FOR IMMEDIATE RELEASE: February 4, 2022
Contact: Tracey Cheek
tlc@nafa.aero
405-285-7005
AdviseAir Joins National Aircraft Finance Association
Edgewater, MD: National Aircraft Finance Association (NAFA) is pleased to announce that Tenafly, NJ -based AdviseAir has recently joined its professional network of aviation professionals under the leadership of Patti Ann Sullivan (founder and aviation financial advisor).
AdviseAir navigates the highly regulated and complex private jet industry on behalf of its clients, offering insightful analysis and fiscal oversight of whole aircraft ownership and various private travel solutions. AdviseAir designs a tailored Fiscal Flight Plan® to help private jet flyers and aircraft owners make informed financial decisions around their aviation asset acquisition and throughout the ownership lifecycle.
With 30+ years in the private aviation industry, AdviseAir has comprehensive knowledge and experience with the issues, service providers, and programs aircraft owners face. As the client representative, AdviseAir liaises with the vast array of aviation service providers delivering an unbiased approach to its clients' aviation asset cost of ownership management.
"NAFA members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world. We're excited to welcome AdviseAir to our growing organization as we celebrate our 50th anniversary," said Jim Blessing, president of NAFA.
Services:
Capital planning
· Feasibility study
· Travel needs analysis
· Budget design
· Service provider RFP and negotiations (aircraft management, fractional share, membership and JetCard programs)
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Financial management​
- Monthly audit of aircraft management operator statement
- Charter revenue management
- Fractional share and membership program financial management
- Aircraft use policy oversight and accounting
- Partnership accounting
About Patti Ann Sullivan:
Patti Ann Sullivan, founder of AdviseAir, approaches each client relationship knowing that every individual's situation is unique and requires a distinct approach. She draws upon 30+ years of private aviation experience rendering aircraft management and capital solutions for clients that range from high and ultra-high net worth individuals as well as mid-market to investment grade corporations. Patti Ann has managed over $5.5 billion in aviation assets throughout her career. She has worked with the National Aircraft Resale Association as an associate Member Board (now IADA), Board member of Massachusetts Business Aviation Association (MBAA) and Advisor to Corporate Angel Network (CAN). Patti holds a BA in Business with a minor in Finance from Boston University and is completing an MMBA in Aviation and Aerospace Management at Embry Riddle. She currently resides in the metropolitan NYC area.
About NAFA: The National Aircraft Finance Association (NAFA) is a professional association that has been promoting the general welfare of aircraft finance for 50 years. Our network of members is comprised of lenders and product service providers who work together to finance general and business aviation aircraft. NAFA sets the standard for best practices in aviation finance by educating its members with the most up-to-date industry trends and best practices. Government legislation, market influences, and industry insights allow member companies to provide the highest quality services the industry has to offer.