Contrail announced today the appointment of commercial aircraft transaction veteran, Michael Coviello, as Vice President of Transaction Management. Mike has 42 years of industry experience and domain expertise with a focus on optimizing the commercial aviation transaction management process. Most recently, he served as Vice President Aircraft Trading of Aviation Capital Group (ACG) in Newport Beach, CA, and prior to that served as ACG’s Vice President Portfolio Management.
In his new role, Coviello will manage and optimize all aspects of the deal flow transaction process, from contracts to third parties liaising to technical, in an effort to support the origination team and further drive transaction volume.
Throughout Coviello’s distinguished career spanning four decades, he has held notable leadership positions at GMT Global Republic Aviation, Mountain Capital Partners, AirCapital Aviation Services, Back Aviation, Republic Financial Corporation and Tombo Aviation (a Mitsui Company). Mr. Coviello has held an FAA Airframe & Powerplant Certificate (A&P) Certificate for more than four decades, and earned an AAS in Aircraft Maintenance Technology from the College of Aeronautics. He is a member of the International Society of Transport Aircraft Trading (ISTAT).