Jetcraft Commercial announces new credit facility

Jetcraft Commercial, the commercial aircraft division of global aviation trading firm Jetcraft, has closed the deal on a new credit facility to support what the company describes as a ‘strategic growth strategy as it works with airlines across the globe to optimize their fleets’. The credit facility has been made possible by pan-African banking firm the Absa Group. “Establishing new lines of credit gives us additional opportunities to support our customers in their aircraft purchases and build on our recent successes,” highlighted Marc Meloche, managing director of aviation finance at Jetcraft Commercial, elaborating that deal volume has increased by more