Aircraft Engine Lease Finance, a provider of commercial aircraft leasing, finance and air transport solutions that also conducts business as AELF FlightService hired Alexander “AJ” Issenman as director of capital markets.
Issenman joined AELF from Seabury Capital, where he served as a director at Seabury Capital Management focusing on merchant banking and capital markets transactions across the aviation, aerospace and defense sectors within the firm’s merchant banking and capital markets group.
“We are grateful to add AJ to our team as we seek to broaden the reach of our leasing business,” Victoria Ricks, a manager at Aircraft Engine Lease Finance, said. “AJ’s background and experience make him a great addition to the strategic growth of our portfolio of leased aircraft.”
Aircraft Engine Lease Finance owns and leases a fleet of Airbus A330s, including a mix of high-density seating, dual-class seating and light cargo configurations. This year the company has begun expanding its investment in Boeing 737-800s.
“I’m eager to get into the market with all that AELF has to offer,” Issenman said. “The company’s unique capabilities, creative and nimble approach, offer a lot to airlines and other partners in the industry. I’m excited by all that can be achieved in this new role.”
Aircraft Engine Lease Finance said it will seek to put capital resources to work with the acquisition of aircraft subject to lease.
“For several years we have focused on acquiring dormant aircraft and sourcing new lessees. With AJ coming aboard, we’re expanding our focus and leveraging the experience of our team and board,” Ricks said.
“With significant available capital resources and comfort in acquiring ‘stub leases’ or dormant aircraft, AELF is a perfect partner for fleet phase outs or the sale-leaseback of a specific aircraft type from an airline’s fleet plan,” Issenman said.
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