Mon, Jan 19, 2015
Industry Veteran To Lead AerGen Leasing
AerGen Leasing (“AerGen”) is a new aircraft leasing company focused on providing leasing and asset management solutions for owners and operators of mid-life and late-life aircraft and engines.
AerGen Management Services is led by Chief Executive Officer Robert J. Genise, a long-time industry executive who previously served as CEO of both DAE Capital and Boullion Aviation Services. Genise said in a news release that he has assembled a highly experienced management team who bring longstanding relationships and technical expertise in the global aviation industry.
“We are excited to launch a new aircraft leasing company to serve the mid-life and end-of-life market. Our close relationships with later-life aircraft operators, and our understanding of their unique needs, will allow AerGen to provide airlines and lessors with full life-cycle solutions for their fleets,” said Mr. Genise.
AerGen’s aircraft leasing activities will be further supported by its recent acquisition of Avioserv, an established aircraft engine parts management company based in San Diego. Avioserv specializes in the sale, lease and trading of engine parts, engine components and whole engines to airlines, repair facilities and parts distributors.
AerGen has raised an initial $200 million of committed equity capital from a group of financial and strategic investors led by Greenbriar Equity Group LLC.
“The investor group is proud to support Bob Genise and his world-class team in the launch of AerGen,” said Noah Roy, Managing Partner of Greenbriar. “The AerGen team has proven capabilities and a differentiated strategy to serve this important market segment.”
(Image provided by AerGen Leasing)
More News
Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]
"It is extremely difficult, if not impossible, for manned aircraft to see a drone while conducting crop-enhancing and other aerial applications at low altitudes and high speeds. We>[...]
Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]
“The T-54A benefits from an active Beechcraft King Air assembly line in Wichita, Kansas, where all required METS avionics and interior modifications are installed on the line>[...]
Aero Linx: Aerostar Owners Association The Association offers the Aerostar Owner a unique opportunity to tap an invaluable source of information concerning the care and feeding of >[...]