50 SKY SHADES - World aviation news

JetLease Capital completes CJ2 loan

Download: Printable PDF Date: 14 Oct 2015 13:40 (UTC) categories:
Publisher:
JetLease Capital completes CJ2 loan - Finance publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes

JetLease Capital has arranged and completed a $2 million loan for a Cessna Citation CJ2 business jet. The jet will be based in the Midwest United States.

The transaction was structured as a 7 year term loan, 15 year amortisation, 80% LTV. The client is a high net worth individual/entrepreneur engaged in the real estate industry.

JetLease Capital is based at the West Palm Beach Florida Airport and specialises in corporate aircraft financing transactions including term loans, leases, and bridge loan structures for fixed wing aircraft and helicopters.





Recommended

First production Cessna Citation CJ4 Gen3 rolls out, marking major step toward entry into service

Textron Aviation has marked a key milestone in the development of the Cessna Citation CJ4 Gen3 with the rollout of the program’s first production aircraft. The achievement brings the next-g...

Airbus expects global freighter fleet to nearly double by 2045

Airbus 2026 Cargo Global Market Forecast, unveiled at the Cargo Facts Symposium, predicts that the global fleet of dedicated freighter aircraft will expand by 46%, rising from 2,360 aircraft in 2026 t...

Viasat delivers major U.S. capacity expansion for JetXP business aviation customers

Viasat has significantly expanded the capacity of its JetXP in-flight connectivity service across the United States, delivering up to five times more bandwidth for business aviation customers equipped...

Elevating Nevis: Premier Mark Brantley on aviation, tourism and economic transformation

Few infrastructure projects have the potential to reshape an island's future quite like the ongoing transformation of Nevis Airport. To gain deeper insight into this ambitious development and the...

Android Apps development in Riga, Latvia