Jay Jarquin
Carson City, NV (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Aircraft Acquisition & Financing
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Startup
Location:
Carson City
Industry:
Wholesale
Year Founded:
2007
Number Employees:
1-10 people
Description:
The request for $5,000,000.00 (Five Million USD) will be utilized as follows:
• $2,830,000.00 (Two Million Eight Hundred Thirty Thousand USD) so Aircraft Acquisition & Financing Inc. (AA&F Inc.). Can purchase Hanger 52. The facility included two large aircraft hangars totaling more than 240,000 square feet of space, more than 65,000 square feet of support shops and office space. In addition, there were also associated taxiways and ramp space for aircraft parking. The location would accommodate work on as many as four DC-10s at a time. Along with the Aircraft Storage Area of 220 commercial Aircraft which is also yielding a profit. Rates range from $25,000.00 to $32,000.00 per year for narrow bodies, and $35,000.00 to $38,000.00 for wide bodies. Plus fees for additional services on aircraft to aircraft bases leaving a potential of well over $8,000,000.00 in profit from storage alone. We have current commitment from a Bank with several aircraft that must be stored and two major carriers as well as the existing client already there. Purchased Assets, the physical components of all portions of the Purchased Assets associated with the Part 145 Repair Station Certificate currently held by Seller.
• $2,170,000.00 (Two Million One Hundred Seventy Thousand USD) Renovation and updating of Hanger 52.