Primary dealers

November 1, 2011 - 6:52am
Word "bank" on outside wall of tall building.

If you’re gainfully employed in business aviation, odds are you vote Republican and cheerlead for robust capitalism, and that’s understandable. Nobody with a mortgage and kids to educate is inclined to bite the hand that feeds, and capitalism-created wealth is what pays the bills for all of us in this business.

October 20, 2009 - 3:40pm

Bank of America and Avjet Aviation Services yesterday announced a strategic alliance whereby business jet buyers will receive preferred terms if they finance their airplane through Bank of America and enter into a management agreement with Avjet.

October 1, 2008 - 7:01am

Since late 2006 DeCrane Aerospace has undergone an internal restructuring that included a name change, a headquarters relocation, a shift in marketing strategy and a refinancing effort.

September 30, 2008 - 5:21am

As if there hasn’t already been enough bad financial news, reports from UBS Investment Research and JPMorgan indicate that pre-owned business jet inventories continued to increase in August, leading both firms to warn that deliveries of new aircraft could fall as a result.

September 9, 2008 - 11:20am

Separate reports released in the past week by JPMorgan and UBS Investment Research indicate that pre-owned business jet inventories continued to increase last month, leading both financial analyst firms to warn that deliveries of new aircraft could fall as a result.

December 27, 2007 - 6:57am

Long Island-based jet charter and management company ExcelAire has been selected to join Executive Jet Management, Jet Aviation and Jet Direct as a partner by Bank of America’s aircraft financing division. According to the bank, customers seeking aircraft financing will be offered discounted lease terms if they select one of these management providers.

November 8, 2006 - 8:44am

Bank of America (Booth No. 2390) announced today that it is establishing a cross referral and joint marketing program with Atlantic Aviation Flight Services, a subsidiary of Sentient Jet. According to Bank of America, clients who have signed on with Atlantic Aviation will receive “enhanced economics” in their financing terms from Bank of America.

October 12, 2006 - 8:32am

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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