Aircraft Leasing Veteran Named Airbus Americas CEO

Airbus has named Jeff Knittel, a longtime veteran of the commercial aircraft leasing business, as the new Chairman and CEO of Airbus Americas.

Knittel will formally take over January 12, 2018, replacing retiring CEO Barry Eccleston, who has led Airbus' business in the Americas since 2005. Eccleston will officially leave Airbus February 28, 2018. Allan McArtor, who has been the Chairman of the Airbus Americas board since 2001, will remain with Airbus as Chairman emeritus of Airbus Americas.

Knittel is CEO of C2 Aviation Capital, the former aircraft leasing arm of CIT Group that was acquired by Irish lessor Avolon earlier this year for $10.4 billion.

Knittel, who had been with CIT since 1986, had been President of CIT Transportation Finance prior to the Avolon transaction.