Michael Amalfitano, corporate aircraft finance executive at Bank of America, said: At Bank of America, we are constantly looking for ways to make it easier for our clients to purchase aircraft. This agreement with ExcelAire, which has developed a reputation as a leader in providing aircraft management services, means we can offer better transaction terms to our shared clients because of our confidence in the expertise of ExcelAire.

Bob Sherry, CEO of ExcelAire, added: The financing options that Bank of America offers potential clients, in conjunction with our charter revenue programs, make ExcelAire the right choice for those considering the purchase of a private jet.