Global Jet Capital, a provider of financing solutions for corporate aircraft, has announced the appointment of David Settergren as Director of Sales, South East Asia. He will cover Singapore, Malaysia, Indonesia and Thailand.
David has extensive aviation experience across Asia. He joins Global Jet Capital from AerSale in Singapore, where he was Vice President of Aircraft Leasing and Trading.
David Settergren, Sales Director, South East Asia at Global Jet Capital, said: “I’m excited to be joining one of the most dynamic teams in business aviation and am looking forward to leveraging my experience and relationships in the region to help grow Global Jet Capital’s footprint in South East Asia.”
David Henderson, Global Jet Capital’s Managing Director, Asia Sales, said: “We are delighted David is joining us. His extensive aviation experience in the region will be invaluable in helping us capitalize on the significant potential we see in the region.”
Prior to his role at AerSale, David was Vice President Marketing and Sales with GE Commercial Aviation Services in Singapore where he was responsible for a range of roles across Asia including new and used aircraft and engine financing, leasing, and financial restructuring.
Global Jet Capital is capitalized by three global investment firms – GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners. In January 2016 Global Jet Capital 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.