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About Power Aviation Services

Power Aviation Services Limited ("Power Aviation") offers specialised aircraft trading and brokering services to airlines and to financial institutions worldwide.
The company primarily specialises in remarketing (selling and leasing) and sourcing aircraft for airlines and financial institutions but also provides aviation consulting services to regional airlines globally.

Gerry Power

The principal executive director, Mr. Gerry Power, spent eight years from 1985 to 1993 working with GPA Group plc. ("GPA"), then the largest lessor and financier of new-technology aircraft in the world. He worked in a variety of senior management positions at GPA including Personal Assistant to Dr. T. A. Ryan, GPA’s Chairman & CEO, Vice President Aircraft Acquisitions, and Vice President Marketing. During this period he was based at different times in the U.S., England, Belgium and at the company’s headquarters in Ireland.
Gerry was involved in more than 50 jet and turboprop aircraft transactions during his career with GPA. As Vice President Marketing for GPA Jetprop Limited, he placed (either sold or leased) over 30 turboprop aircraft between 1989 and 1992.
Post GPA, Gerry has concluded more than 50 aircraft transactions including:

• Purchased five MD82 aircraft on behalf of Thomas A. Ryan & Associates Aerospace Limited (Ireland) from Alitalia (Italy) with a leaseback to Alitalia for eight years.
• Purchased one B737-400 aircraft on behalf of Eheim Flugzeug GmbH & Co. KG Vermietung (Germany) from GE Capital Aviation Services ("GECAS") (USA) with a lease attached to Aer Lingus (Ireland).
• Sub-leased two A321-200 aircraft on behalf of BWIA (Trinidad) to Air Alfa (Turkey).
• Sold one MD82 aircraft to Air Albatros (Croatia), one MD82 airframe to Double O Aviation (USA), two JT8D-217A engines to AAR (USA) and one JT8D-217A engine to Itali Airlines (Italy).
• Sold one DHC8-311 aircraft, one PW123 engine and a spare parts package on behalf of Contact Air (Germany) to AGES (USA) for lease to Aires (Colombia).
• Advised ALM (Netherlands Antilles) on the acquisition of two DHC8-311 aircraft from GECAS.
Purchased two used DHC8-102 aircraft on behalf of Cirrus Airlines (Germany) from Bombardier (Canada).
• Sold four BAe748-2B aircraft and spare parts inventory on behalf of Liat (Antigua) to Holter Leasing (Canada).
• Purchased one Challenger 604 corporate aircraft and one Bell 430 corporate helicopter on behalf of Starair (Ireland) Limited.

Gerry is a graduate of Pace University in New York where he obtained a Master of Business Administration degree (MBA) with distinction (honours) in 1985. He was also awarded a Bachelor of Business Administration (BBA) degree from Pace University in 1983 and a National Diploma in Business Studies (NDBS) from the University of Limerick in 1981.
Gerry was Deputy Chairman of Ukraine International Airways in 1993.
Gerry is currently Chairman of Starair (Ireland) Limited which operates an executive jet charter service, providing flights worldwide. Gerry holds a number of other directorships with Irish aviation companies including ADM Limited, Flire Limited and Thomas A Ryan & Associates Aerospace Limited.


David Kavanagh

Administration Manager and Marketing Executive, David has a background in logistics and inventory management with previous experience in the aviation business. David has worked in various management positions in industry over the last five years and holds an honours degree in Public Administration. Having joined Power Aviation Services recently, David is currently undertaking an MBA Program.

 

 

Power Aviation Services Limited, Grange House, Crecora, County Limerick, Ireland. Phone: +353-61-320200; Fax: +353-61-320201

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