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BAN's World Gazetteer
CaliforniaThe International Aircraft Dealers Association (IADA) has welcomed eight new members; three IADA-Accredited Dealers and five IADA-Verified Products and Services Members. This expansion brings the organisation's total membership to a historic high of 169 companies, solidifying its reputation as the global leader in the business aircraft resale industry.
“This unprecedented growth underscores the trust and respect that IADA members command in the business aircraft resale community,” says executive director Wayne Starling. “Our newest members are recognised leaders in their respective fields, and they epitomise the high standards of professionalism, integrity and expertise that IADA represents.”
The newly accepted IADA-Accredited Dealers are:
- Aviation Sales Associates: Based in Costa Mesa, California, ASA is an expert in jet disposition and sales. Through over 10 years in the industry, it has cultivated extensive working relationships with governments, banks and Fortune 500 companies. With a transaction history that spans North America, the Middle East, Singapore and China, it has a demonstrated understanding of the global aviation market while continuing to offer straight-forward, client-centred support for all aviation needs.
- Flightline Group: Founded in 1982 and headquartered in Tallahassee, Florida, Flightline Group is a regional aviation sales and service company dedicated to providing extraordinary aviation services, aircraft sales, parts sales, avionics and aircraft maintenance services to the southeast community. Flightline Group employs over 40 aviation professionals at facilities in Tallahassee and Vero Beach.
- Global Elite Aviation: Grounded in 2020 by Michelle Hoover and located in San Francisco, California GEA specialises uniquely in all models of the HondaJet. Global Elite offers comprehensive and strategic aircraft brokerage, acquisition and consulting services, and understands the importance of customising aircraft transactions to meet clients' specific needs, missions and budget.
The IADA-Verified Products and Services Members are:
- Fifth Third Bank: Headquartered in Cincinnati, Ohio, Fifth Third Bank provides fixed and floating-rate product offerings for both new and pre-owned aircraft, and also offer progress payment financing options for new deliveries. Its aviation specialists add value for its clients, from first-time buyers to those seeking refinancing, replacing an existing aircraft or looking for help acquiring an aircraft.
- First National Capital Corporation: Based in Irvine, California, FNCC's aviation finance business group has funded over a billion dollars in business aircraft for use in Part 91 and 135 operations. Its team of experienced aviation advisors and underwriters are dedicated exclusively to aircraft finance and will tailor a solution to meet clients' specific financial requirements.
- Jaffa & Co: An award-winning law firm located in Farnborough, UK but with a truly global client base. Specialising in aviation law, it has advised on leasing, acquisition, financing, management and dispute resolution for aircraft and other assets with an aggregate value of several billion dollars.
- Lapayowker Jet Counsel, PA: A Fort Lauderdale, Florida-based law firm that devotes its practice to corporate aircraft transactions both domestic and worldwide. Using a hands on approach, it counsels foreign and domestic corporate and individual clients.
- Silver Air Private Jets: Jason Middleton founded Silver Air in Santa Barbara, California with CFO James Maxwell in 2008, creating a new model in the aviation management and jet charter industry, where it works with owners as partners rather than clients. Its internal directive was to give owners a transparent view of their aircraft operations and to make all management decisions based on its aircraft owners' goals.
IADA-Accredited Dealers are the select few that have earned membership by meeting rigorous standards that ensure only the most respected and experienced dealers become IADA Members. Once granted initial IADA accreditation, Dealers must be re-accredited every three years. This process enhances marketing value for the dealer while providing customers with efficient, ethical and effective aircraft transactions.
Products and Services Members are those companies whose primary focus is related to the support of aircraft transactions, whether their expertise is finance, legal, tax, escrow or maintenance. The vetting process begins with applicants obtaining sponsorship from three current IADA-Accredited Dealers, then prospective members complete an application. IADA third party consultant Joseph Allen obtains comments from the sponsors provided while other IADA-Accredited Dealers are also asked to provide comments on their experience with the applicant.