Ray Fernandez-Andes Named CFO at Next Level Aviation

Editor -

Seasoned finance executive Ray Fernandez-Andes has been named Chief Financial Officer at Next Level Aviation, a leader in the global distribution of used serviceable material (USM) for commercial aircraft and jet engines.

Fernandez-Andes brings a high level of finance expertise in the airline and commercial aviation aftermarket to NLA. He has extensive experience in improving financial results, providing strategic advice for growth and capital deployment, as well as managing banking and investor relationships. Fernandez-Andes is a certified public accountant (CPA) in the state of Florida, and a former auditor at Arthur Andersen. He has held senior finance management positions at the following companies:

  • Aerolease Aviation, LLC
  • Aviation Repair Technologies LLC
  • Arrow Cargo
  • World Air Lease, Inc.
  • GE Engine Services

“We are pleased to welcome Ray to Next Level Aviation as Chief Financial Officer. He will play a key role in ensuring that we maintain our low-cost structure as we execute our growth strategy. Ray’s extensive CFO experience at airlines, leasing companies, and repair stations will provide a unique perspective from within our target markets,” said Next Level Chairman and CEO Jack Gordon. “Ray is a critical member of the executive team who will help our business provide creative nose-to-tail support solutions for our customers to reduce their maintenance costs and maximize operational efficiency,” added Gordon.

Gordon continued, “We would also like to thank Steve Favazza from SCF Consulting Services for his dedication, support and expertise over this past year as our interim CFO through a very challenging operating environment.”

"Next Level Aviation is well-positioned for growth and profitable expansion in the commercial aviation aftermarket,” said Fernandez-Andes. “I am excited to join the world-class team at NLA as we execute our strategy.”