Financing

Flight School Loans: 3 Ways to Finance Flight School

Becoming a pilot can be costly, ranging from a few thousand dollars to $100,000, depending on the type of certification or license you need. These costs include flight training fees, test fees, airplane rentals, etc. Undoubtedly, the expense of attending a flight school often scares people from becoming pilots. Thankfully, there are a few ways […]

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Volocopter Partners with ACG to Provide $1 Billion in Financing Solutions

Volocopter is partnering with Aviation Capital Group (ACG) to develop financing options intended to allow the electric vertical takeoff and landing (eVTOL) startup to sell its aircraft after certification.  The deal will cover the Germany-based company’s family of aircraft with up to $1 billion in support. Aircraft include the VoloCity and VoloConnect, designed for passengers, […]

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Learn to Fly: Securing the Funds to Fly

Securing the funds to make your flying dreams happen takes planning and strategic thinking. There are a range of solutions for finding sources of financing, planning for your expected expenditures, and applying for scholarships that will help you on your way. The first question to answer: What level of flying do you wish to achieve? […]

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How to Pay for an Airplane

There comes a time in most pilots’ lives when they’re faced with a tough decision: continue renting an airplane from a local flight school or club, or buy one of their own. Maybe there’s a sweet little bird you’ve had your eye on already. You’ve chatted with the insurance agent, you’ve looked into hangar or […]

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Cancellations Continue Into Q2 as Cessna’s Revenues Drop

According to a report from parent company Textron, Cessna delivered 84 Citations in the second quarter of this year, compared with 117 for the same time period last year. Revenues also decreased by $630 million, a shortfall of some 42%. Profits were down also, to $48 million (from $214 million) due to low sales volume […]

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Analyst Sees 2009 as One of GA’s Darkest Years

As more “progress payments” come due, jet manufacturers face challenges as customers might have difficulty raising the cash. Progress payments are scheduled payments toward the sales price, agreed to under a sales contract, and made at fixed dates as the delivery date approaches. According to business aviation analyst Brian Foley, a new, stricter credit culture […]

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Pilot in aircraft
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