planesworth™ Joins National Aircraft Finance Association

FOR IMMEDIATE RELEASE

EDGEWATER, Md. – Feb. 11, 2019 -  National Aircraft Finance Association (NAFA) is pleased to announce that planesworth™ has recently joined its professional network of aviation lenders. “NAFA members proudly finance - support or enable the financing of - general and business aviation aircraft throughout the world, and we’re happy to add planesworth™ to our association,” said Ford von Weise, President of NAFA.

The company focuses on adding value to UNHW individuals, wealth managers, investment bankers and their tax advisors through asset valuation, acquisition and equipment finance processes. The company also aids aircraft owner-operators, managers and brokers with services such as USPAP appraisal, market insight (market or fleet evaluations), diminution of value, expert witness testimony, brokerage and aircraft management consulting.

Led by founder, Stephen J. Coo­nan, Sr., planesworth™ has built up a strong acumen and affinity to the aviation industry with over $25B worth of evaluated corporate aircraft. Mr. Coonan, Sr. spe­cial­izes in air­craft val­u­a­tion and acqui­si­tion. He spent 17 Years as a Senior Air­craft Appraiser of the National Air­craft Appraiser’s Asso­ci­a­tion and is transitioning to the American Society of Appraisers (ASA). He is com­pli­ant with the Uni­form Stan­dards of Pro­fes­sional Appraisal Prac­tices (USPAP). His range of air­craft appraisal expe­ri­ence includes Boe­ing Busi­ness Jets, Gulf­streams, Lear­jets, Chal­lengers, Hawk­ers, Fal­cons and Cita­tions. In the past twenty years, he has com­pleted over $25 bil­lion in air­craft valuations.

Accompanied by Stephen J. Coonan, Jr., “Junior”, with his expertise in assets and capital markets, planesworth™ is able to find and evaluate up-to-date market data, helping create insight for their clients. In the past three years the group has acted as agent for either the buyer or the seller in the acqui­si­tion of sev­eral cor­po­rate air­craft, val­ued at over $100 mil­lion. Their port­fo­lio includes the pri­vate wealth man­age­ment clients of sev­eral For­tune 50 banks and cor­po­ra­tions, includ­ing Citibank, Mer­rill Lynch, Gold­man Sachs, Wells Fargo and Deutsche Bank.

Much like NAFA, planesworth™ provides a high level of knowledge and experience to help their clients make smart and informed decisions. planesworth™ and NAFAare dedicated to advancing the aviation industry as a whole byfosteringthe education and communication necessary for safe and timely appraisals and transactions. 

For more information about planesworth™, visit www.planesworth.com. 

About NAFA: 

The National Aircraft Finance Association (NAFA) is a non-profit corporation dedicated to promoting the general welfare of individuals and organizations providing aircraft financing and loans secured by aircraft; to improving the industry's service to the public; and to providing our members with a forum for education and the sharing of information and knowledge to encourage the financing, leasing and insuring of general aviation aircraft. For more information about NAFA, visit www.NAFA.aero.