AVi8 Air Capital was formed by Ray Sisson and Ed Wegel to become the next major aircraft leasing platform. With the consolidation trend among the major leasing companies, we have determined the need and the opportunity for a new leasing company that can take advantage of the current aircraft finance/ airline order position environment as well as the ability to provide good solid risk adjusted current returns to investors.
AVi8 will invest, both strategically and opportunistically, in commodity narrowbody and widebody aircraft, with good geographic and credit diversity.
AVi8 will be a partner for (a) manufacturers by identifying and supporting new airline customers' fleet growth, (b) airlines by financially supporting their aircraft acquisitions and dispositions to optimize fleet efficiency, and (c) other lessors by acquiring portfolios of on-lease aircraft thereby enabling them to manage exposure, portfolio age, and geographic/credit/asset exposures.
The Founders are recruiting a very highly experienced team to manage the company, initially outsourcing many of the back office functions required by leasing companies until scale is reached.
Raymond C. Sisson
Chairman & CEO
Ray Sisson is a Co-Founder, Chairman and CEO at AVi8 Air Capital. He is also a member of the Board of Advisors for the transport investments of Hudson Structured Capital Management. Mr. Sisson was formerly President and Chief Executive Officer of AWAS from 2010-2016. At the time of Mr. Sisson’s departure, AWAS was a leading, global aviation leasing company with a fleet of over 300 aircraft worth over $12.5 billion, serving over 110 airlines in 49 countries. Mr. Sisson served in several leadership positions at GE Capital Aviation Services (GECAS) from 1995-2008 including SVP and General Manager for the Middle East, Africa and Russia region. He also has served as President & CEO of Titan Aviation Leasing and as Chief Commercial Officer of SR Technics. Mr. Sisson started his career in New York as a corporate lawyer specializing in aircraft finance. Mr. Sisson holds an MBA from the University of Chicago, a law degree from Georgetown University Law Center, and a BA in Economics from Bucknell University.
Ed Wegel is a Co-Founder and the President of AVi8 Air Capital and has over 30 years of experience in the airline industry, investment banking and aviation finance. He has been the architect of several major aircraft purchase orders with Boeing, Embraer and Mitsubishi Aircraft. Mr. Wegel joined AVi8 Air Capital from Eastern Air Lines Group where he was founder and served as its President and CEO. Under his direction Eastern grew to a fleet of six modern 737-800 aircraft within months. He also led negotiations leading to the orders for 10 new Boeing 737 MAX aircraft and 20 new Mitsubishi MRJ-90 aircraft. Prior to Eastern, Mr. Wegel was President, CEO and a Director of Chautauqua Airlines/U.S. Airways Express. While at Chautauqua, he originated an order, and structured and raised the equity, for the acquisition of 80 Embraer aircraft. Mr. Wegel also served as President, COO and a Director of BWIA International Airways and was a co-founder and member of the board of directors of Atlantic Coast Airlines (United Express).
Mr. Wegel began his career in investment banking and was a Vice President in the investment banking/restructuring division of Lehman Brothers where he worked on several major airline restructurings and ran Lehman's portfolio of 75 commercial jet aircraft. Mr. Wegel graduated from the United States Military Academy, West Point and received his MBA in Finance from the University of Northern Colorado.
Chief Investment Officer
Steven Tingey’s career has focused on the transportation and energy generation-distribution sectors, with an emphasis on large ticket and cross-border leasing. Prior to joining AVi8, he served as Chief Investment Officer for SKY Leasing, focused on the capital raise with the Public Sector Pension Investment Board (PSP) and establishment of the headquarters office in Dublin, Ireland. Prior to SKY he worked in the portfolio management and trading areas of AWAS in Dublin, an aircraft leasing company backed by the private equity firm Terra Firma and the Canada Pension Plan Investment Board (CPPIB). Steven was also a managing director at Bank of America Leasing Ireland and acted as portfolio manager for the bank’s international aviation portfolio of over 700 aircraft. His responsibilities included serving as a marketing officer in the bank’s U.S. operations, covering origination, trading and restructuring activities for the transportation and energy leasing segments, which compromised a significant part of the overall $38 billion international lease portfolio. Steven holds a B.S. from University of Oregon and is a CFA charter holder.
Chief Financial Officer
Raquel Brinkman was appointed Chief Financial Officer of AVi8 Air Capital in February of 2017. She is a tenured finance executive with over a decade of experience and leadership in the aviation finance business.
Ms. Brinkman was formerly President at Triton Aviation where she led oversight of company finances, approved all aircraft leases and sales, as well as managed investor and ratings agency relationships. She joined Triton in 2001 as VP Finance and Accounting. Prior to Triton, Ms. Brinkman was Director of Accounting at a major Internet company. Raquel began her career as an Auditor in the San Francisco offices of Deloitte.
Ms. Brinkman holds an MBA from The Wharton School, a BS in Accounting from California State University and a CPA from the state of California.
AVi8 Air Capital
600 Brickell Avenue, 19th Floor
Miami, FL 33131
Dublin Headquarters Office Opening Soon!