Global Jet Capital appointed Shawn Vick CEO, responsible for the overall strategy and direction of the company.
With more than 30 years of experience in corporate aviation, Vick has been closely involved in the development of Global Jet Capital since its launch in 2014. A partner at AE Industrial Partners (AEI) and one of the company’s investors, Vick had previously been an executive director and the chairman of the executive committee at Global Jet Capital.
Vick will remain a partner at AEI, which is focused on investing for long term growth in the commercial aerospace, business aviation and power generation sectors. AEI closed its first fund dedicated to aerospace and related industry segments with $680 million in equity commitments, as well as raising an additional $200 million for its co-investment vehicles, including Global Jet Capital
This appointment follows the successful acquisition of the GE portfolio of more than 300 aircraft valued at approximately $2.5 billion.
Vick previously held senior leadership positions at Gulfstream Aerospace, Bombardier Aerospace, British Aerospace, Hawker Beechcraft and Landmark Aviation.
With $2.5 billion in assets under management and the additional current committed capacity to lend $1 billion, Global Jet Capital provides financing solutions for the private aircraft market.
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