EAA Aircraft Financing Program Brings Dream of Aircraft Ownership Within Reach for More Aviation Enthusiasts

 

EAA AVIATION CENTER, OSHKOSH, Wis. - (April 6, 2006) — EAA, the organization dedicated to enhancing its members' enjoyment of recreational aviation, today announced the addition of a member benefit to make the dream of aircraft ownership more attainable. In partnership with AirFleet Capital, Inc., the EAA Aircraft Financing Program, the most comprehensive aircraft-loan offering in the industry, was unveiled at the Sun 'n Fun Fly-in at Lakeland, Fla., today.

"This revolutionary new member benefit can substantially reduce EAA members' concerns about aircraft affordability and payment options - the two factors that most commonly deter people who love aviation from their ambition to fly their own airplane," said EAA President Tom Poberezny.

"EAA is all about helping people get the most out of their passion for, and desire to participate in, aviation. By providing highly competitive rates and terms for the purchase of a variety of aircraft, this benefit perfectly aligns with our mission."

According to AirFleet Capital, the firm's collaboration with EAA has resulted in a unique set of offerings. "Acquiring aircraft financing has become much simpler for EAA members," said AirFleet Capital President Steve Smestad. "We offer a one-stop-shopping solution by providing not only the industry's best financing terms on a wide array of aircraft, but also superior, personalized service. With our breadth of offerings for both type-certificated and experimental aircraft alike, we can tailor financing to be as unique as EAA's diverse members," Smestad said.

Catering to the needs of both individuals and businesses, AirFleet Capital provides financing for new and used amateur-builts, type-certificated single and twin pistons, turboprops, jets, and helicopters. This includes financing for light-sport aircraft, the new category that has cut the cost of a new, factory-built airplane in half.

"Coupling the lower cost of light-sport aircraft with the financing terms under this new benefit opens up exciting opportunities for prospective buyers who previously thought they were priced out of the market for a new airplane," Poberezny said. "This combination represents one of the most significant strides in promoting access to recreational aviation since EAA started the amateur-built movement more than 50 years ago."

To learn more about the EAA Aircraft Financing Program, call AirFleet Capital at 1-866-808-6040 or visit www.eaa.org.

EAA AIRVENTURE OSHKOSH is The World's Greatest Aviation Celebration and EAA's yearly membership convention. EAA members receive lowest prices on admission rates. For more information on EAA and its programs, call 1-800-JOIN-EAA (1-800-564-6322) or visit www.eaa.org. EAA AirVenture information is also available through the World Wide Web at www.airventure.org.