Air Lease Names Grant Newman as Treasurer

LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announced today the appointment of Grant Newman as Senior Vice President and Treasurer, effective March 17.

Grant Newman is an experienced finance, strategy and aviation executive, with over 20 years in finance, more than 15 of which have been in aviation and aerospace. He most recently served as the CFO of Elroy Air, an aerospace start-up, from 2021-2025, where he led the finance, supply chain, government affairs and legal departments. Prior to that Grant was SVP, Strategy & Corporate Development at Era Helicopters where he led the company’s M&A, capital markets and strategic initiatives including the divestiture of DART Aerospace and Era’s $1.5 billion merger with Bristow Helicopters. He subsequently served as the combined company’s Treasurer & Head of Investor Relations. Grant began his professional career in 2001 at General Electric (GE), where he graduated from GE’s Financial Management Program and was certified as a Lean Six Sigma Black Belt. He also spent a decade as an investment banker at Deutsche Bank covering transportation, aviation, and commercial aerospace. Grant has an MBA from Duke University and received an MS in Finance as well as a BS with a double major in Economics and Government & Politics from the University of Maryland, College Park.

“We are pleased to have Grant join the Air Lease team,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of Air Lease. “Grant’s strong background in corporate finance and aviation brings years of experience to the Treasurer role.”

About Air Lease (NYSE: AL)

Air Lease is a leading global aircraft leasing company based in Los Angeles, California. Air Lease and its team of dedicated and experienced professionals are principally engaged in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be important to investors in the “Investors” section of its website at www.airleasecorp.com. Investors and potential investors are encouraged to consult Air Lease’s website regularly for important information. The information contained on, or that may be accessed through, Air Lease’s website is not incorporated by reference into, and is not a part of, this press release.