Bill Boisture joins Spike Aerospace
Boston, MA, 13 October 2020 – Bill Boisture has joined the executive team of Spike Aerospace. Bill brings his leadership and experience to Spike Aerospace and will help execute on its strategy, building partnerships and financing.
Boisture is a “Top Gun” pilot having graduated from both the USAF Fighter Weapons School and the U.S. Navy Fighter Weapons School (the “Top Gun” school). But he is perhaps better known for his 35 years of senior leadership positions at some of the highest profile companies including as the former President & COO of Gulfstream Aerospace, President of NetJets, Chairman & CEO of Hawker Beechcraft and now as an Operating Partner at AeroEquity.
“I had been skeptical of the business model for supersonic flight as the corporate market seemed too small for a supersonic business jet. But the Spike Supersonic Jet can meet the needs of private, corporate and commercial airline operations. Being able to serve multiple markets, expands the opportunity dramatically and makes a strong business case for Spike Aerospace. I’m looking forward to helping Spike develop its strategy and build the relationships necessary to succeed.” said Bill Boisture.
“I’m very proud to add Bill Boisture’s experience in aircraft development, manufacturing, sales and operations to our growing team of seasoned executives. His background speaks volumes about the value he brings to Spike and the launch of our quiet supersonic jet. I’m looking forward to working with and learning from Bill.” said Vik Kachoria, President & CEO of Spike Aerospace.
Boisture is joining Spike’s growing executive team which now includes Tom Captain, former Vice-Chairman of Deloitte Aerospace and Defense Group; John Thomas, former CEO of Virgin Australia Airline; Ray Benvenuti, private equity investor; and Brian Foley, former director of marketing at Dassault Falcon Jet.
The Spike Supersonic Jet is a sleek, elegant 18-passenger supersonic jet that cuts flights times by over 40%. It is designed for private/personal use, corporate flight departments and airline supersonic shuttle operations. The low-boom design of the Spike Supersonic Jet will enable it to fly at full Mach 1.6 overland without creating the loud sonic boom that is so disturbing on the ground. The company is committed to environmentally responsible aviation, Stage 5 compliance and low-sonic boom for overland flight.
Bill Boisture is also an Operating Partner at AeroEquity Industrial where he is primarily responsible for working with AE Industrial portfolio companies as a Chairman / board member, helping to build platforms, provide senior management support, and drive strategic growth initiatives. In addition, Boisture is active in evaluating senior management talent, assessing investment opportunities and providing market intelligence in AE Industrial’s target sectors.
Boisture sits on the boards of AE Industrial portfolio companies: Applied Composites, Belcan, Alpine Air, Columbia Helicopters and Global Jet Capital. He has completed a number of strategic sales (Butler Aviation, BA Corporate Jets, Gulfstream), as well as the restructuring and sale of Beechcraft Corporation to Textron.
Bill Boisture holds a BS in Engineering Management from the U.S. Air Force Academy and an MBA from the University of New Haven.