Aircraft leasing company Aircastle has announced the promotion and appointment of Dane Silverman as its Chief Accounting Officer.
Jim Connelly, a former Chief Accounting Officer will take on a new role as Senior VP ESG and Corporate Communications.
Frank Constantinople, SVP of Investor Relations, will retire at the end of October, 2021.
Silverman has been promoted from his previous role of Vice President Controller where he was responsible for managing the finances of Aircastle’s aircraft fleet leasing business units including corporate overhead, tax, revenue recognition and internal audit responsibilities.
Prior to joining Aircastle, Mr. Silverman held Controller and Assistant Controller roles at Voyager Aviation from May of 2016.
Connelly has been working at Aircastle since 2007. He'll also be managing ESG initiatives as well as corporate communications - which includes fixed income investor relations.
Prior to his retirement at the end of October 2021, Mr. Constantinople will continue in his current role and transition to Mr. Connelly.
Michael Inglese, Aircastle's CEO, commented, "We are pleased to promote and appoint Dane Silverman as our Chief Accounting Officer to complement our deep and talented leadership team. We are also pleased to have Jim transition to focus on and lead our ESG efforts, which are a priority for Aircastle. We are grateful for Frank Constantinople's professional, loyal and dedicated service leading our equity and fixed income investor relations function since 2012."
Aircastle Limited is a global aviation company that acquires, leases and sells commercial jet aircraft to airlines world-wide. As of May 31st, 2021 they had 259 owned or managed aircraft leased out to 77 different customers in 43 countries around the globe.
[Source: Aircastle Limited]
From Around the Tarmac...
Transair, the cargo company who's pilots survived the ditching of the Boeing 737 they were flying off the coast of Honolulu on July 2nd, has been grounded by the FAA until 'it meets FAA regulations'.
The Federal Aviation Administration (FAA) has ordered all operators of Boeing 737 planes to conduct inspections of 'cabin altitude pressure switches' for possible failures and replacements if needed.
Three years ago Boeing landed an $805 million development contract to build MQ-25A "Stingray" drones for the U.S. Navy, with the promise of billions more as the Navy built out a fleet of 76 of the remotely piloted, carrier-capable aerial refueling aircraft. Last month, all that hard work paid off with the successful completion of the first-ever successful in-air refueling of a Navy fighter jet from an unmanned drone -- setting the stage for Boeing to collect the rest of its billions in revenue.