Global aviation asset trading and material management company EirTrade Aviation has promoted Lee Carey to chief investment officer and Karl Fitzgibbon to chief operating officer.
EirTrade Aviation says that both Carey and Fitzgibbon have been on the career fast track within the company for almost a decade with their responsibilities growing accordingly.
Ken Fitzgibbon, chief executive at EirTrade Aviation, said: “We have a dynamic young team who are spearheading our growth and ensuring that our reputation for customer service is 100% aligned with our global ambitions.”
With an MSc in aviation finance from UCD Michael Smurfit Graduate Business School and a BSc in aviation management from Dublin City University, Carey joined EirTrade Aviation in 2016 in sales and technical evaluations. Since then, he has rapidly absorbed senior roles in sales and asset management, managing the acquisition of over 100 commercial aircraft and engines.
Carey was most recently the vice president of origination and trading based at the company’s Dublin headquarters. As chief investment officer, his new role will incorporate continued responsibility and oversight of those activities, alongside a honed focus on nurturing existing relationships with investors and industry partners and fostering new affiliations.
Carey said: “It has been a privilege to witness and play a crucial role in the exponential growth of EirTrade over the past few years. During my time at EirTrade, we have experienced a tremendous level of growth, in terms of revenue, the team, our global footprint, and the services we offer.
“Our business has become more complex as we continue to diversify our asset base across more and more aircraft platforms and continue to expand our service offering through vertical integration.”
Fitzgibbon joined EirTrade Aviation in 2014 and steadily rose through the ranks to become vice president of operations, his most recent position. He currently manages a dynamic operations and repairs team in Dublin and Dallas, while also overseeing the logistics, customs, IT, and facilities functions.
Fitzgibbon said: “Continuously identifying and implementing process improvements to enhance productivity and profitability is my key focus. This involves analysing current workflows, identifying bottlenecks, and implementing innovative solutions to streamline operations.
“By fostering a culture of continuous improvement, we can ensure that our processes remain efficient and effective, ultimately driving better results for the Company as we continue to expand our global presence.”
Fitzgibbon adds: “EirTrade is a business that provides numerous opportunities for growth and development. With operations spanning Europe, the Americas, and Asia, the company delivers specialist services to the global airline and aircraft leasing community. This international presence enables employees to engage in exciting projects and advance their careers within a dynamic and thriving industry. Hard work and collaboration have been key to our success, and I am proud to be part of this journey.”
Ken Fitzgibbon, chief executive, said: “The company is perfectly poised for further growth which will cement EirTrade as an industry leader in the USM market, and we already have some exciting announcements to come later this year.
“I firmly believe in the talent and dedication of my young team. I am extremely proud to foster their ambitions and mentor their careers. They bring a dynamism and energy to EirTrade which is entrenched in our spirit and recognised by our company securing one of the ‘Best Places to Work in Aviation 2024’ awards sponsored by Aviation Business News, and the ‘Workplace Achievement 2024’ award presented by Aviation Industry Awards Ireland.”
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