JOHN MEALEY TO HEAD NEWLY ESTABLISHED TRAVELERS AIRCRAFT FINANCE DIVISION
VANCOUVER, Oct. 15 /CNW/ - Travelers Financial Corporation today announced the formation of Travelers Aircraft Finance headed by industry specialist, John Mealey. Travelers Aircraft Finance provides financing to the General Aviation Sector in Canada, specializing in single purpose funding for certified new or used aircraft, generally for personal use, including single or multiple engine, turbine or piston, fixed or rotary winged aircraft.
"Travelers recognized that the General Aviation sector in Canada has been underserved," said Roberto Cortese, Chief Operating Officer for Travelers. "We are excited to have John Mealey lead our newly established Aircraft Finance division as Vice President. John brings a wealth of knowledge and an in depth understanding of the industry, having worked with Textron Financial and most recently LiftCapital Corporation." Mealey added, "I welcome the opportunity to work with Travelers to meet the unique needs of both vendors and end users in the Canadian General Aviation industry. Travelers has earned its reputation for professionalism and a high calibre of support and together with the Travelers team, Travelers Aircraft Finance is positioned to deliver flexible, transparent funding programs to enhance and promote the passion for small aircraft ownership and flight in Canada."
About Travelers Financial Corporation: Travelers is one of the largest independent equipment finance companies in Canada. Travelers offers a wide range of competitive asset based financing solutions to commercial and industrial sectors including transportation, mining, gas and oil, agriculture, manufacturing, construction and government infrastructure, as well as specialized renewable energy project financing, automobile and aircraft finance. Travelers meets the need for uniquely structured leasing solutions for Canadian operations to gain the competitive edge they seek. Travelers' access to capital, informed management, and seasoned team of professional advisors in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario have made Travelers a respected source of funding for the individualized needs of both resellers and end users in the private and public sectors. For more information about Travelers, visit www.travelersfinancial.com
For further information: For further information: John Mealey, Vice President, Travelers Aircraft Finance, [email protected], 416 706 4331
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