Post published:19/10/2023
Post category:Latest Member News
Reading time:5 mins read

Danbury, CT – October 16, 2023 – Global Jet Capital, a global leader in financial solutions for business aircraft, announced a strategic partnership with Azzera, an innovative provider of carbon offsetting and compliance solutions for business aviation. The partnership is purposed to bolster the company’s commitment to sustainability.

Global Jet Capital has teamed up with Azzera to design a multi-pronged approach to its sustainability platform, which includes conducting a comprehensive annual audit to assess scope 1 and 2 direct emissions. Global Jet Capital intends to compensate for its scope 1 and 2 emissions by purchasing a carefully curated portfolio of high-quality carbon offsetting projects identified by Azzera in adherence with the Oxford Principles for Offsetting. The Oxford Principles are designed to help ensure that carbon offsetting projects have been validated for their contribution toward achieving net zero.

Additionally, the partnership will extend to supporting the company’s ongoing CleanFlight program which was originally launched in 2020.The collaboration with Azzera will allow Global Jet Capital to continue offering its clients a flexible and seamless pathway to measure and compensate the greenhouse gas emissions related to their business aircraft. Through the partnership, clients will gain access to a diverse portfolio of regionally based carbon credit projects. These projects will allow Global Jet Capital’s clients to align their offsetting efforts with their unique needs and sustainability goals. Clients will also enjoy access to compliance management solutions, including a specialized CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) specific portfolio which ensures adherence to CORSIA requirements.

Vivek Kaushal, CEO of Global Jet Capital, stated, “We believe Azzera is an ideal sustainability partner for us. With their deep industry experience and strong ties to the business aviation sector, coupled with their strategic presence in both North America and Europe, Azzera is uniquely positioned to support our global client base in achieving their sustainability goals.

“Our collaboration with Global Jet Capital merges their financial expertise with our innovative sustainability solutions. Together, we’re not only providing answers for Global Jet Capital’s clients but also nurturing a culture of responsibility and foresight. We are delighted to be partnering with such a pioneering company in business aviation” added Azzera CEO Puja Mahajan.

For more information about this new partnership or the CleanFlight Program, contact Aimee Talbert Nardini: atalbertnardini@globaljetcapital.com.

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Notes to editors

Global Jet Capital

With more than $3.5 billion in originations, Global Jet Capital provides financing solutions for the business aircraft market. The Global Jet Capital management team has served the business aircraft industry for a combined 250-plus years and has completed thousands of aircraft transactions. The Company has the expertise, financial strength, industry relationships and infrastructure necessary to offer a variety of flexible financing solutions at the speed the market requires. Visit www.globaljetcapital.com to learn more.

Azzera

Azzera is an innovative provider of Net Zero transition solutions. The company was founded on the belief that investing in protecting our environment should be simple. Azzera’s mission is to make managing and mitigating emissions through accessing carbon markets and sustainable aviation fuel an effortless experience. To further facilitate aviation’s journey to Net Zero, Azzera has introduced Azzera CELESTE, a first of its kind solution for emissions measurement and compliance management. Using this groundbreaking solution, aircraft operators can address the challenge of emission management in a singular platform including: data validation, compliance market segregation, automated compliance reporting, and direct access to purchasing compliance credits and SAFc. For more information, please visit www.azzera.com.

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Inflite The Jet Centre Ltd.Penny Stephens, Director

BBGA is the main business and general aviation industry Association in the UK. It represents a wide range of services and operators. It’s contribution to fairly represent our interests with the regulators and government departments as well as other associations is absolutely essential. The various BBGA events throughout the year are a great opportunity for everyone to network and discuss the current industry affairs and issues BBGA’s ability to bring together all sectors of UK general and business aviation gives us enviable networking access. Nobody has the ear of the regulator like BBGA and that’s two-way thing; BBGA is not just able to elicit answers from EASA, the CAA and DfT, its advice and recommendations are sought both nationally and supra-nationally too. That makes membership a vital way to influence upcoming policy.

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Paul Cremer

My name is Paul Cremer, and this marks my 42nd year working within the business and general aviation industry. Over this time, I’ve had the privilege of overseeing a diverse array of sector activities, ranging from aircraft charter and management to air ambulance services, ground operations, air traffic control, airport management, technology implementation, and the outsourcing services I currently manage.

