Europe

Deucalion Aviation expands its Senior team and establishes Irish subsidiary

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Deucalion Aviation expands its Senior team and establishes Irish subsidiary

Effective as of February 1, Lewis Sutherland has Deucalion as Head of Asia based in Singapore. Lewis joins Deucalion with 15 years of aviation investment experience, the last seven of which have been covering airlines, investors and lessors across the Asia Pacific. Lewis will succeed Jonathan Pierpoint who is returning to the UK to take up a senior post in Deucalion after six successful years in Singapore.  Lewis will join the Deucalion management team and be responsible for managing Deucalion’s strategy and activities in the Asia Pacific region

Lewis added: “I’m delighted to join Deucalion and its group of such talented industry experts & professionals. I am looking forward, together with the team in Singapore, to support airlines and aircraft owners across Asia with Deucalion’s ability to provide relevant financing and investment solutions. Deucalion and its shareholders have demonstrated an ambitious growth strategy and the Asia-Pacific region will play a significant role in the further growth of the Deucalion aircraft asset management and investment business”.

Stephan Sayre, Co-CEO & Chief Investment Officer commented; “We are thrilled to welcome Lewis to our platform, bringing with him a deep track record of success in originating and executing complex investments in this sector, with the skills, experience and relationships that are very relevant to the vision that we and our shareholders have of providing transformational investment solutions”.

Lewis’s appointment is the latest in a series of important hires of leading industry talent in financial, credit, technical and commercial roles at Deucalion. Notably, Rick Boyes has recently joined the team as senior vice president Commercial, based in the London office. Boyes had a long and successful career at Virgin Atlantic which spanned across engineering and operational roles culminating in his final position as Head of Fleet, looking after all the airline’s aircraft and engine transactions.

As part of the continued expansion and further strengthening of the business, Deucalion has also announced the formation of Deucalion Aviation Ireland Limited (Deucalion Ireland), a wholly-owned subsidiary of Deucalion Aviation Limited. Deucalion Ireland is the third Deucalion Group entity to join the growing London and Singapore businesses. The formation of the Irish entity will allow the company to provide services to a wider customer base and will employ the Deucalion technical team and EU based commercial and marketing staff.