Banker tells buyers to get back in bizjet market
Sources for financing of corporate aircraft purchases may be harder to find this year than last, but Toennies von Limburg, director of international sales

Sources for financing of corporate aircraft purchases may be harder to find this year than last, but Toennies von Limburg, director of international sales with Bank of America Corporate Aircraft Finance (Booth No. 394), said there is value to be had in what has turned rapidly from a buyers’ to a sellers’ market.

The number of financing sources for corporate aircraft buyers has decreased significantly over the past year, von Limburg said. “Those institutions that are open for business are focusing on existing clients and on targets that fit well into their strategic business model. Non-recourse and limited-recourse asset-based financing driven only by the return on financing while secured only by the aircraft has virtually disappeared,” he added.