Ed Wegel

Managing Partner

About Ed Wegel

Edward J Wegel is the Managing Partner of Avi8 Air Capital LLC. Mr. Wegel is a seasoned airline executive with 35 years of broad experience in financing, operations, and distribution. Mr. Wegel has served as a board member of public and private airlines, including Atlantic Coast Airlines, BWIA International Airlines and Eastern Airlines. He serves as Chairman and Chief Executive Officer of Global Crossing Airlines Group, Inc. Mr. Wegel is an experienced deal-maker who has led initial public offerings, privatizations, major aircraft orders, and alliance negotiations. He has extensive company restructuring experience.

Other accomplishments include developing new enterprises and businesses which include developing the initial business plan for JetBlue Airways where he focused on the Airbus A320 aircraft and selected John F. Kennedy airport as the base of operations; created Republic Airways with an industry-leading order for 80 EMB 145 aircraft; oversaw the acquisition of Chautauqua Airlines (where he served as CEO); and conceived and led the privatization and financing of BWIA International Airways, Trinidad, operating 20 L1011 and MD-80 aircraft and serving as National Airline for Trinidad, Guyana, St. Lucia, and Barbados, among and other island nations. As CEO, in 1995, Mr. Wegel achieved BWIA’s first ever profit in 57 years (BWIA International Airways now operates as Caribbean Airlines); co-founded Atlantic Coast Airlines / United Express in 1990, one of the first United Airlines regional airlines. Mr. Wegel served as head of finance and as a board member for Atlantic Coast Airlines, leading the financing for operations and aircraft finance. Mr. Wegel served as a commissioned officer in the U.S. Army and received an MBA from the University of Northern Colorado after graduating from the United States Military Academy at West Point.