The President’s Corner: October 2014

by Robert Howe | Oct 1, 2014 | The President's Corner

“Welcome to the updated Dorr Aviation website! We have needed a face lift for some time now.  We wanted the new look to reflect not only an evolving market, but also our core beliefs and CEO & Founder, Mel Dorr’s love of aviation.  It was this passion for aviation that drove Mel into this business as a teenager in the 1950’s.Mel started flying for the “Nantucket Flying Service” as a charter pilot at the age of 17. After graduating from Brown University, Mel was commissioned an officer in the Air Force and was stationed in Montana at an early warning radar station. During his time in Montana he bought and sold aircraft across the country. Upon his retirement from the service, Mel came home and opened “Dorr Aviation” at the Marlboro Airport in Massachusetts. Mel continued to buy and sell used aircraft and along the way became a Cessna, Piper and Bellanca dealer. In 1963, through an affiliation with the Framingham Trust Company, Mel set up the financing for a client’s purchase and started financing the sales of his aircraft. In 1973, with Framingham Trust’s profitable and growing portfolio of aircraft paper, Mel started financing other aircraft dealers’ sales as well. In 1983, Mel stopped selling aircraft and Dorr Aviation became strictly an aircraft finance company.

In 1988, I joined Dorr Aviation as a loan officer and we grew from a single office at the Marlboro Airport (9B1), to offices in Texas, Minnesota, South Carolina, California, Florida and eventually we built our current office space in Oxford, Massachusetts. With the crash of 2008-2009, we down-sized to stay ahead of the power curve and survive as an organization in the tumultuous market. Currently we operate out of a single location in Oxford with a lean crew of 5 aviation professionals.

Over the years, Dorr Aviation has originated well over 10,000 aircraft loans in 49 states. We have financed Cubs, King Airs and Citations. All of our loans are closed through bonded escrow agents to ensure that there are no title or paperwork glitches so you can be confident that at the end of the day, the aircraft is properly documented and registered. We concentrate not only on fine customer service, but aggressive pricing and terms.

Take a look around our new website. We hope you enjoy it and come back to it often for updates and news. We look forward to a bright future in General Aviation and continuing to work with pilots to make their airplane ownership dreams a reality. We hope our passion for aviation is reflected in every communication you have with us, after all it’s the backbone of the 50 year history of Dorr Aviation. If you have any questions, please give us a call and find out why we continue to be the most experienced and most trusted name in aircraft financing.”