Superyacht and jet market is looking stronger

Thursday 28th October 2010, 2:30PM BST.

The 174ft super yacht Kokomo on a visit to the island.

THE market for business jets and super-yachts is recovering, an asset finance seminar audience has heard.

As a result, Lombard is calling on offshore trustees and financial intermediaries in Guernsey to recognise how yacht and aviation asset finance can add value to underlying clients.

In response to the demand it is experiencing from customers, it has established a dedicated team of six marine and aviation specialists to work in the four key markets of Guernsey, Jersey, the Isle of Man and Gibraltar.

At the seminar, held by RBS International, Lombard’s head of business development Nathan Paterson highlighted the positive benefits that collaboration between financiers and trustees can bring to high net worth clients.