Wings Capital Partners (“Wings”) is pleased to announce that its current shareholders, Corrum Capital and Sightway Capital, have increased their equity commitments to Wings. The additional support from our shareholders positions the company well for the future and provides us with additional resources to execute our business plan and capital to pursue attractive aircraft acquisitions.
“Our strong partnership with our shareholders reflects the continued long-term commitment Sightway and Corrum have to Wings and the customers we serve,” said R Stephen Hannahs, Managing Director and CEO of Wings.
In addition, Wings announced that the company has launched a new operating entity in Singapore, headed by Stephen Lynch, Managing Director of Wings Capital Partners Singapore PTE. LTD. and Vice President, Marketing. Mr. Lynch is responsible for managing airline relationships across the Asia Pacific Region with a particular focus on increasing the company’s commercial jet aircraft on lease to Asian airlines. Prior to joining Wings, Stephen worked in a variety of roles within the aircraft leasing and finance sectors with GECAS, Engine Lease Finance Corporation, and Intrepid Aviation.
Further, the company announced several executive promotions, including
John Hoopes has been promoted to Head of Technical Services. John has been an effective manager and contributor in directing the technical oversight of the company.
Gerry Burke has been promoted to Vice President, Marketing – Wings Capital Partners Aviation Ireland Limited. Gerry has made significant contributions to the success of the company during his tenure at Wings.
At press time, Wings Capital Partners’ owned, managed, and committed portfolio was $1.5 billion with 48 aircraft.