Business Aircraft Leasing, Inc.

Business Aircraft Leasing, Inc. was established and incorporated in 1981 for the purpose of filling a gap in the executive aircraft brokerage business by specializing in aircraft leasing. At that time, there were significant numbers of aircraft operators for whom leasing was more economically attractive than conventional sales and financing methods. Business Aircraft Leasing, Inc.'s aim was to secure high quality short and long-term leases for these operators.

To accomplish this goal, Business Aircraft Leasing, Inc. diligently searched the corporate aircraft market and institutional marketplaces. This more time consuming approach of serving the same client's changing needs was chosen over the "arranging a single transaction and never being heard from again," approach. The strategy of working with the same clients time and again led to the creation of more complex leasing arrangements. As the client base grew, a significant number of aircraft sales grew as well.