Story ID: 
Directional Aviation Launches FXSolutions with Sojourn
By: Kerry Lynch
Caption: Directional is building on the foundation of its aircraft sales business Sojourn with the launch of FXSolutions.
Word Count: 264
Directional Aviation is increasing its reach into the aircraft brokerage market with the formation of FXSolutions, which will build on and fold in Sojourn Aviation. Directional, which founded Sojourn Aviation in 2011 to provide aircraft sales services, is bringing in executives from its various units to expand on the business. It said FXSolutions will help clients navigate through “a complex and opaque market” that has experienced a 52 percent reduction in young used aircraft inventory and increasing prices.

Matthew Doyle, who has a 20-year aircraft sales background with Flexjet and Flight Options fractional operators, will serve as managing partner. Sojourn executive Ed McDonald is a partner in the new entity, as is Clay Wilcox, who was with Flexjet.

The brokerage has developed a proprietary aircraft comparison tool that Directional said creates one of the largest aircraft inventory databases. This will help bring a hands-on approach to the process, the company said.

“It was never a simple process to find the best aircraft to meet your needs and negotiate the best price, and the market has changed in a way that makes using a professional brokerage team like ours the best way to navigate the process,” said Doyle.

In addition to identifying aircraft, FXSolutions can help the client through inspection and due diligence involved in an aircraft transaction. “What the unique, though, is that our service doesn’t end when the sale closes,” Doyle added. “We also can help you find a home for your aircraft, a crew to operate it, and the resources to maintain it.”