Mr. Willits has over 38 years of experience in the aircraft sales and leasing industry. He started his career with Douglas Aircraft in product support for MD-80s, DC-10s and MD-11s, and later joined the Douglas sales team as an Area Sales Director selling over 200 MD-80 aircraft to American Airlines, Midway Airlines and leasing companies.
In the late 1980s Mr. Willits joined Potomac Capital Investment Corporation (a subsidiary of Potomac Electric Power Company, the utility for the District of Columbia) where he helped to build and later manage a $1B aircraft lease portfolio. Also during his employment at PCI, Mr. Willits was an active member of the Equipment Lessors Association and on various occasions lobbied the US Congress for changes to both the federal tax code and bankruptcy laws and spoke before a Presidential Commission on Airline Competitiveness. In the late 1990s he joined Tombo Aviation (a wholly subsidiary of Mitsui & Co.) as Executive Vice President where he handled all portfolio management actives for Tombo's aircraft investments. This included negotiating with Boeing on the acquisition of new 737NG deliveries, performing sale-leasebacks with airlines and remarketing aircraft coming off lease, as well as managing a sales force based in the US, Europe and Asia.
Mr. Willits formed JetStar Partners in 2006 in order to offer his aircraft lease management experience to other investment companies (services include lease negotiations, portfolio management and, remarketing services), as well as launching the JetBase Asset Management Software System. JetBase was created as a result of Mr. Willits' real-time aircraft lease portfolio management requirements.
Mr. Willits has been an active member of the ISTAT Association (International Association of Aircraft Traders) over the past 26 years and previously was the the ISTAT Foundation Chairman, and served on the ISTAT Board.
John Cloggie - Maintenance Operations & Technical Management
Mr. Cloggie has over 45 years of aviation experience, John brings an in depth understanding of fleet operations, technical, fleet management, supply chain, MRO, PBH and other support concepts as well as considerable expertise in OEM negotiations and relationships.
Mr. Cloggie was most recently a Vice President & Chief Technical Officer in Bristow and prior to that was the Business Unit Director for Bristow’s expansive European Operations. Other roles included being the Technical Director of both onshore and offshore helicopter operators and the Managing Director of an MRO and composite parts manufacturer. John is a CAA Licensed Engineer and a Fellow of the Institute of Directors.