LONDON, May 2011 /PRNewswire/ — AXON Aviation Group, the London-based private jet lease specialist, today commented on the increasing demand for aircraft leasing as a solution for international business jet buyers.
With specific expertise in leases, financing, valuations, aviation contracts and aircraft management, AXON works for existing aircraft owners and prospective buyers on an exclusively mandated basis to develop tailored leasing solutions.
“As the global business aviation sector continues to recover from the economic slowdown of 2008, we see leasing emerge as an attractive and compelling financial strategy for business jet buyers,” says Niki Rokni, Partner, AXON Aviation Group. “The fundamental reasons are quite simple. For buyers, leasing reduces pricing risk and avoids large capital outlays. For aircraft owners, leasing delivers a steady revenue stream, irrespective of other market forces.”
In addition, with aircraft financing still difficult to obtain for many prospective buyers, leasing offers an alternative solution. Furthermore, it is becoming increasingly prevalent among experienced aircraft owners who wish to avoid risk, while maintaining the consistency of service associated with ownership. Leasing is also a compelling option for purchasers forced to wait several years before delivery of a new aircraft. In the interim, such purchasers may avoid charter and enjoy the full convenience of their own dedicated aircraft.
“We are seeing rapid growth in demand for our services. So far this calendar year, AXON has closed four major transactions for customers, and we have been mandated to place an additional six aircraft on lease by the end of the second quarter. Typically, our clients are large jet operators from Western Europe, the Middle East and Russia,” adds Guy Burden, Partner, AXON Aviation Group.
