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Posts From Alasdair Whyte

Biggest brands in business aviation 2017

Biggest brands in business aviation 2017

Unless they are part of the select few, that own or charter business aircraft, few people know much about business aviation. Less than 30% of Americans can name one business aviation company according to a survey we conducted with more than

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JetSmarter president resigns for personal reasons

JetSmarter president resigns for personal reasons

Gennady Barsky has left his role of president and vice chairman of the board at JetSmarter. The fast growing business jet company has said it is “due to personal reasons unrelated to the company.” Barsky was arrested in Broward County,

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Michael Amalfitano new head at Embraer Executive Jets

Michael Amalfitano new head at Embraer Executive Jets

Michael Amalfitano is leaving Stonebriar Commercial Finance, and more than 35 years of aircraft finance, to become president and CEO of Embraer Executive Jets. Marco Tulio Pellegrini is moving to another role at Embraer. “We are thrilled that Michael has

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How to find business jet finance

How to find business jet finance

There is no such thing as a perfect deal for every financier. Private bankers look for different things in transactions than equipment leasing companies. Export credit agencies have different requirements to hedge funds. Whilst the credit quality of any borrower

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Canada lending Bombardier more cash

Canada lending Bombardier more cash

Canada has agreed to lend Bombardier C$372.5 million ($282 million) to help it continue to develop the C Series and its Global 7000 business jet. The government’s support is not a surprise but the amount is. First, Bombardier asked for

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The optimist’s guide to 2017

The optimist’s guide to 2017

There are a lot of articles warning that the world faces real uncertainty in 2017 – including Bloomberg’s pessimist’s guide. But instead, let’s look at how the business aviation market could look if everything goes brilliantly. Here is an optimist’s guide

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Gama Aviation announces Landmark US merger

Gama Aviation announces Landmark US merger

Gama Aviation, the business aviation operator, has started 2017 by merging its US operations with Landmark Aviation, BBA Aviation’s 90 aircraft US management business. BBA Aviation, the owner of the Signature FBO chain, acquired Landmark Aviation in 2016. The transaction

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JetSmarter raises $105 million to become first business aviation Unicorn

JetSmarter raises $105 million to become first business aviation Unicorn

JetSmarter this week raised $105 million in funding, at what it says is a $1.5 billion pre-money valuation. This makes it the first business aviation unicorn (a private company with a valuation of $1 billion). The company said the Series

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Freestream Aircraft celebrates 25 years

Freestream Aircraft celebrates 25 years

Launched in September 1991 by Alireza Ittihadieh (right), Freestream Aircraft has just celebrated its 25th anniversary. The aircraft broker and dealer has closed more than 700 transactions worth more than $18 billion. Ittihadieh started the business in London. It now

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Trump shows Boeing the Art of the Deal

Trump shows Boeing the Art of the Deal

In his seminal 1987 book Art of the Deal, Donald Trump outlined how he negotiated the purchase of a 727 from Diamond Shamrock, a Texan oil company. Yesterday, the President Elect demonstrated how to do it using Twitter. At 1.52pm

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The CJI Interview

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