Seabury Capital Group LLC (“Seabury”) announced on the sidelines of the Airline Economics Growth Frontiers Dublin conference the appointment of Richard Spaulding as Vice President of Seabury Aircraft Capital LLC (“SAC”), one of the leading advisory and capital arranging firms for financing new and used aircraft.
With more than three decades of global aviation experience, Spaulding is a senior executive with a comprehensive background in leading aircraft acquisitions and portfolio management, including managing multimillion dollar portfolios, originating successful commercial aviation transactions, and directing high-yield acquisition and sales campaigns.
“Richard is known in the aviation industry as an innovative thinker with a strong business strategy, product marketing, acquisition, and financial portfolio management acumen,” commented Stacey Wilson, Managing Director of Seabury Aircraft Capital. “Richard’s track record of buying, selling, and financing more than 300 aircraft and aircraft engines transactions adds valuable expertise and perspective to our leadership team, which will help enhance our comprehensive, best-in-class support for airlines, manufacturers, and investors vying to take full advantage of growth opportunities.”
Most recently, Spaulding was President and Board Member of Universal Asset Management, an aircraft disassembly and parts sales company. Previously, he served as Senior Managing Director at GMT Global Republic Aviation, where he was responsible for the management of the company’s aviation portfolio, which included overseeing the acquisition of commercial aircraft on lease to major international airlines, as well as the disposition of aviation assets through either sales or disassembly. Spaulding has also provided professional advisory services to commercial aviation equity investors and commercial banks in the aviation asset acquisition and sales arena. Spaulding is a graduate of James Madison University, Virginia, U.S.
“I look forward to working with the SAC team, who boast a two-decade-plus formidable track record in pioneering financing structures and financing more than 1,000 aircraft, to scale up SAC’s service offerings and further cement its reputation as the most efficient and reliable aircraft financing team in the business,” stated Richard Spaulding, Vice President of Seabury Aircraft Capital.
SAC was founded in 2020 through a combination of Seabury’s advisory practices and the acquisition of an investment banking firm Structured Finance International ("SFI"). SAC assists carriers in sourcing and purchasing assets, as well as in arranging and executing the financings, specific to each airline fleet and balance sheet’s requirements.