Verona, WI – May 16, 2024 – Contrail Aviation Support LLC (www.contrail.com), a full-service engine asset management platform as well as worldwide supplier of surplus and aftermarket commercial jet engine components, is delighted to announce the appointment of Ben Jacques as Vice President – Marketing and Acquisitions. Ben has been in the aviation industry for over 20 years and brings considerable aircraft, engine trading and leasing experience to this role.
Together with Mark Shaw, Senior Vice President – Acquisitions and Trading, Ben will focus on sourcing end-of-life CFM56-5B, 7B and V2500 engine assets and/or their parent A320/B737NG family aircraft from the lessor, trading and financing community as well as selected airlines.
Ben was previously Marketing Director for 9 years with WNG Capital LLC where he was responsible for lessee relationships and aircraft trading, predominantly managing key accounts in Europe, North America and Asia. Prior to WNG, Ben was a Leasing Specialist and Group Quality Manager at Air Partner between 2007 and 2010. Ben also spent 4 years as Commercial Manager for IBA, the internationally-renowned aviation consulting and appraisal company.
Contrail Aviation CEO, Joe Kuhn, commented “Ben joins Contrail at a time of sustained growth and opportunity for the company and we are looking forward to benefiting from his undoubted wealth of knowledge and transaction expertise.
Ben commented “I’ve known Joe and Mark for many years and I am delighted to join the team and have the opportunity to take Contrail to the next level.”
ABOUT CONTRAIL AVIATION SUPPORT, LLC
Contrail Aviation Support, LLC (contrail.com) is a commercial aircraft trading, leasing and parts solutions provider focused on creative asset management strategies that maximize value. Founded in 2000 as an engine material trading company, Contrail is primarily focused on used serviceable material for the CFM56 and V2500 engine types, which power the 737NG and A320 family. In addition, the Company has diversified into commercial aviation asset trading and leasing with a primary focus on mid-life to older commercial aircraft and engines that include speculative purchases of “naked” assets, sale and lease-back, and stub leases. Contrail’s headquarters are located two hours north of Chicago’s O’Hare airport in a 21,000 sqft. facility. The company also has a satellite marketing presence in France, London, and Shanghai, China. Our core focus is to build long-lasting customer and vendor relationships. Quality, value and integrity are the principles we were founded upon and continue to drive our business forward. Contrail is a business unit of AIR T, INC. (NASDAQ: AIRT), which is an industrious American holding company with a portfolio of powerful businesses, each of which operate independently yet interrelatedly. For more information, visit www.contrail.com.
Media Contact:
Joe Kuhn, CEO – joe@contrail.com, Ph: +1 608-279-5125
Jackie Servi – jackie@contrail.com, Ph: +1 608-848-8100