Time on Wing Podcast

Courtney & Gueric

Not-so-formal interviews with the leaders in commercial aviation.

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70 episodes
Updated Monday

Episodes70

Newest first

Monday · 1 hr 37 min
Steve Boecker - SVP Marketing, HKAM Aviation
Steve Boecker shares his extensive journey in the aviation industry, detailing his early passion for aviation, and reflects on his time at FedEx, Pratt & Whitney, and Delta Airlines. We discuss various aspects of the aviation engine market, including current trends in lease rates, the reliability of engine types, and the expectations from OEMs regarding engine performance. He emphasizes the importance of managing costs in engine maintenance and the impact of new technologies on the market. We also touch on the disruptive nature of companies like FTAI in the engine market.
July 6 · 1 hr 22 min
David Chandler and Charles Duncan - CU Denver Executive MBA in Aviation
David Chandler and Charles Duncan discuss their backgrounds in aviation and academia, the importance of experience in education, and the innovative approach of the Executive MBA in Aviation program at the University of Colorado Denver. We discuss the significance of an MBA in aviation, the challenges of leadership transitions, and the role of companies in fostering employee development.
June 1 · 1 hr 39 min
David Rushe - President and CEO, Magellan Aviation Group
What actually happens to an aircraft at the end of its lifecycle, and how do lessors extract maximum value when the market shifts? In this episode, we sit down with David Rushe, President & CEO of Magellan Aviation Group, to pull back the curtain on the aircraft part-out and leasing secondary markets. From navigating the engine maintenance bottleneck to uncovering hidden gems in "tainted" airframes, Dave shares his journey from the west of Ireland to leading a global aviation asset management firm. Whether you are an aircraft investor, lessor, or aviation enthusiast, this episode is packed with macro-level insights into how the aftermarket supply chain is keeping the global fleet flying.
May 25 · 1 hr 39 min
Carlos Sierra - Partner, Abogados Sierra
Inside the Wild World of Aircraft Repossessions with Carlos | Season 4 Ep. 6 What happens when an airline goes bust, and someone has to take back a multi-million dollar commercial jet? In this episode, we sit down with aviation legal legend Carlos Sierra to explore the high-stakes, chaotic, and often dangerous world of aircraft leasing and hostile repossessions across Mexico and Latin America. From staring down the Armenian mafia in LA to deploying 80 riot-gear police officers on an active airfield and snatching a Russian Boeing 777 mid-sanctions in a 90-minute race against time—Carlos has done it all. If you think corporate law is just paperwork, think again.
May 3 · 1 hr 38 min
Tim Bacchus - Investor Relations Director, Avation PLC
We sit down with Tim Bacchus, Investor Relations Director for Avation, to trace his career journey and the strategic evolution of Avation within the aircraft leasing sector. Tim offers a deep dive into the unique hurdles and opportunities facing the regional and narrowbody markets, highlighting how Avation maintains its competitive edge. Our conversation spans the broader macro landscape—from the volatility of jet fuel prices and the ripple effects of global events to the post-pandemic resilience of lessors. We also tackle the shifting tides of airline consolidation, the long-term outlook for aircraft values, and why the industry remains bullish on the future of turboprops like the ATR.
April 27 · 1 hr 17 min
Steve Williamson - Chief Commercial Officer, Crestone Air Partners
Steve Williamson of Crestone Air Partners joins us for the most recent podcast to discuss aircraft leasing and investing in the new world of expensive fuel. We talk mid-life aircraft, the value of engines, and the potential for future markets.
March 23 · 1 hr
John Heimlich - VP and Chief Economist, Airlines for America
Industry expert John Heimlich shares his 25-year journey through the aviation sector, discussing key challenges like ATC modernization, industry crises, and future outlooks. This episode includes insights into the evolution of airline operations, regulatory hurdles, and the strategic moves shaping the future of aviation.
February 16 · 1 hr 28 min
Ian Gurekian - CEO, Avian Inventory Management
Ian discusses his roles at SH&E and GECAS, the challenges he faced in consulting, and his transition to Brigade Capital where he learned about aircraft leasing and finance. He also delves into the helicopter leasing market, the establishment of Waypoint, and the impact of fluctuating oil prices on the industry. The discussion concludes with insights on the grounding of the EC-225 and its implications for investors. In this conversation, Ian discusses the complexities of the aviation industry, particularly focusing on aircraft groundings, risk management, and the dynamics of the helicopter market. He shares insights on the founding of Avian, a company aimed at providing capital solutions around inventory in aviation. The discussion also touches on the competitive landscape of aviation financing, the importance of building relationships, and the challenges of educating the market about innovative inventory solutions. Ian reflects on his journey and the future direction of Avian, emphasizing the need for adaptability and strategic thinking in a rapidly changing industry.
February 5 · 1 hr 29 min
Steve Hennigan - Executive Director and CEO, Lee County Port Authority
Steve Hennigan shares his evolution from a pilot to a leader in airport operations. He pulls back the curtain on the complexities of managing hubs like Denver, Houston, and RSW—discussing everything from engineering runways for the Boeing 777X and navigating complex financial strategies to weathering hurricanes and planning for the future of travel. Steve recounts his journey from flying for FedEx and United to overseeing major airport operations. This episode dives into the business side of aviation, covering the strategic planning required for future infrastructure, the financial intricacies of bond refinancing and FAA funding, and the daily challenges of balancing market demands at RSW and Pagefield. Tune in for a behind-the-scenes look at how airports manage growth, natural disasters, and the passenger experience.
