Bank of America Aligns With Atlantic Aviation Flight Services
Posted on: Tuesday, 17 October 2006, 12:00 CDT
ORLANDO, Fla., Oct. 17 /PRNewswire/ -- Bank of America and Atlantic Aviation Flight Services, a wholly-owned subsidiary of Sentient Jet, Inc., today announced the establishment of a cross referral and joint marketing program between the two companies. This program will benefit clients who finance their aircraft through Bank of America and take advantage of the business aircraft management services of Atlantic Aviation Flight Services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )
The announcement was made at the 59th annual National Business Aviation Association convention here. Under the program, clients who have signed on with Atlantic Aviation Flight Services will receive enhanced economics in their financing terms from Bank of America. In addition, clients who select Atlantic Aviation Flight Services to manage their jets will have the opportunity to generate sustainable charter revenue through Atlantic Aviation Flight Services' primary relationship with the Sentient Jet Membership program - the largest aggregator of charter demand in the U.S.
"Bank of America is pleased to work with Atlantic Aviation Flight Services to make it easier for our clients to purchase and secure financing for their aircraft purchases," said Michael Amalfitano, Corporate Aircraft Finance executive at Bank of America. "Atlantic Aviation Flight Services has developed a reputation as a leader in providing aircraft management services, and our confidence in their service means we can offer better terms to our shared clients."
"Over the course of the last year, we have invested significantly to build an industry-leading operation at Atlantic Aviation Flight Services and we are proud to be associated with Bank of America, one of the leaders in the corporate aircraft market," said Tom Davis, President and Chief Executive Officer, Atlantic Aviation Flight Services. "The financing options that Bank of America offers potential clients, in conjunction with our charter revenue programs through Sentient Jet, make our combined product offering truly superior and will lead to significant new growth for our company."
About Atlantic Aviation Flight Services, Inc.
Atlantic Aviation Flight Services (AAFS) offers exceptional private jet charter, turn-key aircraft management, and sustainable charter revenue to its many clients in the United States and has been managing aircraft and offering FAR Part 135 air charter operations for 38 years. Headquartered in New Jersey, with satellite offices strategically based across the country, AAFS has earned the highest rating from both of the industry's safety authorities - ARG/US Platinum and Wyvern. The company manages and operates a variety of quality jets including Gulfstream, Falcon, Challenger, Hawker, Beechjet, Learjet, and Citation products. AAFS is committed to providing superior service and value by representing the best interests of its clients and upholding the highest levels of safety, quality and integrity. Atlantic Aviation Flight Services is a wholly-owned subsidiary of Sentient Jet, Inc. the largest aggregator of charter demand in the U.S. More information is available at http://www.atlanticflight.com/.
About Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research. Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Many of the bank's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. For additional information, visit http://www.bankofamerica.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-bAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com
Bank of America
CONTACT: Will Wilson of Bank of America, +1-704-388-3360, orwill.wilson@bankofamerica.com; or John Hartz of Atlantic Aviation FlightServices, +1-212-446-1872, or jhartz@sloanepr.com
Web site: http://www.bankofamerica.com/http://www.atlanticflight.com/
Source: PRNewswire
Related Articles
- American Airlines 'Eco-Friendly' Test on Trans-Atlantic Flight to Prove Fuel, Carbon Savings Benefits of NextGen Technology
- Miley Cyrus and Youth Service America Join Forces to Ask Kids to Change the World
- Industry Retail Group Marks Two Years of Managed Network Services for JoS. A. Bank Clothiers
- Find Out Which Aircraft Charter Companies Are Best To Do Business With
- Stratus Alliance Aircraft Charter Network Launches in Texas
- Panda Security Launches Antifraud Service for Mobile Banking
- Virgin America to Launch Inaugural Flights
- Boeing, JAL Sign Aircraft Parts Management Deal
- NEC America's Optical Network Systems Division Announces New General Manager
- Arvest Bank Selects Asentinel for Telecom Expense Management
 |
 |
User Comments (0)
RSS Feeds