NexGen Aviation Capital is a global aircraft asset manager and investor, focused on commercial aviation assets and businesses.
We provide industry-leading aircraft investment and lease management services for our world-class investment partners. With proprietary capital plus a successful track record for our outside investors, we seek deals in both specific investment theses and opportunistic situations.
NexGen Aviation Capital is an investor and asset manager in commercial aircraft and engines, having executed approximately $1 billion of aircraft transactions with particular emphasis on the following strategies:
-Mid-life and older commercial aircraft with multiple re-marketing strategies including freighter conversion and disassembly
-Freighter aircraft of all sizes and generations
-New generation aircraft offering step-function improvement in airline operating economics.
NexGen Aviation Capital provides its investor partners the full suite of leasing and asset management services, utilizing over 35 years of in-house experience combined with a global network of specialized service providers. Asset management services span the full lifecycle of an aircraft investment.
Origination, Valuation & Structuring
-Investor Specific Origination
-Robust Pricing Modeling
-Conservative Deal Valuation
-Flexible Structuring Including Operating Lease, Finance Lease, Lease to Part-Out, Asset Trading, and Creative Debt Structures
-Aircraft Delivery, Technical Acceptance
-Rent Invoicing and Payment Tracking
-Maintenance Oversight and Financial Management
-Periodic Operator Audit: Financial/Credit, Technical/Operational, and Administrative
-Updates to Lease Agreement, Notices, Financial Escalations
Marketing & Remarketing
-Direct Operator Contacts
-Industry-wide Coverage via Network, Publications, Brokers
-New Operator Value Proposition
-Sale and Lease Negotiation and Structuring
Storage & End of Life Management
-Disassembly, Part Out Sales
-Storage Facility Management
-Storage Program Management & Optimization
Farhood founded NexGen Aviation Capital in 2007 as a platform for principal investing in aircraft assets and aviation companies. Under his leadership NexGen has led over $1 billion in aircraft transactions.
Farhood's experience combines executive management, principal investing, and management consulting, with a family legacy spanning 40 years in the aviation industry. Prior to NexGen, Farhood served as head of strategy and business development for Atlas Air Worldwide Holdings (nasdaq AAWW), holding responsibility for corporate strategy, fleet transactions, corporate development, and new business initiatives. On behalf of Atlas, Farhood led over $4 billion in transactions including an order with Boeing as a launch customer for the B747-8F.
Farhood spent the first 5 years of his career as a management consultant at Ernst & Young. Farhood holds a BS in Finance and International Business from New York University's Stern School of Business, and an MBA from Columbia Business School.
Ivo Kirilov, Director
Ivo leads NexGen’s office in Singapore, managing origination, marketing and analytics. Ivo has transacted on over 70 aircraft over his 20 year career in aviation and finance.
Ivo is a seasoned aviation finance professional, with unique mix of commercial and analytical experience in consulting, finance, aircraft leasing, marketing and trading acquired at leading global aviation-focused organisations. Ivo’s aircraft leasing career started at Guggenheim Aviation Partners (now known as Altavair) where he served as Senior Analyst and developed the investment funds’ analytical core, including asset/investment pricing, portfolio management, airline credit, and fund performance. Ivo previously served at BOC Aviation as Manager of Portfolio Planning & Analysis and ICF SH&E as a Director providing consulting services to airlines and aviation investors.
Ivo started his career at Salomon Smith Barney (now known as Citigroup) and is versatile communicator in 8 languages, including fluency in Bulgarian, English, Italian, and conversational Mandarin. Ivo holds a BA in Economics from Macalester College in St. Paul, Minnesota.
Paul Sawhny, Technical Director
Paul leads NexGen's technical activities in support of transactions and aircraft under management, drawing from over 30 years of experience in technical and commercial roles.
Paul has managed hundreds of aircraft deliveries, re-deliveries, maintenance visits, and modifications, including dozens of freighter conversions. He is the founding member of Clipper Aviation, Inc., established in 1992, through which he advises leading leasing companies and airlines on commercial aircraft and engines. Previously, Paul served as Vice President of Fleet Planning and Technical Operations at Atlas Air.
Paul holds a BS in Mechanical Engineering from Polytechnic University of New York and an MBA from Columbia Business School..
NexGen Aviation Capital has offices in New York and Singapore.