NextGen GA Fund, LLC, Sponsors OSH14 Special Event Coverage

Mon, Jul 28, 2014

The NextGen GA Fund has been established to support the rollout of the US "NextGen" program, which enables updated air traffic information to both pilots and controllers.

There are more than 150,000 general aviation aircraft requiring access to controlled airspace, and NextGen cannot provide its promised benefits to the air traffic system unless these aircraft are participating with updated technology. The NextGen GA Fund is working exclusively on behalf of the GA community to enable these NextGen upgrades using financial incentives, including affordable financing programs and other assistance.

The NextGen GA Fund intends to finance NextGen equipment, related electrical systems, instrument panel modifications, antennas, wiring, and installation/certification costs under a single agreement.

Via the NextGen GA Fund, any aircraft owneran individual or businessis eligible for financing US-registered piston, turbine and experimental aircraft. This includes all types and ages of fixed-wing and rotary aircraft (Part 21.191, Part 23 and Part 27, Part 91 and Part 135)

It is recommended that aircraft owners work with their AEA-member repair stations to prepare fixed price quotations needed for financing application. To find an AEA-member repair station, please go to http://www.aea.net.

The NextGen GA Fund's capital is easy to apply for. Financing terms are attractive and highly competitive compared with conventional financing alternatives. Terms will vary for each applicant and are arrived at using commercially accepted consumer lending standards.

Pre-qualification for financing can occur within one day, and funds may be available usually within two days. All applications are held in strict confidence, and such information is never shared with third parties.

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NextGen GA Fund, LLC, Sponsors OSH14 Special Event Coverage