The world of electric vertical takeoff and landing (eVTOL) aircraft is heating up, and veteran aircraft leasing executive Raymond Sisson is taking centre stage. Sisson's recent appointment as president of UrbanLink Air Mobility, a pioneering eVTOL operator, signals a major move towards leasing as a key driver in this burgeoning industry.
By Aditya M
A Seasoned Leader at the Helm
Sisson brings a wealth of experience to the table. With a 35-year career in aircraft leasing and airlines, he boasts an impressive track record. From growing AWAS (a prominent aircraft lessor) to impressive heights, to securing billions in funding for aviation ventures, Sisson's expertise is undeniable.
UrbanLink's Bold Move
UrbanLink's decision to establish an in-house leasing company under Sisson's leadership is a strategic one. Leasing offers several advantages for eVTOL operators. By acquiring eVTOLs through leasing rather than purchasing them outright, companies can conserve capital for other crucial areas like infrastructure and operations. Additionally, leasing provides flexibility, allowing operators to scale their fleets up or down as needed.
A Boon for the eVTOL Industry
Sisson's involvement in eVTOL leasing has the potential to be a game-changer for the industry. Here's why:
- Financing Solutions: Leasing can unlock funding for eVTOL companies, especially start-ups, that might struggle to secure traditional loans for these new technologies.
- Growth Acceleration: By making eVTOLs more accessible through leasing, UrbanLink paves the way for faster fleet expansion and wider adoption of this new mode of transportation.
- Global Reach: Sisson's proven ability to forge strong relationships could lead to the creation of a global eVTOL leasing network, facilitating international expansion for eVTOL operators.
The Future of Flight Takes Shape
The eVTOL revolution is underway, and Raymond Sisson's leadership in leasing could be a major catalyst. By making eVTOLs more accessible and financially viable, UrbanLink's leasing initiative has the potential to shape the future of urban air mobility. As the industry takes flight, Sisson's experience and vision are sure to play a pivotal role in its success.
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