rely on European banks to finance aircraft purchases will have to find alternative backing for their deals as the debt crisis intensifies this year, US airline executives said on Tuesday.
Aircraft Financing Costs Seen Close To Peak
by unknown
20 Feb 2012 at 11:43pm
The cost of financing new aircraft may come off current highs for some carriers as lenders step up competition for creditworthy debtors, a top supplier of aircraft financing said.
Bombardier, AVIC ink MOU for aircraft financing | ATWOnline
by lblachly
9 Feb 2012 at 3:04pm
Bombardier and the Aviation Industry Corp. of China (AVIC) signed a memorandum of understanding (MOU) for an expanded cooperation to support the financing of commercial aircraft sales in China and globally.
A Quiz for Aircraft Financing
by Jerry Bing
13 Apr 2012 at 7:57pm
To purchase an aircraft for personal or commercial reasons, you'll certainly need to know a little bit about the aircraft financing process. Take the following quiz and see if you have the necessary understanding to proceed with ...
Guide for Aircraft Financing | Cessna Invite
by admin
5 Apr 2012 at 8:11pm
It's very great to for you to travel extensively. What is the best route for you to go financially? There are a great many aircraft financing options for you.
GE Capital Aviation Services Delivers New Boeing 737-800 to Copa ...
by Pilot News Magazine
19 Mar 2012 at 12:43pm
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1725 owned and managed aircraft with over 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types ...
Bizav Financing Improving, but with Some Caveats | Aviation ...
by Chad Trautvetter
15 Mar 2012 at 1:54pm
Citi Private Bank said with aircraft financing becoming more available and pre-owned business jet prices still quite low, now is the time to buy younger used aircraft, some with significant technological improvements such as ...
MC Scrip Blog Archive Aircraft Financing & Asset Financing Has ...
by admin
1 Mar 2012 at 2:26am
The Family Law Ireland holds a powerful deception on the basis that a family crisis must be solved in an effort to remedy the nation's problem. aircraft financing & asset financing have gained sufficient development within the ...
Guide for Aircraft Financing | Share The Road
by admin
8 Apr 2012 at 3:05am
There are a great many aircraft financing options for you to choose from as well as criteria to consider with regards to obtaining the best aircraft financing rates. But first, let's look at the various ways an aircraft finance loan can ...
Sun N Fun 2012 De-brief The Business of Aircraft Financing
by AirFleet
5 Apr 2012 at 2:44pm
Another Sun 'N Fun under our belt and we are getting back into the swing of things at the office. With high hopes for better weather this year, we certainly weren't disappointed - 80s and sunny everyday with just a minor storm ...
Kinds Of Appraisals For Financing An Aircraft | Argusu As
by unknown
12 Oct 2011 at 10:23am
Once you have located your lender and have obtained your appraisal, you are properly on your way to getting your Aircraft Financing and eventually being the owner of your own aircraft. Of course, my husband, wanting to be ...
