Seabury Group - Investment Banking & Advisory Services

NEW YORK, August 14, 2007 – Seabury Group today announced that it has promoted three executives and added 13 new professionals to its consulting practice, which focuses on strategy, operational improvements and major operational turnarounds for the aviation, aerospace, cargo and other transportation industries. .

Dr. Matthew Bresler was promoted to Senior Vice President. He has nine years of experience in aviation consulting, including more than four years at Bain & Company. His expertise includes strategy development; maintenance, repair and overhaul (MRO); mergers and acquisitions; due diligence; competitor strategy and cost reduction. He joined Seabury in 2004 as a Vice President.

Myles Goeller was promoted to Senior Vice President. He has more than eight years of worldwide consulting experience, including cost reduction, maintenance restructuring, strategy and implementation. He joined Seabury in 2004 as a Vice President after more than four years at Bain & Company.

Craig Segor was promoted to Senior Vice President. His expertise includes business analysis and modeling, contract negotiation, implementation, strategy, cost reduction, and due diligence. He has more than seven years of consulting and airline experience. He joined Seabury in 2004 as a Vice President after more than three years with Bain & Company.

Geoffrey Weston has joined the firm as a Senior Vice President. He has more than 12 years of airline and consulting experience. He held positions of Vice President of Cargo and Vice President of Network Management and Alliances at Royal Jordanian Airlines, and senior positions at Bain & Company and other consulting firms in the United Kingdom and Latin America.

Dr. Sarah Henry has joined the firm as Vice President of Human Resources. She has 15 years of global consulting experience with Accenture, IBM Business Consulting Services and Towers Perrin.

Also joining Seabury are one Senior Associate and five Associates with previous experience in consulting companies and aviation/aerospace companies, including Delta Air Lines, SR Technics, and Bombardier Aerospace, in addition to three Senior Analysts and two Analysts.

“These promotions and new additions to Seabury reaffirm our commitment to expanding our industry-leading advisory services,” said Joseph Schottland, Managing Director and head of Seabury’s strategy and operational consulting practices. “Seabury and its clients operate in a global environment, and our international staff, with its diverse mix of experience in top-tier consulting firms and leading aerospace and aviation industry companies, enables us to offer the types of focused expertise and counsel necessary for our clients to succeed in an intensely competitive industry.”

Seabury Group is the leading independent transportation-focused investment banking and advisory firm serving aviation, aerospace, cargo and maritime on a global basis, in three different areas: investment banking, corporate recovery/restructuring and a broad range of management consulting services. The company's professionals have advised over 100 clients worldwide in the airline, aerospace, cargo/logistics and maritime sectors, as well as private equity investors interested in those sectors. Seabury has led or been a significant participant in seven of the 10 largest airline financial or operational turnarounds around the globe in the last 15 years.

Its management consulting division works with clients on their most critical strategic and operational issues. Their typical assignments range from broad-based and targeted cost-reduction initiatives, and fleet, network and strategy development to operational turnarounds and private equity investor due diligence. Their client list extends from the most distressed to the most successful airlines in the world as well as an array of global aerospace and aviation suppliers.