Air Lease announced the appointment of Grant Newman as Senior Vice President and Treasurer, effective March 17.

Newman is an experienced finance, strategy and aviation executive, with over 20 years in finance, more than 15 of which have been in aviation and aerospace. He most recently served as the CFO of Elroy Air, an aerospace start-up, from 2021-2025, where he led the finance, supply chain, government affairs and legal departments. Prior to that Newman was SVP, Strategy & Corporate Development at Era Helicopters where he led the company’s M&A, capital markets and strategic initiatives including the divestiture of DART Aerospace and Era’s $1.5 billion merger with Bristow Helicopters.

He subsequently served as the combined company’s Treasurer & Head of Investor Relations. Newman began his professional career in 2001 at General Electric (GE), where he graduated from GE’s Financial Management Program and was certified as a Lean Six Sigma Black Belt. He also spent a decade as an investment banker at Deutsche Bank covering transportation, aviation and commercial aerospace. He has an MBA from Duke University and received an MS in Finance as well as a BS with a double major in Economics and Government & Politics from the University of Maryland, College Park.

“We are pleased to have Grant join the Air Lease team,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of Air Lease. “Grant’s strong background in corporate finance and aviation brings years of experience to the Treasurer role.”