Deucalion Aviation Limited (“Deucalion”), a global aircraft servicing and investment platform, is pleased to announce the hiring of Nate Riggs who will serve as Chief Commercial Officer.

Nate is expected to join the Deucalion team in early 2025 bringing a wealth of aviation experience in driving business growth. Most recently, Nate served as the Chief Commercial Officer at Aergo Capital, where he oversaw the company’s global aircraft acquisition, disposition, remarketing, and portfolio management activities and strategies. Under Nate’s leadership, Aergo experienced a significant increase in aircraft under management in the past three years.

Prior to Aergo, Nate served in a variety of roles within the industry, including Senior Vice President of Marketing at Aircastle, where he last led marketing efforts in the Americas after developing and leading Aircastle’s pricing team.

Nate brings over two decades of commercial aviation experience and will lead the Deucalion commercial team from New York City.

Commenting on his new role Nate said: “Deucalion’s exceptional reputation and track record of success combined with the support of Strategic Value Partners, LLC create a unique and powerful partnership to capture opportunities in today’s market. I’m looking forward to joining the team and contributing to the company’s growth and development.”

Jon Skirrow Deucalion CEO added: “We are thrilled to welcome Nate to the Deucalion team. His extensive industry experience and proven track record of driving growth will be invaluable as we continue to expand our global presence. Nate’s leadership will not only strengthen our executive team but also bring a fresh perspective that aligns with the ambitions of our shareholders. We are confident that his expertise will help take Deucalion to new heights as we pursue our long-term strategic goals.”

Deucalion manages aircraft on behalf of various investors seeking different risk-adjusted returns in the aviation industry. This ranges from younger aircraft on long-term leases with top-tier credits to mid and end-of-life aircraft opportunities. Deucalion is a wholly owned portfolio company of investment funds managed by Strategic Value Partners, LLC and its affiliates who have invested approximately $3.0 billion in aviation opportunities since acquiring the Deucalion business.