Aviation asset management platform Crestone Air Partners, wholly owned by Air T, has promoted Kevin Milligan to CEO on May 30, 2024, effective immediately. Milligan will succeed Sebastian Lourier, who was CEO since 2022.
The company said Milligan as ""an integral part of the Crestone team as one of the original cofounders.""
Nick Swenson, chairman and CEO of Air T, comments: ""Kevin is an excellent leader— displaying technical know-how and market insights— to go along with his drive and rational ambitions for Crestone.
“I have complete confidence in Kevin's ability to lead Crestone Air Partners into its next chapter. Crestone is well positioned to maximise value and drive edge for mid-to-end-of-life aviation assets through its full-service asset management platform backed by Air T's interrelated aviation specialist businesses.
Speaking of his new role, Milligan said: ""I am honoured to take on the CEO role and am committed to leading Crestone Air Partners to new heights. I look forward to continuing to work alongside our talented team to deliver exceptional results for our investors and customers.""