DANBURY - Dave Labrozzi, chief operating officer of Global Jet Capital, has been appointed to the board of the National Aircraft Finance Association.
NAFA was founded over 46 years ago as a nonprofit corporation dedicated to supporting individuals and organizations providing aircraft financing and to improving the industry’s service to the public.
The agency draws on expertise from across the industry with the aim of benefiting the entire sector. Labrozzi will provide insight from over three decades of experience in the finance industry, including previous positions on the boards of industry organizations.
“I’m delighted to be joining the NAFA board and look forward to working with other board members from around the industry,’ said Labrozzi. “At Global Jet Capital, we believe that it is important for the key organizations in the sector to share knowledge where appropriate, in order to ensure that we are all doing everything we can to meet the needs of our clients.”
Before joining Global Jet Capital in 2015, Labrozzi spent nearly 35 years with General Electric, including 15 years leading the company’s financing activity in the business aviation sector as president of GE Capital, Corporate Aircraft. He has also served on the Associate Member Advisory Council of the National Business Aviation Association.
Global Jet Capital is capitalized by three global investment firms - GSO Capital Partners in partnership with Franklin Square Capital Partners; The Carlyle Group, and AE Industrial Partners. In January 2016, the company completed the purchase of GE’s corporate aircraft lease and loan book in the Americas.
The company’s current management team and executive committee is composed of leaders from business jet manufacturers, maintenance and service providers and leading financial institutions who have served the private aircraft industry for a combined 200-plus years and have completed over 3,500 aircraft transactions.