Bank of America last month formed the Corporate Aircraft Finance Division, a group that combines The Private Bank’s Aviation Finance Division with the Bank of America Leasing Corporate Aircraft Finance strategic business unit. With creation of the new division, Bank of America has more than 700 clients and $4 billion in aircraft loans and leases.
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Aviation Partners ‘Intensely Interested’ in Spiroids
August 21, 2008 Years after testing an unusually shaped “spiroid” winglet on a Gulfstream II, Aviation Partners remains “intensely interested” in continuing... |
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Eclipse Production Slowdown Trickling to Suppliers
August 21, 2008 With a strong vested interest in a revitalized Eclipse Aviation, Eclipse 500 suppliers are walking on eggshells when discussing planned... |
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Despite Grob’s Woes, PlaneSense Stands By SPn Order
August 21, 2008 George Antoniadis, the president and CEO of Alpha Flying’s PlaneSense fractional ownership program, is standing by the company’s order for 25... |
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FAA, Congress Turn a Critical Eye to the Eclipse 500
August 20, 2008 Since August 11, the FAA has been conducting a special certification review (SCR) of the Eclipse 500 very light jet, the agency said today. A... |
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Grob Insolvent after Lender Balks at More SPn Delays
August 19, 2008 Grob Aerospace yesterday filed for insolvency in Germany after its main source of capital suddenly withdrew financial support for the new SPn... |
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