Investment Banking Executive John Nozell Joins Seabury

NEW YORK, June 2, 2009 -- Seabury Aviation & Aerospace LLC today announced that John Nozell has joined the company as Managing Director, Investment Banking, with responsibility for the firm’s practice in Europe, the Middle East and Africa.

Most recently Mr. Nozell was Chief Investment Officer of AWAS Aviation Services, Ltd., Dublin, Ireland, where he was responsible for portfolio management and strategy, and oversaw financial analysis for all aircraft transactions, including acquisitions, divestitures, re-leases and extensions. He also was a member of the Boards of Directors of AWAS Aviation Capital, Ltd. and AWAS Ireland, Ltd.

Mr. Nozell began his career in finance with The Chase Manhattan Corporation (now JP Morgan Chase & Co.) in New York. He held various positions during the 18 years he was with the company, including Managing Director, Global Investment Banking, and Regional Head of the Airlines & Aerospace Group in London, where he managed client relationships throughout Europe, the Middle East and Africa.

“John has an outstanding background and proven track record in aviation finance and is the perfect executive to lead our investment banking initiative in Europe, the Middle East and Africa,” said Henri Courpron, President, Europe, and Head of Aerospace.

Mr. Nozell said, “I am thrilled to be joining the Seabury team of top-tier professionals serving the aviation and aerospace sector. I have been fortunate to have had experience at all levels of the capital structure, as principal as well as advisor, and this perspective should prove useful for our clients during these challenging times.”

Mr. Nozell also spent five years as Executive Vice President of Finance & Operations and Chief Financial Officer of Advion BioSciences, Inc. in Ithaca, New York, and as a member of the Board of Directors of Advion BioSciences, Ltd., Norwich, U.K. He earned his MBA from the Samuel Curtis Johnson Graduate School of Management, Cornell University, and his B.A. cum laude, with honors in Economics, from Colgate University, Hamilton, New York.

About Seabury
Seabury Aviation & Aerospace LLC, which is the primary unit of Seabury, is the largest investment banking and advisory practice serving aviation, aerospace, and cargo. Through its 175 professionals based in 10 offices on four continents, Seabury provides advisory services spanning investment banking, restructuring/corporate recovery, management consulting, IT development, and advisory services covering human capital. Seabury has advised over 250 clients spanning Africa, Australia, Asia, Europe, the Middle East, and the Americas.

Seabury was awarded Airfinance Journal’s “North American Deal of the Year” for the $750 million equity offering structured and placed for Northwest Airlines in 2007. In October 2008, Seabury raised $1.1 billion for US Airways Group, Inc. In 2005, Seabury arranged $2.2 billion of financing for the merger of US Airways and America West Airlines, and served as M&A advisor for US Airways. In 2004 Seabury raised $1.6 billion of equity and debt exit financing for Air Canada’s successful reorganization under CCAA. In total, Seabury has raised over $30 billion of capital financing for airlines, including over $3.5 billion of equity financing.

Seabury is the leading global restructuring advisor in the aviation industry, having successfully managed seven of the 10 largest airline restructurings or corporate recoveries in the world. Those successful assignments include Air Canada (2004), America West (2001), Avianca (2005), Continental Airlines (1995), Northwest Airlines (2007), and US Airways (2005). Avianca is the only non-US airline to have reorganized under US Chapter 11 laws. Seabury currently is advisor to Frontier Airlines and Midwest Airlines (both US carriers) in their reorganization efforts.

Seabury’s Airline Planning Group is a leading provider of software tools for network and fleet planning, alliance valuation and planning, and scheduling. Seabury’s Cargo Advisory Group is the leading provider of global trade data and cargo/freight capacity information, and Seabury Aerospace provides strategic, financial and operational advisory services to the aerospace industry on a global basis.

Seabury Group also provides similar services covering maritime and the financial services industries, and through its SeaCap Securities broker-dealer, serves as investment banker for structured investment products offered on a global basis.

For more information, please visit: www.seaburygroup.com

Contact: Karen C. Cook
Director of Communications
kcook@seaburygroup.com
+1 212 475 8132