Dec 22, 2025 · 1 hr 21 min
Aaron Prothero - Vice President, Aerolease Aviation
Aaron Prothero shares his journey into the aviation industry, influenced by his family's background. Aaron discusses Aerolease's unique investment approach in aviation and in other alternative assets. We discuss the competitive landscape of trading in aviation, particularly focusing on the A330 market. Aaron shares insights on investment strategies, the impact of COVID-19 on the aviation industry, and the resurgence of the A330-300 as a viable aircraft. The episode also covers challenges in maintenance, repair, and operations (MRO), the future of widebody aircraft, and the evolving cargo market. Prothero emphasizes the importance of luck, strategic timing, and controlling feedstock in navigating the complexities of the aviation market.
Dec 2, 2025 · 1 hr 34 min
Jeremy Barnes - CEO, Falko
Jeremy Barnes shares his unconventional journey from banking to aviation, emphasizing the importance of analytical thinking and strategic partnerships in the aircraft leasing industry. He discusses the challenges faced during the early 90s, the evolution of Falko, and the significance of building relationships in the regional aviation market. Jeremy also highlights misconceptions about regional aviation and the need for a better understanding and valuation of the sector. In this conversation, Jeremy discusses the complexities and challenges of the regional aircraft market, including managing engine lifecycles, pursuing strategic acquisitions, and understanding customer needs. He emphasizes the significance of disciplined growth and the challenges of capital deployment in the aviation industry. The discussion also touches on the future of firefighting aircraft and the finite nature of regional aircraft production, highlighting the economic realities of developing new aircraft.
Nov 2, 2025 · 1 hr 52 min
Gary Weissel - Managing Officer, Tronos Aviation Consulting
Gary Weissel shares his extensive journey in the aviation industry, detailing his transition from aspiring doctor to aerospace engineer, his significant tenure at Delta Air Lines, and his eventual move into consulting and founding Tronos. He discusses the challenges and experiences he faced in various roles, including asset management and working with VIP aircraft, providing insights into the complexities of the aviation sector. Gary delves into the intricacies of aircraft completion centers, the artistry involved in VIP aircraft interiors, and the challenges of valuing these high-end modifications. We discuss innovations in aerial firefighting aircraft and the training of new engineers in the aviation industry. The conversation also touches on the complexities of navigating supply chain issues and certification processes in aircraft manufacturing. The complexities and challenges faced in the aviation industry, particularly focusing on regulatory compliance, certification processes, and the current supply chain issues, are also discussed. Gary highlights the importance of navigating regulatory challenges, the intricacies of compliance walks, and the impact of engineering bottlenecks on production capacity. Weissel also addresses the critical role of data access in retrofitting aircraft and the ongoing challenges in the supply chain, emphasizing the need for effective strategies to overcome these obstacles. We discuss the significant challenges faced in the aviation industry, particularly regarding layoffs and their impact on knowledge retention, the delivery strategies of Airbus and Boeing, the complexities of freighter conversions, and the unique challenges posed by modifying carbon fiber fuselages.
Oct 9, 2025 · 1 hr 39 min
Subodh Karnik - Continental, Northwest, Delta, Expressjet Alumni
Subodh Karnik shares his extensive career journey in the aviation industry, detailing his experiences from being a management consultant to working with major airlines like Northwest, Continental, and Delta. He discusses the impact of antitrust immunity on airline partnerships, the challenges faced by Caribbean airlines like Air Jamaica, and the emergence of new players like Arojet. The conversation also touches on the effects of 9/11 on Delta Airlines and the evolving landscape of low-cost carriers like Spirit Airlines. In this conversation, Courtney Miller and Subodh Karnik delve into the evolving landscape of the airline industry post-COVID, discussing the dynamics of low-cost carriers, market disruptions, and the impact of geopolitical events. They explore the future of airline business models, the role of loyalty programs, and the economic challenges facing airlines today. The discussion highlights the need for innovation in airline operations and the potential for disruption in loyalty programs as the industry adapts to changing consumer behaviors and economic conditions.
Sep 22, 2025 · 1 hr 33 min
Ryan Goepel - President and CFO, Global Crossing Airlines
In this episode, we sit down with Ryan Goepel, CEO of Global X (Global Crossing Airlines), to uncover the incredible story of building a successful charter airline from the ground up during a global pandemic. Ryan shares his unconventional journey from the finance and oil & gas industries to the C-suite of an airline—a transition kick-started by simply being "the Canadian guy" they needed for an investment. Learn about Global X's "hedgehog strategy" of flying "forgettable flights" and how their unique business model allows them to thrive by de-risking operations and maximizing the value of mid-to-late life aircraft. From harrowing rescue missions in Afghanistan during their first week of operation to a long-term bet on the A321 freighter market, this is a masterclass in scrappy, disciplined, and opportunistic growth in one of the world's toughest industries.
