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McKinney National Airport breaks ground on new US$16m FBO terminal

The city of McKinney has broken ground on the future home of the US$16m McKinney Air Center, a state-of-the-art fixed-base operator (FBO) terminal at the McKinney National Airport. The terminal will span 17,000ft2, in addition to a 40,000ft2 transient hangar. Read more on this story here.

23rd April 2018



Donegal ranked as world’s most stunning runway in 2018 Scenic Airport Poll

Private jet booking platform, PrivateFly, has revealed the results of its Scenic Airport Poll 2018, with Ireland’s Donegal Airport being ranked as the world’s most beautiful landing spot. The annual survey, which was conducted in February 2018, asked 8,500 travellers to name their top landing location. Other airports listed in the top ten include Barra in Scotland, Nice in France and Queenstown in New Zealand.

12th April 2018



Can you name the US airport in the picture below? The hub is home to fixed-base operations from Jet Aviation and Ideal Aviation.

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Global Jet Capital joins EBAA

Global Jet Capital, a provider of financing solutions for private aircraft, has joined the European Business Aviation Association (EBAA). Recently, it also become a member of the German Business Aviation Association (GBAA).

This represents a good opportunity for Global Jet Capital, which estimates that there are 1,736 business jets in the midsize, heavy and airliner category in Europe, accounting for around 13% of the global total. Between now and 2025, it also believes there will be 1,530 business jets worth US$46bn delivered to the continent.

The company launched in 2014, and is capitalized by three global investment firms – GSO Capital Partners, a Blackstone company now in partnership with Franklin Square Capital Partners; The Carlyle Group; and AE Industrial Partners. Global Jet Capital has over US$1bn of dedicated funding to provide to clients looking to finance or lease private jets, which can cost as much as US$70m. Globally, approximately 80% of business jet users will seek financing or leasing solutions to acquire aircraft.

Robert Gates, head of sales for Europe, Asia and Middle East, Global Jet Capital, said, “Europe is the world’s second-largest private aviation market after North America, and it’s a focus region for us as we grow our business. Matthias Müller, based in Zurich, and Graeme Shanks, based in London, have recently joined the Global Jet Capital team as sales directors to cover this important market. We are delighted to have joined EBAA, and this represents another example of our commitment to the European business aviation market.”

November 30, 2016

 


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