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The first online marketplace connecting buyers of business and general aviation aircraft with specialist aviation financiers has been launched by the US asset management company AirFinance. FlyFunder is designed to make financing business and GA aircra
stanley website ft and helicopters as simple and accesssible as possible, says the initiatives co-founder and investor, Paul Sykes.He describes the website as an intuitive, closed-network marketplace for those seeking finance for aircraft to confidentially announce lending opportunities to the global financing community . Once a funding request is submitted, financiers can make contact with the buyer, who will then discover an array of aircraft funding options , says Sykes, who is also senior manager with AirFinance.Sykes expects FlyFunder to fill what he calls a communication and connection void between specialist aviation financiers, aircraft buyers, manufacturers 鈥?who are often reliant on financing to make their sale 鈥?and brokers seeking to sell used aircraft. FlyFunder is disruptive technology for the business and GA aircraft market, Sykes claims. Travelocity, Expedia and Priceline helped the airline industry treble passenger revenue miles in five years. Uber and AirBnB have had a similar impact in their core industries. We expect FlyFunder to revolutionise the business and GA finance market in the same way. The opportunity is significant. Sykes
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A version of this article was originally published in The Daily Brief, our Maine politics newsletter.聽Sign up here聽for daily news and insight fr
stanley travel mug om politics editor Michael Shepherd.There are five candidates running for mayor in Maine largest city after Councilor Pious Ali declared his candidacy聽this week. The at-large councilor joins two of his colleagues 鈥?Councilors Andrew Zarro and Mark Dion 鈥?in the race to replace the outgoing Mayor Kate Snyder, who was
stanley sverige elected in 2019 but has declined to run for a second term. Also running are former Councilor Justin Costa and political newcomer Dylan Pugh.Alis entry crowds the field and adds a progressive voice to the mix in a field that is now representing the citys emerging political spectrum.The context: A Ghana native, Ali has lived in Portland since 2002 and became o
stanley cup ne of the state first African-born officials when he went to the school board in 2013.Portland is an overwhelmingly Democratic city where the political divide is generally between those more connected with the business community and a class of more progressive activists. Dion was a liberal state lawmaker but falls closer to the first category in Portland, while Costa lies more toward the middle and Zarro is on his left. Ali is further to the left as a longtime ally of former Mayor Ethan Strimling. The councilor was one of the relatively few elected officials in the city who backed the mayor in his failed 2019 reelection race after Strimling warred with J
