Verona, WI – March 5, 2017 – Contrail Aviation Support, LLC, a trusted worldwide supplier of surplus and aftermarket commercial jet engine components since 2000, today announced the appointment of aviation leasing expert Sebastian Lourier as Director of Leasing and Asset Management of Contrail Aviation Leasing, LLC in order to further develop and strengthen the Company’s aircraft engine leasing platform and capabilities.
Lourier joins Contrail with over 15 years of aviation finance and operations experience with core competencies in aircraft engine leasing and trading. Most recently, Lourier was Vice President, Sales and Lease Management of Fortress, Inc., a global investment management firm (New York and Dubai). In his role at Fortress, he identified and executed on aircraft and engine sales, and leasing opportunities by maintaining a comprehensive global network of relationships with leasing companies, major airlines, MROs, OEMs and trading companies as well as being responsible for leasing related day-to-day operations, including aircraft and engine maintenance contracts and portfolio management. Previously, Lourier was Director, Portfolio Management of Aviation Capital Group, LLC, a worldwide provider of aircraft leasing to airlines, and Director, Supply Chain of US Airways. He was also a Senior Financial Analyst at Northwest Airlines (now Delta) and America West Airlines.
Joseph Kuhn, CEO of Contrail Aviation Support, LLC, said: “We are quite pleased to have Sebastian join Contrail and head up our aircraft engine leasing division. His international background spans all facets of the aviation leasing industry, from manufacturing to operations as well as from analytical thinking to negotiations. What’s more, his 15 plus years of aviation experience is both wide and deep, including leadership roles at major leasing firms, airlines and OEMs. Sebastian not only speaks the language of leasing at tech, finance and executive levels, which makes him an incredibly trusted resource for all key stakeholders, but also he has a diverse cultural background in which he speaks English, German and a working knowledge of French. This unique combination empowers him to translate any leasing opportunity into high-impact outcomes for all parties involved.”
Lourier commented, “I was born into an airline family – it’s in my blood – and I have since been around the aviation industry all my life. Now, I’m thrilled about continuing this lifelong and professional journey by being part of Contrail, which is a nimble company operated by an established, close-knit team, who, with Joe’s vision, has what it takes in my view to take this company to the next level.”
Added Lourier, “The aviation industry is a driver of economic growth worldwide. I’m excited about the opportunities at hand to shape and grow Contrail’s leasing division – its foundation, processes and capabilities – in order to further establish Contrail’s global presence as a lessor as well as layer on newer generation aircraft and engine leasing opportunities within the Company’s existing inventory portfolio.”
Lourier holds an MBA in Aviation, Embry Riddle Aeronautical University with a focus on analysis of aircraft value forecasting techniques and Bachelor’s in Industrial Engineering, Rheinische Fachhochschule Köln – Germany.
Contrail’s asset focus is on the CFM International CFM56-3/-5/-7 engines, and the International Aero Engine V2500A5 engine, which power the two most prevalent narrow body, single aisle aircraft flown commercially today, the Boeing 737 Classic / 737NG, and the Airbus A320 family. In addition, the Company intends to expand its asset portfolio to include whole engine and aircraft leasing.
Contrail’s quality system is accredited by the ASA and recognized as providing industry-leading quality to our customers. All components are overhauled by fully accredited FAA authorized repair agencies.
Contrail Aviation Support, LLC. was founded in 2000 with the goal of being a leading supplier of commercial jet engine aftermarket and surplus material that power the worldwide narrow body commercial aircraft fleets. Our operations are located two hours north of Chicago’s O’Hare airport in a 21,000 sqft facility. The Company has the ability to add personnel as needed, and our warehouse can accommodate inventory equaling up to 50 fully disassembled CFM56/V2500 engines. For nearly two decades, Contrail has grown by leveraging its expertise and experience of the surplus industry to ensure that our inventory is always relevant for the ever-changing marketplace. Today, Contrail remains a trusted and growing worldwide supplier of surplus and aftermarket commercial jet engine components. For more information, visit www.contrail.com.