In my role focused on delivering advisory, technology, and outsourcing services to aviation customers, I handle a wide spectrum of responsibilities. This includes overseeing International Trip Support, Operations Control Centre Services (OCC), Continuing Airworthiness Management Service (CAMO), Airworthiness Reviews, ARC Services, Aircraft Delivery and Re-delivery Support Services, Maintenance Coordination Services including AOG, Tech Ops (Maintenance Control Centre), and managing myairops software products. As the Head of Aviation Delivery, I lead the customer-facing delivery of Technology & Outsourcing products and services for the market, drawing upon a wealth of knowledge, expertise, and industry connections within Gama Aviation’s Technology and Outsourcing Strategic Business Unit.

My journey into Business and General Aviation began during my teenage years while still in school. I was fortunate enough to be welcomed into the industry, starting at a flying club, and later working at the Air Traffic Services Unit at Blackbushe Airport. There, I maintained the ATC Movement Logs in the Control Tower during weekends, solidifying my passion for aviation. Upon completing my schooling, I seized opportunities at Fairoaks Airport, where I began as Ground Crew while pursuing my Aerodrome Flight Information Service Officer’s license. Advancements in my career led me to the role of Air Traffic Services Manager.

Since joining Gama Aviation in 1996, I’ve held various positions, including Operations Manager (Post Holder), Operations & Commercial Manager, Commercial Manager, Operations Delivery Manager, Head of Business Aviation Delivery, and currently, Head of Aviation Delivery. This role encompasses Gama Aviation Group’s Gama Aviation, myairops, and FlyerTech companies.

In 2023, I was honoured to be invited to serve as the Chair of the Operations Working Group for the British Business & General Aviation Association. This opportunity allows me to contribute to industry initiatives within BBGA’s membership of nearly 200 industry companies, focusing on challenges such as regulatory compliance, Air Services Agreements, technological advancements, workforce development, operational matters, and sustainability.

Marc Bailey

Marc Bailey has spent his entire career in aviation and has worked in most areas of Aviation Services with scheduled airlines, MRO’s, military contract support and latterly with associations, government, and its agencies.

Marc represents your position in Europe (even post Brexit) – as President of ECOGAS (European Council of General Aviation Support) which maintains a voice with EASA. All the major member states are represented on the ECOGAS board. With EASA restructuring its meetings with industry, ECOGAS is now well positioned to represent our position in all areas following industry partnerships with the European Independent Maintenance Group and with ARPAS the new drone and autonomous association.

Marc is chair of the UKASF (United Kingdom Airworthiness Strategic Forum) as part of an initiative to develop Aviation Services across all aviation activities. The UKASF pulls together airlines, MROs, Rotary, Drones, and commercial GA bodies to work with CAA and DfT. The objective is for industry to take the lead to drive strategic issues to benefit all parties. We are well positioned after four years to continue our good work and with the re-established role of Chief Surveyor in the CAA we have a good focal point to do this.

Marc chairs the CAA Finance and Services Forum which allows industry in the UK to discuss in the financial plans for the CAA and the value for money delivered by those funds paid by industry. This is a new and valuable new platform for all parties.

Under recent developments Marc has formed an alliance with, ARPAS, AOPA, BHA and BBGA so that we can strengthen our voice under a joint ‘GA 4 Biz’ banner. This alliance is working to do everything possible to represent the industry’s business interests with UK government and to help realise the Government’s desire to make UK General Aviation a Global Leader in a post Brexit environment. GA4Biz – GA4Biz

The next Generation initiatives with industry and government have continued to develop with the retention platform now evolving into the “Aviation Skills Recruitment Platform”. The platform now not only offers a vehicle for those offering and seeking posts in aviation, it also provides pathways with its TalentView portion seeking to provide pathways for new entrants into our sector. The recruitment platform is being further developed to include training opportunities across a wide range of providers, from government agencies through academic bodies. Getting our next generation activities right in the UK over the next couple of years is our single most important issue which we in aviation must grab with both hands. Marc is playing a central role to help develop many of these channels.

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