'Inside Aviation': Why Empty Legs Are Like Bigfoot; Flying Private Isn’t Always a G650

FLYING Finance’s Preston Holland joins ‘Inside Aviation’ to discuss the latest topics in the private aviation space, including some hot takes on some popular TikTok videos.

FLYING Staff

Monday, March 11, 2024 at 01:16 PM ET

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Key Takeaways:

FLYING Finance acts as an intermediary to simplify airplane financing, connecting buyers with lenders to foster competition and guide them through the process, including explaining key concepts and offering a streamlined online application.
The article explores the financial rationale for airplane ownership, suggesting it can be sensible for frequent regional travel with limited commercial options, while also debunking common private aviation myths.
Key financing considerations include market trends like rising interest rates and potential bonus depreciation, client demographics often comprising business owners and high-income individuals, and lender evaluations that go beyond finances to include pilot ratings and aircraft details.

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Taking to the skies often requires navigating the complexities of financing an airplane. Episode 2 of Inside Aviation sheds light on this process with hosts Kevin Cortes and Ryan Ewing interviewing Preston Holland, chief commercial officer at FLYING Finance.

Helping clients navigate the intricacies of airplane financing, FLYING Finance acts as an intermediary between buyers and lenders. The group creates competition in the loan market, explains key concepts like TBO (Time Between Overhauls), and guides clients through the entire buying process.