Global Jet Capital appoints Ed Barnes as chief financial officer

Corporate jet provider Global Jet Capital has hired Ed Barnes as chief financial officer. He has more than 20 years’ experience as a senior-level financial executive and was formerly financial lead at JetBlue Airways and has served on the board of Jetscape the aircraft leasing company.

At JetBlue, Barnes led the company’s transition from a start-up to a $4.5 billion organisation. At Jetscape, he worked that has matured to own and manage 49 aircraft leased to 24 airline operators in 15 countries.

Prior to Jetscape Barnes held posts at Taylor Morrison, Cardinal Logistics, Greatwide and Cardinal.

Shawn Vick, executive director of Global Jet Capital, said: “We are very excited to be appointing a chief financial officer of the calibre of Ed Barnes, who brings a wealth of experience and knowledge to the team. This appointment is in line with our policy of hiring skilled professionals with a thorough understanding of the industry and we believe that he will be invaluable to our global growth plans.”

Global Jet Capital is currently in the midst of a recruitment drive, adding to the company in the US, London, Hong Kong, continental Europe and Dubai. The company launched last year, backed by three global investors – GSO Capital Partners 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.

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Barnes’ appointment is effective immediately.