56 new private jets could be delivered to Malta between now and 2025, summing up to a value of $2 billion.
This was written in a new analysis from Shearwater Aero Capital, a global corporate aviation finance specialist that has provided asset-based loans on aircraft worth over $100 million located around the world since its launch in 2014.
Managing Partner Chris Miller said that “Malta is an attractive market for business aviation finance companies like ours”.
The company’s analysis reveals that the country currently has a fleet of around 119 business jets, and 101 of these are classified as ‘heavy’ or large. Three of the jets are medium sized, and 15 are classified as ‘light’ – these represent some of the smallest aircraft models.
2018 was Shearwater’s strongest year yet accounting for 60% of the Company’s business since its launch in 2014. Last year, its average loan size was approximately $7 million. It has provided loans from $1.5 million to $15 million for a range of aircraft from a Hawker 400 XP to a Bombardier Global 5000 and financed clients from Asia, the Middle East, Africa and the USA.