Seabury Group, an advisory and professional services firm, announced a number of executive promotions within its aviation consulting and corporate finance groups, which aim to leverage Seabury’s global brand, core competencies and industry expertise to continue to expand its worldwide customer base across the aviation industry.

Stephan Krastev has been promoted to executive director of Seabury Merchant Banking. Since joining Seabury in 2002, Krastev has structured and executed a broad range of transactions, including capital raising, M&A advisory (buy- and sell-side) and in- and out-of-court turnarounds. Krastev is currently involved in a number of capital raising processes for Seabury’s proprietary aviation asset management initiatives.

Neal Wesson has been promoted to senior vice president of Seabury Structured Finance. Since joining Seabury in 2007, Wesson has worked on a wide range of transactions consisting of arranging and structuring debt, lease and private placement financings for commercial and business aircraft, engines and parts, in- and out-of-court restructurings and aircraft remarketing.

“Both Stephan and Neal are excellent examples of Seabury experts who continue to leverage our global brand, core competencies and industry expertise to provide the much-needed solutions to our growing customer base both in the leasing and airline sectors, as well as develop and launch new business initiatives,” commented Patrick Henry Dowling, president and CEO of Seabury Corporate Finance.

In addition, Alexis Fekete has been appointed executive director of Seabury Corporate Advisory and Aviation Investment Banking. Since joining Seabury in 2010, Fekete has been instrumental in serving the company’s aviation and aerospace clients across the globe, providing specialized expertise in M&A, financial restructuring, capital and debt raising, aircraft financing, and airline and lessor due diligence. Most recently, Fekete has been a senior advisor on the following engagements: TAP Portugal privatization buy-side and debt restructuring advisory, as well as Monarch Airlines and Air Nostrum debt restructuring and capital raises.

Michael B. Cox, vice chairman, Seabury Advisory Group, and global head of Corporate Advisory Services, commented: “Alexis has been with Seabury for six years and has been instrumental in serving our clients across the globe. He is a member of our industry-leading team that advised numerous airline clients on a variety of projects, including airline M&A, corporate finance, and airline restructuring.”