Senior Managing Director, Corporate Investment Banking
Michael B. Cox is Senior Managing Director, Corporate Advisory & Investment Banking. Mr. Cox joined Seabury as a partner in Seabury’s principal advisory practice in April 1998. He has over 30 years of corporate and advisory experience covering corporate recovery, cash management, business planning and crisis management. At Seabury, Mr. Cox has advised numerous airline and helicopter clients on a variety of projects, including airline treasury, corporate finance, and airline restructuring. In addition, Mr. Cox has been qualified as an industry expert in various commercial disputes involving aircraft leasing matters, airline valuations and business plans for the passenger, helicopter and cargo sector.
Mr. Cox has led a number of airline restructuring engagements including recent engagements for CHC, Waypoint Leasing, Frontier Airlines, South African Airways, Air Mauritius, and Gulf Air. Mr. Cox also advised a bondholder group holding over USD2.4 billion in claims with American Airlines in its Chapter 11 reorganization. Mr. Cox also led the Seabury team in successfully restructuring of the aircraft debt/lease obligations for the reorganization efforts at US Airways, Air Canada and Northwest Airlines.
Prior to joining Seabury, Mr. Cox was a Director at Price Waterhouse LLP where he led the aviation consulting/restructuring group. Mr. Cox also worked for Continental Airlines, Inc. for 11 years where he served in a variety of financial positions including Vice President and Treasurer. At Continental he initiated and structured numerous financings to increase cash reserves and finance fleet acquisitions. He also led negotiations for a variety of financial instruments including leveraged leases, tax leases, operating leases, secured debt, DIP financing, common stock equity offerings, public debt offerings and airport IRB financing.
Mr. Cox received his M.B.A. in Finance and Accounting from the University of Texas, Austin and his B.B.A in Business Management from Texas A&M University where he graduated magna cum laude. Mr. Cox is a FINRA registered representative with the Series 7, 79 and 63 designations.