Dépêches
SinglePoint Aircraft Finance Completes Transaction in First Thirty Days
Dépèche transmise le 27 janvier 2011 par Business Wire

SinglePoint Aircraft Finance Completes Transaction in First Thirty Days
OKLAHOMA CITY--(BUSINESS WIRE)--SinglePoint Aircraft Finance (SinglePoint), an AGC Aerospace & Defense company, has completed a transaction within the first month of launching its commercial and general aviation aircraft lending initiative. The subject of the successful transaction was a Hawker 800 XP business jet.
“Knowing the aircraft inside and out from a maintenance perspective gives us a unique ability to define potential risk”
“This quick closing validates our view that the market is seeking a more efficient approach to aircraft financial transactions. We anticipate a robust year of deal flow for SinglePoint as we apply our unconventional and proven approach to solving an unmet need,” stated Tim Wilson, President of SinglePoint, a portfolio company of AGC Aerospace & Defense. “This first commercial transaction has highlighted the synergies we hoped to achieve with AGC’s MRO focused operating company, Valair Aviation, allowing us to move quickly to complete the financing.”
Valair Aviation, also an AGC Aerospace & Defense company, is a turnkey provider of heavy maintenance, restoration, modification, avionics, interior completion, and paint services.
“Knowing the aircraft inside and out from a maintenance perspective gives us a unique ability to define potential risk,” remarked Rick Nagel, a partner at Acorn Growth Companies, the private equity backbone of AGC Aerospace & Defense. “The combination of access to capital, operations-centric risk assessment, and ability to mitigate that risk with in-house maintenance capability will define our competitive advantage in this space as we unite the unique attributes of SinglePoint and Valair.”
ABOUT SINGLEPOINT AIRCRAFT FINANCE
SinglePoint Aircraft Finance (SinglePoint) was formed to meet a very specific niche within the private and government aircraft marketplace – that of providing private aircraft financial services to customers with requirements that may present challenges to the conventional financial services marketplace.
ABOUT AGC AEROSPACE & DEFENSE
AGC Aerospace & Defense, the operating portfolio of private equity group Acorn Growth Companies, is a global supplier of technologies, systems and services that support key commercial and military programs. Capabilities within the AGC Aerospace & Defense portfolio range from financing, engineering, and integration services to manufacturing, logistics, and aircraft modifications. AGC Aerospace & Defense is organized into four operating groups: Composites, Finance, Integrated Defense, and Services.
For information: www.singlepointfinancial.com, www.agcaerospace.com.
- 04/08 A la découverte du Rutan Long-EZ
- 31/07 Mondial de l'ULM : les inscriptions en vol ouvertes
- 31/07Et si je devenais pilote d’ULM : découverte d'un moteur chinois, le Zongshen C80
- 30/07 Corsair lance une liaison vers Cotonou
- 30/07 LCI signe une commande pour 6 hélicoptères Airbus
- 29/07 Malaysia Airlines renforcent la desserte vers Doha
- 29/07 Condor renouvelle sa flotte avec la famille Airbus A320neo
- 29/07 Air Charter Service ouvre de nouveaux bureaux à Gatwick
- 29/07 Vueling lance une nouvelle ligne reliant Paris-Orly au Caire en Égypte
- 28/07A la découverte du Breguet XIV F-POST
- 27/07 Ryanair redécolle de l'aéroport de Strasbourg
- 27/07 Icelandair célèbre ses 45 ans d’activité en France.
- 27/07 Safran signe un contrat pour la maintenance des moteurs des hélicoptères NH90 néo-zélandais
- 27/07 Le nouveau loueur Abelo prévoit d’acquérir 20 ATR
- 27/07 Farnborough 2022 : Alaska Airlines a commandé 8 Embraer E175
- 27/07 Air Caraïbes nomme un directeur en e-commerce
- 27/07 Air Canada et Emirates forment un partenariat stratégique
- 26/07Airbus teste l’A400M en version bombardier d’eau (photo)
- 26/07 Farnborough 2022 : Porter Airlines a commandé des Embraer
- 26/07 Farnborough 2022: ORC a signé une commande pour un ATR 42-600