Leasing veterans announce new leasing company: AVi8 Air Capital

AVi8 Air Capital, a lessor of commercial passenger aircraft, was co-founded (21-Nov-2016) by Ray Sisson and Ed Wegel, to be headquartered in Dublin with a commercial office in Miami. Mr Sisson will serve as the company's executive chairman, and Ed Wegel will assume CEO duties. Mr Sisson was formerly president and CEO of AWAS from 2010 to 2016. Ed Wegel has over 30 years of experience in the airline industry, investment banking and aviation finance, last serving as president and CEO of Eastern Air Lines Group. The company will focus on the "newest, most desirable" narrowbody commercial aircraft, and is currently analyzing potential deals and in talks with several global investment banks. [more - original PR]