The Corporate Jet Investor Podcast
Welcome to the Corporate Jet Investor Podcast where we bring together some of our friends and colleagues from across the world of business aviation.
Hosted by Alasdair Whyte and brought to you by the team at Corporate Jet Investor. Winner of best digital offering in the 2020 Aerospace Media Awards. Connect with us at www.corporatejetinvestor.com
Producers: Olivia Leaning and Louisa Whyte
The Corporate Jet Investor Podcast
CJI Podcast #53 | Mark Bearden | First American Equipment Finance | "As a lender we feel really good about fractional ownership"
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
This week on the Corporate Jet Investor podcast, Mark Bearden, Senior Vice President at First American Equipment Finance, explains why fractional ownership is so popular and why his banks likes financing it.
Mark discusses why City National lends against the borrower rather than the aircraft, and how that approach fits well with used fractional shares. He covers what drove the post-2020 boom, who is buying fractional today, and when it beats charter, jet cards or whole-aircraft ownership.
He also gets into how bonus depreciation has boosted demand, typical loan terms and closing times, and the long manufacturer backlogs. He finishes with where the fractional market goes next.