ITE Management (ITE), an investment firm focused on investing in critical real assets in the transportation and industrial sector, has appointed Steve Mason as the new managing director, head of aviation.
Based in New York, Mason will oversee the firm’s aviation team and lead all aviation-related investments for ITE.
Mason has 20-plus years of aviation experience in aircraft investing, business operations, portfolio strategy, and asset valuations. Most recently, he served as head of OEM for Avolon where he managed a $14bn diversified aircraft orderbook across aircraft and airframe and engine equipment. Prior to Avolon, Mason was head of asset strategy and aircraft evaluation for CIT Group’s aircraft leasing business responsible for asset strategy, investment, and aircraft valuations. Prior to CIT, Mason spent over ten years at Rolls-Royce expanding their aviation engines business including its joint venture partnership, International Aero Engines.
Mason received his Bachelor in Aeronautical Engineering from the University of Limerick in Ireland and completed executive management courses at INSEAD and Cranfield.
“Steve is a top-tier, seasoned aviation operator. His experience and relationships across his leadership positions at the world’s largest aviation companies fit extremely well within ITE’s deep operating focus within its platforms,” said Jason Koenig, managing partner of ITE Management.