Global Jet Capital (GJC) has topped $4 billion in aircraft financing originations for new-production and preowned aircraft—a milestone reached a decade after its founding.
GJC was established in 2014 to focus on business aircraft financing solutions, and it grew rapidly with the purchase of the $2.5 billion portfolio from GE Capital in 2015. The Danbury, Connecticut firm has continued to expand with a global reach, as well as establishing offices in Zurich and Hong Kong.
In 2018, GJC issued its first asset-backed securitization (ABS) backed by business jet and operating lease loans and since has conducted a series of such transactions, issuing some $3.6 billion in ABS notes.
“Looking back on our journey to this point, one of the things I’m most proud of is the team’s history of stepping into complex situations and quickly removing obstacles and making deals happen for our clients and their advisors,” said CEO Vivek Kaushal. “As we celebrate a decade in business and surpass $4 billion in financing, these milestones underscore our firm commitment to leadership in the business aircraft financing industry.”