Finance, Taxes, Insurance
Global Jet Capital Expands in Asia to Meet Anticipated Demand
The U.S.-based aircraft financing provider sees demand rising in the region over the next decade.
David Labrozzi, chief operating officer Global Jet Capital. (photo: Mariano Rosales)
David Labrozzi, chief operating officer Global Jet Capital. (photo: Mariano Rosales)

Private aviation lender Global Jet Capital (GJC) sees the Asia-Pacific business aviation market heating up over the next 10 years. The U.S.-based company (Booth C219) predicts that over the next decade, the Asia-Pacific region could receive as many as 581 new midsize-to-heavy business jets worth approximately US $20.9 billion. Over that period, GJC estimates the value of new deliveries to the region will grow at 10.9 percent annually, the fastest in the world.