3 May 2017, Danbury, CT
Global Jet Capital, a provider of financing solutions for private jets, has announced that its Chief Operating Officer, Dave Labrozzi, has been appointed to the board of the National Aircraft Finance Association (NAFA).
NAFA was founded over 46 years ago as a non-profit corporation dedicated to supporting individuals and organizations providing aircraft financing and to improving the industry's service to the public.
NAFA draws on expertise from across the industry with the aim of benefitting the entire sector and Dave Labrozzi will be able to provide insight from over three decades of experience in the finance industry, including previous positions on the boards of industry organizations. He says:
“I’m delighted to be joining the NAFA board and look forward to working with other board members from around the industry. At Global Jet Capital we believe that it is important for the key organizations in the sector to share knowledge where appropriate, in order to ensure that we are all doing everything we can to meet the needs of our clients.”
Prior to joining Global Jet Capital in 2015, Dave Labrozzi spent nearly 35 years with GE, including 15 years leading GE’s financing activity in the business aviation sector as president of GE Capital, Corporate Aircraft. He has also served on the NBAA Associate Member Advisory Council.
Global Jet Capital is capitalized by three global investment firms – GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners. In January 2016 Global Jet Capital completed the purchase of GE’s corporate aircraft lease and loan book in the Americas.
The company’s current management team and executive committee is composed of leaders from business jet manufacturers, maintenance and service providers and leading financial institutions who have served the private aircraft industry for a combined 200-plus years and have completed over 3,500 aircraft transactions.