Aug 27, 2025 · 1 hr 22 min
Return of Richard Aboulafia - Managing Director, AeroDynamic Advisory
Richard discusses the evolving landscape of the aviation industry, focusing on the significant changes in the defense sector and their implications for commercial aviation. He emphasizes the importance of NATO alliances, the challenges posed by geopolitical tensions, and the need for new aircraft designs to meet market demands. The conversation also touches on engineering talent shortages, the role of AI, and the growing influence of China in global defense dynamics. Richard provides insights from the latest Air Show and highlights the mid-market aircraft opportunity as a key area for future growth.
Aug 20, 2025 · 1 hr 20 min
Eric Tanner - Chief Commercial Officer, Flair Airlines
Eric Tanner shares his lifelong passion for aviation, detailing his journey from a childhood obsession to a successful career in the airline industry. He discusses his educational background, the challenges he faced in network planning, and the unique dynamics of working at Flair Airlines amidst a competitive landscape. The conversation highlights the blend of art and science in aviation, emphasizing the importance of relationships and strategic thinking in network planning. Eric discusses the challenges and strategies in the airline industry, particularly focusing on revenue management, the dynamics of the North American market, and the economics of aircraft operations. He emphasizes the importance of understanding market needs and competition, as well as the implications of being a low-cost carrier in a highly regulated environment. The discussion also touches on the concept of being the 'last man standing' in the aviation sector and the complexities of aircraft leasing and operational strategies. We discuss the complexities of airport gate allocations, the strategic importance of airports as community assets, and the operational challenges faced by airlines. He emphasizes the need for a thoughtful approach to air service and highlights the role of loyalty programs in airline profitability. Tanner also reflects on the hubris associated with entering the airline industry and the necessity of operationalizing ideas in a geographically dispersed environment.
Jul 22, 2025 · 1 hr 23 min
George Ferguson - Senior Analyst Aviation, Bloomberg
George Ferguson shares his journey from a childhood fascination with aviation to a successful career in aerospace analysis at Bloomberg. We cover various themes, including the dynamics of the civil and defense aerospace sectors, the impact of NATO spending on European defense, and the challenges posed by supply chain issues. Ferguson also addresses the future of commercial aircraft development, the rise of Chinese competitors, and the importance of technological advancements in the industry. The conversation concludes with insights into the balance of risk in aerospace innovation and the ongoing evolution of the market. In this conversation, George Ferguson discusses the complexities of the aviation supply chain, particularly focusing on engine manufacturers and their reluctance to increase production capacity. He highlights the opaque nature of the industry and the challenges faced by manufacturers in balancing short-term profits with long-term sustainability. The discussion also touches on the role of AI in aviation analysis, the insights gained from the Paris Air Show, and the current state of business aviation, emphasizing the ongoing demand for private jets despite supply chain constraints.
Jul 1, 2025 · 1 hr 37 min
Return of Shannon Ackert - SVP, Jackson Square Aviation
Shannon discusses his newly launched book, 'Insights for Aviation Business Professionals,' which aims to bridge the knowledge gap in aircraft performance characteristics among finance professionals in the aviation industry. He elaborates on the key specifications that influence aircraft selection, emphasizing the importance of engine reliability and durability, as well as the operational characteristics that impact performance. The discussion also touches on the future of aircraft design, emphasizing the role of aerodynamics and the increasing value of maintenance in aircraft investment decisions.
May 20, 2025 · 1 hr 32 min
Donna Ager - Partner, Walkers
Donna Ager is our guest for this podcast - a legal expert in aviation. We discuss various aspects of aviation law, including the challenges faced by women in the field, the impact of AI on the industry, and the importance of networking and building connections.
May 7, 2025 · 1 hr 36 min
Phil Bolger - Abelo Capital Aviation, Forimidion Aviation, and Thrust Engine Trust
Phil Bolger shares his extensive journey in the aviation industry, detailing his early influences, the challenges he faced, and the evolution of aircraft leasing. He discusses the strategic growth of GPA, the dynamics of aircraft financing, and the innovations that have shaped the market. Phil also reflects on the role of leasing in airline operations and offers insights into the future of the industry. This conversation delves into the evolution of aircraft leasing, highlighting the significant changes in financing structures, the role of joint ventures, and the impact of sale-leasebacks on the industry. The discussion also covers the risks and challenges faced by lessors today, the importance of maintenance in leasing agreements, and the dynamics of access to capital in the aviation market. In this conversation, the speakers delve into the current state and future of the aviation leasing market, discussing the lack of innovation in financing, the role of leasing companies, and the importance of understanding residual values and engine management. They explore the dynamics of regional aircraft, the impact of M&A trends, and the strategies that lessors can adopt to navigate the evolving landscape. The discussion highlights the significance of technical knowledge in driving value and the challenges of accurately appraising aircraft and engines.