NEW YORK, April 29, 2009 – Seabury Aviation & Aerospace LLC today announced that Heinrich Loechteken, former Chief Investment Officer of AerCap, has joined the firm as Senior Advisor. Mr. Loechteken, whose background includes executive positions with DaimlerChrysler Capital Services and Deutsche Bank, will advise Seabury’s clients in the areas of aircraft financing and leasing.

Mr. Loechteken was with Amsterdam, Netherlands-based AerCap for six years, first serving as Chief Financial Officer of what was formerly debis AirFinance. He was responsible for all commercial and technical aspects of investments in aircraft, joint ventures and securitizations.

Prior to that, he served in executive positions with DaimlerChrysler in Europe and the United States for seven years. As Executive Vice President & Chief Financial Officer of DaimlerChrysler Capital Services (the U.S. subsidiary of Berlin-based DaimlerChrysler Services) in Norwalk, Conn., he was in charge of treasury, accounting, IT and operations, credit risk and asset-liability management, and controlling in 19 companies in North America, Europe and Asia for all Capital Services business. He also was a member of the Executive Credit Committee of DaimlerChrysler Services. Before that he served as Chief Credit Officer for DaimlerChrysler Services where he handled all aspects of credit risk management for the company’s automotive and non-automotive lending activities.

Mr. Loechteken began his career with Deutsche Bank in its Corporate Customers department in Berlin.

“We are extremely pleased that Heinrich will be working with Seabury’s clients as they explore options for managing through the current credit markets situation.” said John E. Luth, Chairman, President and CEO of Seabury Capital LLC. “We expect that his expertise in aircraft finance and leasing will be of great interest to our clients.”

Mr. Loechteken said, “These are indeed challenging times in the aircraft financing and leasing markets, and I am looking forward to working with Seabury and its clients to help devise solutions for operating in this economic environment.”

Mr. Loechteken, a German citizen, graduated from the University of Muenster, Germany, with a Diplom-Kaufmann, with majors in finance and bank controlling.

About Seabury

Seabury Aviation & Aerospace LLC, which is the primary unit of Seabury, is the largest investment banking and advisory practice serving aviation, aerospace, and cargo. Through its 175 professionals based in 10 offices on four continents, Seabury provides advisory services spanning investment banking, restructuring/corporate recovery, management consulting, IT development, and advisory services covering human capital. Seabury has advised over 250 clients spanning Africa, Australia, Asia, Europe, the Middle East, and the Americas.

Seabury was awarded Airfinance Journal’s “North American Deal of the Year” for the $750 million equity offering structured and placed for Northwest Airlines in 2007. In October 2008, Seabury raised $1.1 billion for US Airways Group, Inc. In 2005, Seabury arranged $2.2 billion of financing for the merger of US Airways and America West Airlines, and served as M&A advisor for US Airways. In 2004 Seabury raised $1.6 billion of equity and debt exit financing for Air Canada’s successful reorganization under CCAA. In total, Seabury has raised over $30 billion of capital financing for airlines, including over $3.5 billion of equity financing.

Seabury is the leading global restructuring advisor in the aviation industry, having successfully managed seven of the 10 largest airline restructurings or corporate recoveries in the world. Those successful assignments include Air Canada (2004), America West (2001), Avianca (2005), Continental Airlines (1995), Northwest Airlines (2007), and US Airways (2005). Avianca is the only non-US airline to have reorganized under US Chapter 11 laws. Seabury currently is advisor to Frontier Airlines and Midwest Airlines (both US carriers) in their reorganization efforts.

Seabury’s Airline Planning Group is a leading provider of software tools for network and fleet planning, alliance valuation and planning, and scheduling. Seabury’s Cargo Advisory Group is the leading provider of global trade data and cargo/freight capacity information, and Seabury Aerospace provides strategic, financial and operational advisory services to the aerospace industry on a global basis.

Seabury Capital also provides similar services covering the financial services industries, and through its SeaCap Securities broker-dealer, serves as investment banker for structured investment products offered on a global basis.

For more information, please visit: https://www.seaburycapital.com