Eastern Air Holdings appoints Mark L. Ebanks as EVP of Aircraft Management and Leasing
Ebanks will lead the development of aircraft leasing and asset management business operations. He will also oversee the transition and adaptation of Eastern's Boeing 777 aircraft in both passenger and express freighter cargo configurations into the commercial aviation marketplace.
Mark L. Ebanks joins Eastern Air Holdings as executive vice president of Aircraft Management and Leasing effective November 1, 2021. Ebanks will be based at Eastern's Wayne, PA headquarters.
Ebanks will lead the development of aircraft leasing and asset management business operations. He will also oversee the transition and adaptation of Eastern's Boeing 777 aircraft in both passenger and express freighter cargo configurations into the commercial aviation marketplace and will play a critical role in the placement of these aircraft into Eastern's B777 express freighter service.
During his 35-year career, Ebanks has held leadership roles in strategic and international commercial operations, marketing, asset management, and business development across aircraft financing and aviation services. Prior to joining Eastern Air Holdings, he most recently served as aerospace company iAero Thrust's Chief Commercial Officer. Following a 19-year career with CIT's Aerospace Group, Ebanks held senior roles at China Development Bank Aviation and Azorra Aviation.
“We are extremely excited that Mark is joining our leadership team. He brings a wealth of knowledge and experience from more than two decades of aircraft management, leasing, and trading operations,” said Steve Harfst, Eastern Air Holdings President and CEO. “Mark will provide strong leadership and play a critical role in shaping the future of our aircraft portfolio including its commercial outreach promoting our new B777 Express Freighter's introduction to the market and furthering our commitment to building long-term relationships with airline operators globally.”
Eastern's B777 express freighter will be a fully certified, Class-E cargo aircraft with a main deck capable of carrying a full load of volumetric express cargo non-stop between large markets such as Asia and the US, among other inter-continental and regional markets. Due to enter service in Q1 2022, the Eastern B777 Express Freighter will be first to market with this aircraft type.
“I am thrilled to join the Eastern family at such an exciting time in the industry. It's an honor for me to help lead Eastern's pioneering efforts within the paradigm shift in the cargo business,” said Ebanks.
Ebanks will work closely with the teams at Eastern's wholly owned subsidiaries, Foxtrot Aero LLC which will be the holder of the Express Freighter STC and Alta Aero Technic (formerly Florida Modifications Specialists) which is Eastern's maintenance, repair, and overhaul station based in Kansas City, MO.