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Wells Fargo Bank Northwest isn't exactly a finance company, they're a trust company. There are a large number of aircraft with Wells Fargo Northwest registries because they are being held in an "aircraft trust" which is basically a mechanism to allow a non-US citizen to own an aircraft with a US registry number. Wells Fargo is technically the trustee, "administering" the aircraft in the interest of the actual owner (trustor). In most cases, all WF is actually doing is holding the registration; the real owner operates it.

[QUOTE="TomS, post: 271244, member: 1484"] Wells Fargo Bank Northwest isn't exactly a finance company, they're a trust company. There are a large number of aircraft with Wells Fargo Northwest registries because they are being held in an "aircraft trust" which is basically a mechanism to allow a non-US citizen to own an aircraft with a US registry number. Wells Fargo is technically the trustee, "administering" the aircraft in the interest of the actual owner (trustor). In most cases, all WF is actually doing is holding the registration; the real owner operates it. [/QUOTE]

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