Averitt has extensive experience in analyzing large and complex transactions in aviation leasing and asset management
23 July 2021: Contrail Aviation Support announced the appointment of Richard Averitt as Director of Financial Planning and Analysis. In his role, Mr. Averitt will focus on assessing, establishing and enhancing CAS’s financial and technical modeling processes, leveraging both his comprehensive leasing and finance experience and his extensive knowledge of the commercial aviation industry.
Kevin Milligan, Senior Vice President – Strategy, Finance & Investors at CAS said, “We are excited to have Richard Averitt join the growing team at Contrail. With his experience analyzing large and complex transactions in aviation leasing and asset management, Richard has an impressive record for elevating firms and driving their success. We look forward to his insight, his innovation and are confident that his addition will further position Contrail as a leader in our industry.”
On his appointment Richard Averitt said, “I am honored to join Contrail at this exciting stage as their Director of Financial Planning and Analysis,” said Richard Averitt. “They have a great crew and I’m proud to be a part of it. Full speed ahead.”
Prior to joining Contrail, Mr Averitt served as Director of Lease Finance at TrueAero. There he led a team of analysts responsible for the acquisition and analysis of all lease and part-out assets. Prior to that, he was the Manager of Asset Acquisitions and Valuations for TrueAero, and from 2014-2016, he was a Senior Product Line Representative at AeroTurbine, previously an AerCap subsidiary. Mr. Averitt holds a Bachelor of Business Administration in Finance from Baylor University’s Hankamer School of Business.
