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AURA AERO and SGEF announce cooperation to propose financing solution for the INTEGRAL family

18/04/2024

AURA-AERO-FRIEDRICHSHAFEN1

At AERO Friedrichshafen, French aircraft manufacturer AURA AERO and Societe Generale Equipment Finance (SGEF), the international subsidiary of Société Générale group, announced a cooperation in the field of aircraft financing. 

In order to facilitate access to the INTEGRAL family, AURA AERO’s brand new two-seater aircraft designed for pilot training, aerobatics and leisure, SGEF will offer buyers financing at attractive interest rates.  Depending on the credit rating of the buyers, terms can extend beyond the seven-year period that is customary in the light aircraft sector today.

In a context where the need for new pilots is estimated around 300.000 in the next 15 years, the need for pilot aircraft will be more important than ever, and pilot schools will benefit from this agreement for the renewal of their fleets or the purchase of new aircraft.

In parallel, aviation clubs will be able to benefit from the latest generation of eco-efficient aircraft, less fuel-consuming and therefore less CO2 emission-emitting, contributing to the decarbonization of their activities.

SGEF is a partner with exceptional experience in general aviation projects. With this collaboration, we are making it easier for pilot schools and aviation clubs to decide in favor of INTEGRAL, our new generation two-seater aircraft,” said Drew McEwen, Chief Commercial Officer of AURA AERO

The decarbonization of aviation is a challenge that all stakeholders must face. As a member of the Societé Générale Group, we take this task very seriously and recognize how important it is for our customers. We are therefore delighted to be able to make our contribution through this collaboration, in particular by financing INTEGRAL E,” said Werner Slavik, Head of Aviation, SGEF.

INTEGRAL is a family of two-seater new generation aircraft, available in 3 versions: R for aerobatics and leisure, S for pilot training, and E for the electric version.

 

Visit us at AERO Friedrichshafen – Hall 7, Booth A7-301

 

About AURA AERO:
A pioneer in low-carbon aviation, AURA AERO is committed to serve mankind by designing and manufacturing aircraft that accelerate air transport decarbonization, by industrializing disruptive technologies resolutely focused on the aviation of tomorrow. Combining the best in the aeronautical industry and digital technologies, AURA AERO manufactures aircraft that offer unrivaled efficiency on the market of eco-efficient vehicles. 

Founded in 2018, AURA AERO is based at Toulouse-Francazal airport, France, and employs 250 people. In addition to its many shareholders, the manufacturer is supported by the Occitanie Region, the BPI (French Public Investment Bank) and venture capital firm Innovacom. Laureate of the France Relance and France 2030 programs, AURA AERO is a member of the steering committee of AZEA (Alliance for Zero Emission Aviation), a European Union initiative, and is one of the 16 founders-companies of the European Future Mobility Taskforce, launched in January 2024. 

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About Societe Generale Equipment Finance:
Societe Generale Equipment Finance (SGEF) is the international equipment and vendor finance specialist of Société Générale group. SGEF is a worldwide leading player and a key partner for manufacturers and vendors in Europe, Africa, Asia and the Americas. With 1,500* people I, its network and operating in more than 35 countries (including partnerships), SGEF managed outstandings of €25*bn and produced €10*bn in New Business Volumes thanks to its sound industry knowledge in the Transport, Industrial Equipment, Technology and Healthcare & Green Energy markets.

*at 31/12/2023 including Société Générale group leasing activities

Contact for the media:
Jacques Rocca (on site): +33 (0)6 07 91 03 29 – jacques.rocca.external@aura-aero.com
Caroline Brown – CB Relations Presse (at the office) : + 33 (0)6 22 08 86 23 – caroline.brown.rp@gmail.com