Global Jet Capital appoints Bill Boisture as Chairman

Global Jet Capital, a global provider of financing solutions for corporate aircraft, today announced that it has appointed Bill Boisture as its Chairman.

Mr Boisture is an Operating Partner at AE Industrial Partners (AEI), one of the world-class private investors that capitalizes Global Jet Capital. He currently sits on the Executive Committee of Global Jet Capital and had previously been an Executive Director of the company.

He will remain an Operating Partner at AEI, which is focused on investing in long term growth in the commercial aerospace, business aviation and power generation sectors.

The announcement comes shortly after the news that Shawn Vick has taken a larger role with Global Jet Capital and is now its Chief Executive Officer.

Mr. Boisture is a highly respected industry executive with more than 35 years of aviation experience. He has held senior leadership positions at Gulfstream Aerospace, NetJets, SimuFlite and most recently Beechcraft Corporation, where he oversaw the restructuring and merger of the company with the Textron Corporation.

Bill Boisture said: “I am pleased to be taking a more active role in the management of Global Jet Capital. In a very short period of time we have established ourselves as a major provider of financing solutions for corporate aircraft. We have already underwritten several hundred million in aircraft financing transactions this year and expect a strong year end performance. As the business jet market evolves, we are well positioned and capitalized to be the global leader in this business.”

Mr. Boisture holds a BS in Engineering Management from the U.S. Air Force Academy and an MBA from the University of New Haven. In addition, he graduated from the USAF Fighter Weapons School and the U.S. Navy Fighter Weapons School (the "Top Gun" school).