Mon, Jan 18, 2016
Industry Veteran Dave Labrozzi Tapped As Chief Operating Officer
Global Jet Capital has announced that industry veteran Dave Labrozzi has joined the company as chief operating officer (COO).
Before retiring from GE in 2014, Labrozzi had spent 35 years with the company, having held roles with responsibility in sales, risk, business development and general management. Labrozzi spent 22 of his years with GE dedicated to corporate aviation, with the last 15 years leading the company’s financing activity in the sector as president of GE Capital, Corporate Aircraft.
In October, Global Jet Capital announced plans to purchase GE’s corporate aircraft lease and loan book in the Americas. This acquisition is now around 90% complete, with the aim of completing the remaining 10%, which consists of accounts in Mexico and Brazil, by the end of January 2016.
As COO at Global Jet Capital, Labrozzi will lead all new business sales origination and aircraft resale and releasing activities. He will also be ultimately responsible for areas including risk, underwriting, portfolio management and asset management.
With a lengthy track record in the sector, Labrozzi is highly respected as a leader in corporate aviation and has served on the NBAA Associate Member Advisory Council.
“Dave is a major addition to our senior leadership team and we are delighted he is joining at such an exciting time in our development," said Shawn Vick, Executive Director of Global Jet Capital. "We have completed the majority of our acquisition of GE’s fixed-wing Corporate Aircraft financing portfolio in the Americas, and having such a well-regarded and highly experienced industry figure within the business will help us drive our further growth.”
Labrozzi’s appointment is part of a strategic move by Global Jet Capital to add new talent in its key international markets. As well as expanding the team in the US, Global Jet Capital is in the process of adding origination professionals based in London, Hong Kong, Continental Europe and Dubai.
More News
Very High Frequency The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/ground voi>[...]
Aero Linx: Aviation Suppliers Association Established February 25, 1993, the Aviation Suppliers Association (ASA), based in Washington, D.C., is a not-for-profit association, repre>[...]
Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]
From 2021 (YouTube Version): Colorado Campus Offers aVariety Of Aerospace Entertainment And Education Wings over the Rockies Exploration of Flight is the second location for the Wi>[...]
Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]
ANN's Daily Aero-Term (05.17.24): Very High Frequency
See All