What Happened
Aviation Leasing Platform Prepares For Next Stage Of Growth
Altavair, a leading commercial aviation leasing and financing platform, has announced a planned leadership succession. Stephen Rimmer will transition to Executive Chairman, while Matthew Hoesley will assume the role of CEO and President. Dimitrios Kotinis has been promoted to Chief Commercial Officer. This transition follows a $1.4 billion equity commitment from KKR to expand Altavair’s global portfolio of leased commercial aircraft. The leadership changes are effective January 1, 2027, and were reported by Business Wire.