Hanneke Weitering is a writer and editor with AIN covering advanced air mobility and new flight technologies. She became an aviation journalist and joined the AIN team in the summer of 2022 after reporting on spaceflight and astronomy for six years at Space.com. After earning a bachelor’s degree in physics from the University of Tennessee, Knoxville, she moved to New York City to pursue a master’s degree in science, health, and environmental reporting at New York University&#039;s Arthur L. Carter Journalism Institute. After spending several years in the Pacific Northwest, she has returned to the Knoxville area.

Science & Technology Editor

Hanneke Weitering

AeroVentures, a new investment firm led by former <a href="https://www.ainonline.com/aviation-news/business-aviation/2022-06-16/vista-finalizes-jet-edge-acquisition">Jet Edge</a> CEO Bill Papariella, aims to foster growth and innovation in the private aviation industry through strategic financial investments.
The company officially announced its launch this week at NBAA-BACE 2023 and revealed its first partnership on Monday. AeroVentures entered into a “strategic sales alliance” with <a href="https://www.ainonline.com/aviation-news/business-aviation/2023-10-15/jetcraft-allies-aeroventures">Jetcraft</a>, a business aircraft brokerage and consultancy firm with 25 offices around the world. As part of the deal, AeroVentures provided Jetcraft with a $100 million credit facility, and Jetcraft will be AeroVentures’ exclusive trading partner.
Papariella told AIN that his family-run business will provide direct credit lines and investments for small- to medium-sized private aviation companies that are either looking to expand or to introduce innovative technologies. In particular, AeroVentures will target mid-market companies with an EBITDA of less than $50 million.
On the venture capital side, Papariella said he would like to invest in emerging companies that are focused on sustainability and cutting-edge technologies, such as artificial intelligence and advanced flight operating systems.&nbsp;On the sustainability front, he hopes to invest in infrastructure for sustainable aviation fuel.
Additionally, he aims to provide funding for infrastructure at airfields and aircraft storage facilities, MROs, retail aircraft brokerages, real estate developers, and just about any other aviation-related venture.
According to Papariella, high interest rates have caused a recent “dislocation in the market” for financing options, which makes it difficult for many businesses to raise money. “We would be one of the very few direct private aviation-focused lenders,” he said.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

AeroVentures Launches Investment Fund for Private Aviation

Funds available for innovative and expanding companies

AeroVentures, a new investment firm led by Bill Papariella, aims to foster growth and innovation in the private aviation industry through strategic investments.

2024 Corporate Aviation Leadership Summit

Amy Wilder

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Pre-tax earnings for service group climb 20.6%

NetJets, FlightSafety Revenue Rises in First-half 2026

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

Financing supports Eco Caravan certification and hybrid-electric APU development

Ampaire Raises $19 Million for Hybrid-electric Airplanes

Kerry Lynch

Moody's assigned a Ba2 credit rating, up from Ba3, while maintaining a positive outlook

Moody's Upgrades Bombardier as Balance Sheet Improves

Matt Thurber

News and information on safety procedures and concerns.

Decision support system helps pilots assess risks up to 14 days ahead of planned flight

PlaneWX Pilots Save with 5X5 Insurance Safety Rewards

Component sales boosted Beta’s second-quarter revenue

Beta Is Turning Its eVTOL Competitors into Customers

Charles Alcock

UK group says it will complete Valo eVTOL’s critical design review this year 

Vertical Extends Cash Runway with Fresh eVTOL Funding 

Buyers urged to seek guidance, consider financing before finding an aircraft

IADA Panel: Financing Has Evolved Beyond a Buying Tool

Howard Hardee

News and issues relating to civil and military unmanned aircraft systems (UAS), unmanned aerial vehicles (UAVs) and remotely piloted aircraft systems (RPAS) of all kinds and sizes, including those used for intelligence, surveillance and reconnaissance (ISR), combat (unmanned combat air vehicles, or UCAVs), law enforcement, research and other applications. Of particular focus is the FAA's planned integration of UAS into the U.S. national airspace system.

NBAA-BACE 2023

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