Hanneke Weitering is a writer and editor with AIN covering advanced air mobility and new flight technologies. She became an aviation journalist and joined the AIN team in the summer of 2022 after reporting on spaceflight and astronomy for six years at Space.com. After earning a bachelor’s degree in physics from the University of Tennessee, Knoxville, she moved to New York City to pursue a master’s degree in science, health, and environmental reporting at New York University&#039;s Arthur L. Carter Journalism Institute. She is now based in Seattle near Boeing Field and spends her free time exploring nature in the Pacific Northwest.

Science & Technology Editor

Hanneke Weitering

AeroVentures, a new investment firm led by former <a href="https://www.ainonline.com/aviation-news/business-aviation/2022-06-16/vista-finalizes-jet-edge-acquisition">Jet Edge</a> CEO Bill Papariella, aims to foster growth and innovation in the private aviation industry through strategic financial investments.
The company officially announced its launch this week at NBAA-BACE 2023 and revealed its first partnership on Monday. AeroVentures entered into a “strategic sales alliance” with <a href="https://www.ainonline.com/aviation-news/business-aviation/2023-10-15/jetcraft-allies-aeroventures">Jetcraft</a>, a business aircraft brokerage and consultancy firm with 25 offices around the world. As part of the deal, AeroVentures provided Jetcraft with a $100 million credit facility, and Jetcraft will be AeroVentures’ exclusive trading partner.
Papariella told AIN that his family-run business will provide direct credit lines and investments for small- to medium-sized private aviation companies that are either looking to expand or to introduce innovative technologies. In particular, AeroVentures will target mid-market companies with an EBITDA of less than $50 million.
On the venture capital side, Papariella said he would like to invest in emerging companies that are focused on sustainability and cutting-edge technologies, such as artificial intelligence and advanced flight operating systems.&nbsp;On the sustainability front, he hopes to invest in infrastructure for sustainable aviation fuel.
Additionally, he aims to provide funding for infrastructure at airfields and aircraft storage facilities, MROs, retail aircraft brokerages, real estate developers, and just about any other aviation-related venture.
According to Papariella, high interest rates have caused a recent “dislocation in the market” for financing options, which makes it difficult for many businesses to raise money. “We would be one of the very few direct private aviation-focused lenders,” he said.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

AeroVentures Launches Investment Fund for Private Aviation

Funds available for innovative and expanding companies

AeroVentures, a new investment firm led by Bill Papariella, aims to foster growth and innovation in the private aviation industry through strategic investments.

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

UK group says it will complete Valo eVTOL’s critical design review this year 

Vertical Extends Cash Runway with Fresh eVTOL Funding 

Amy Wilder

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Buyers urged to seek guidance, consider financing before finding an aircraft

IADA Panel: Financing Has Evolved Beyond a Buying Tool

Howard Hardee

News and issues relating to civil and military unmanned aircraft systems (UAS), unmanned aerial vehicles (UAVs) and remotely piloted aircraft systems (RPAS) of all kinds and sizes, including those used for intelligence, surveillance and reconnaissance (ISR), combat (unmanned combat air vehicles, or UCAVs), law enforcement, research and other applications. Of particular focus is the FAA's planned integration of UAS into the U.S. national airspace system.

Boeing takes nearly 20% stake and a board seat in all-stock deal

Archer To Acquire Wisk, Insitu, and SkyGrid from Boeing

Curt Epstein

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

County changed its rules on time spent in California

L.A. County Tightens Tax Rules on Out-of-state Aircraft

Overall preowned transactions rose 11.2% in second quarter

Preowned Heavy Jets Post Q2 Value Gains Amid Price Drop

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

NBAA-BACE 2023

More In Finance, Taxes, Insurance

Vertical Extends Cash Runway with Fresh eVTOL Funding

UK group says it will complete Valo eVTOL’s critical design review this year

IADA Panel: Financing Has Evolved Beyond a Buying Tool

Buyers urged to seek guidance, consider financing before finding an aircraft

Archer To Acquire Wisk, Insitu, and SkyGrid from Boeing

Boeing takes nearly 20% stake and a board seat in all-stock deal

L.A. County Tightens Tax Rules on Out-of-state Aircraft

County changed its rules on time spent in California

Preowned Heavy Jets Post Q2 Value Gains Amid Price Drop

Overall preowned transactions rose 11.2% in second quarter

Mixed Results Leave Wheels Up Striving for Net Profits

Private flight group's Signature members doubled in first half, topping 1,200

IADA Q2 Report Shows Tight Inventory, Strong Sales

Dealer confidence rating improves from year-ago quarter

Dassault 1H Revenue Nears €4.2B; Falcon Sales Rebound

Trappier cites renewed Asian interest in Falcon business jet market

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