Global Jet Capital recently surpassed $4 billion in aircraft financing originations to users of new and pre-owned aircraft. This milestone coincides with the company’s commemoration of a decade in business.
“Looking back on our journey to this point, one of the things I’m most proud of is the team’s history of stepping into complex situations and quickly removing obstacles and making deals happen for our clients and their advisors,” Vivek Kaushal, CEO of Global Jet Capital, said.
Global Jet Capital commenced operations in 2014 and in 2015, the company expanded its scale and reach with the acquisition of GE Capital’s business aircraft portfolio. In 2018, Global Jet Capital issued an asset-backed securitization (ABS) backed exclusively by business jet operating leases and loans, for which it won a securitization award, beginning a series of ABS transactions. To date, the company has issued an aggregate of $3.6 billion of ABS notes.
“As we celebrate a decade in business and surpass $4 billion in financing, these milestones underscore our firm commitment to leadership in the business aircraft financing industry. We remain steadfast in our dedication to hearing and understanding our clients’ needs and delivering structures and solutions to meet them,” Kaushal said. “Most importantly, we express our gratitude to all who have supported us over the past 10 years. With a decade of achievements behind us, we eagerly anticipate the next 10 years and are enthusiastic about the future.”
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