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
Option Approach An approach requested and conducted by a pilot which will result in either a touch-and-go, missed approach, low approach, stop-and-go, or full stop landing. Pilots >[...]
"Emirates is already the world's largest Boeing 777 operator, and we are expanding our commitment to the program today with additional orders for 65 Boeing 777-9s. This is a long-t>[...]
(Pilot) Reported That There Was A Sudden And Violent Vibration Throughout The Airplane That Lasted Several Seconds Analysis: The pilot was returning to his home airport at an altit>[...]
“This recognition was evident during the TBMOPA Annual Convention, where owners and operators clearly expressed their satisfaction with our focus on customer service, and enc>[...]
Overhead Maneuver A series of predetermined maneuvers prescribed for aircraft (often in formation) for entry into the visual flight rules (VFR) traffic pattern and to proceed to a >[...]
ANN's Daily Aero-Term (11.19.25): Option Approach
See All