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Jump Seat to Advise Blackstone Credit & Insurance on Aircraft Engine Leasing

Jump Seat to Advise Blackstone Credit & Insurance on Aircraft Engine Leasing
Jump Seat Advisor, a consultancy established by aviation finance veterans Michael Platt and John Shavinsky, has been appointed to support Blackstone Credit and Insurance in its strategic aircraft engine leasing partnership with Willis Lease Finance Corporation (WLFC). Blackstone plans to invest over $1 billion within the next two years, targeting both current and next-generation aircraft engines, alongside select aircraft acquisitions.
Advisory Role and Expertise
In its advisory capacity, Jump Seat has already conducted a thorough review of WLFC’s initial portfolio of engines and leases on behalf of Blackstone. The consultancy will continue to provide expert guidance as the partnership progresses. Michael Platt, Partner at Jump Seat, emphasized the value of their involvement, stating, “It is a pleasure to be working with the professional teams at Blackstone and WLFC to help ensure that Blackstone acquires high quality assets.” With over 70 years of combined experience in aviation finance and leasing, Platt and Shavinsky bring deep industry knowledge aimed at enhancing value within this engine leasing collaboration.
Jump Seat’s advisory services are further bolstered by partnerships with Star Aero Services and Aero Engine Consulting, which expand the consultancy’s technical and market expertise. John Shavinsky, Partner at Jump Seat, highlighted the strength of their network, noting, “Through our industry-wide network, Jump Seat has access to the top experts in every facet of commercial aviation, which enables us to offer an expanded range of services and insights to our customers.”
Market Challenges and Competitive Landscape
Despite the promising partnership, Jump Seat faces significant challenges in advising Blackstone within the highly competitive aircraft engine leasing sector. The consultancy must navigate the complexities of aviation asset financing, ensure strict regulatory compliance, and contend with established industry players such as Bridgepoint Group and WLFC itself. The market is already experiencing increased competition, which may lead to pricing pressures as new capital enters the sector.
Competitors are actively responding to these dynamics. Bridgepoint Group, for instance, has launched a joint venture with AIP Capital, while WLFC’s partnership with Blackstone exemplifies a broader trend toward strategic alliances designed to maintain or expand market share.
As Blackstone advances its ambitious investment strategy, the collaboration with Jump Seat is expected to be instrumental in asset selection and risk management, influencing the evolving landscape of aircraft engine leasing.

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