Jun 06, 2010
MIAMI, FL.- Effective June 1, David Treitel
, formerly Chairman, CEO and President of SH&E, Inc.;
the world’s largest aviation consultancy and Co-Chair of ICF International’s Energy, Climate and Transportation Practice, has joined Apollo Aviation Group
as a Managing Director. Mr. Treitel will be responsible for Apollo’s capital market activities, overseeing its strategic planning and assisting in originating transactions.
Mr. Treitel brings more than 33 years of aviation experience to Apollo, much of which has been in connection with large scale financial market activities such as that associated with aviation-related mergers, acquisitions and financings. He is widely recognized as one of the industry’s leading aircraft leasing and finance experts whose advice and counsel has been sought by institutions investing in the aircraft leasing and related industries. Robert Korn, Apollo’s President stated, “Apollo has benefited enormously from Dave’s contribution as a member of our Board of Directors. He brings a perspective and discipline that has helped catapult Apollo to a leading role in the aviation investment field”.
Apollo Aviation Group is an aviation asset manager with offices in the U.S., Ireland and Singapore. Apollo’s activities include acquiring, refurbishing, marketing and leasing commercial jet aircraft, engines and related assets as well as “parting out” commercial aircraft. Founded in 20002, Apollo has grown from a small advisory boutique to a leading full-service aviation asset managers. Apollo has more than $500 million under management today and has acquired more than $700 million of aviation assets since its founding, most recently through a proprietary investment fund which was launched in January 2010.
Apollo Aviation Group is partially owned by Sciens International Investments & Holdings S.A., a public company listed on the Athens Stock Exchange. Sciens International specializes in alternative asset management investing in, and managing, alternative assets. Sciens International’s objective is to generate capital gain and dividend income through a broadly diversified portfolio of investments in Private Equity, Structured Finance, Real Estate, Fund of Hedge Funds, Aviation and Reinsurance both in Greece and abroad. Sciens International principally invests in companies in which it is able to control management, operations and cash flows. Sciens International is an affiliate of Sciens Capital Management, a $5.4 billion global alternative asset manager.
Source: Apollo Aviation