AELF expands global commercial team with key hires in Asia, Middle East, and Africa

Aircraft Engine Lease Finance (AELF) has bolstered its global commercial team with the addition of two key hires, Yong Kang "YK" Tay and Kevin Phelan, to expand its marketing reach in key international regions.

Joe Cirillo, President and Chief Commercial Officer at AELF, stated, "With a robust capital markets foundation, we are poised to enhance our deal origination capacity while maintaining our strategic focus. We carefully selected YK and Kevin to align with our needs, culture, and future vision. Their contributions will significantly deepen our presence in Asia, the Middle East, and Africa."

YK Tay, Senior Vice President, Marketing - Asia, will base his operations in Singapore. Tay joins from Aircastle, where he held the position of Senior Vice President of Marketing for Asia-Pacific, overseeing critical business development activities such as lease origination, airline partnership building, and commercial transaction structuring. Prior to Aircastle, he worked as an advisor at ICF, specializing in aviation clients. Tay holds an M.Sc. in Global Finance from NYU Stern and a B.Eng. in Mechanical Engineering from the National University of Singapore.

Kevin Phelan, Vice President, Marketing - Middle East & Africa, is based in Dublin. He brings extensive experience from Clover Aviation Capital, where he was responsible for originating and placing aircraft and engine transactions with Japanese equity investors across the EMEA region. Phelan previously worked at GTLK Europe, focusing on aircraft transaction origination and execution, and at Goshawk, where he managed global lease portfolios and airline relationships. He holds a Diploma in Aviation Leasing and Finance from the Law Society of Ireland and a Bachelor of Law degree from University College Cork.

Founded over a decade ago, AELF is a US-based commercial aircraft lessor offering customized, flexible capital solutions to airlines, lessors, banks, and non-traditional aircraft owners. The company operates primarily with A330 and 737 aircraft types, acquiring assets on lease with a broad range of airline partners and also reactivating dormant or stub-leased assets through maintenance and re-marketing programs. AELF is part of the Expedition Partners group. For more information, visit www.aelfinc.com or www.expeditionpartnersllc.com.