Ardavon appoints Karl Brünjes as Chief Operating Officer

Ardavon investment and asset management company are delighted to announce that Karl Brünjes has joined the company as Chief Operating Officer. Karl has been involved in the trading, financing and management of commercial aircraft since 1990.  He has held senior positions at Fortis Aviation Group, IBA Group, Republic Financial and RPK Capital and was elected Chairman of The Aviation Club of the UK in 2018.

“More than ever, in today’s environment, people want clear and reliable input to make informed decisions,” says Dr. Mohamed El-Boraï, Ardavon Chairman and CEO. “Having known and worked with Karl for the last 20 years, I have always appreciated his insights into the industry and his no-nonsense and pragmatic approach to business.  His vast experience in the trading, financing and management of commercial aircraft will prove invaluable to the development and growth of Ardavon and its sister company Relaer.”

Ardavon combines Relaer’s technical and asset management expertise to provide a full-service platform to its clients. Ardavon is able to deliver aircraft investment opportunities along with ongoing commercial and technical asset management to investors.  Their support covers the full investment life cycle, from origination and associated due diligence, to structuring, negotiation and ongoing servicing. Ardavon’s management team has collective experience of over 84 aircraft transactions involving 215 aircraft with 72 airlines worldwide.

Relaer has served over 200 clients stretching across the whole industry spectrum from airlines to OEMs, from financial entities to MROs, across the globe. Furthermore, Relaer has performed over 500 aircraft transitions, as well as having delivered over 800 new Airbus aircraft and is considered the industry leader in this field.

Karl Brünjes said “These turbulent times call for financial, technical and airline expertise that combined provide turn-key asset management solutions. Ardavon’s team have all lived through difficult times in aviation before and their wide-ranging experience, combined with Relaer’s technical know-how, ensures Ardavon is perfectly placed to provide this service; I’m very excited to be here.”

For further information contact: info@ardavon.ie