Aerway Leasing, LLC (Aerway) is an aviation leasing company based out of Waterford, Wisconsin. Aerway is an aviation leasing, asset management, and sales company. Aerway actively acquires, manages, leases, trades and tears down commercial aircraft and engines. Aerway acquires assets from various sources including Airlines (domestic & abroad), financial institutions, and leasing organizations. Aerway’s approach to transactions primarily consists of two philosophies 1). Value Added and 2). True Metal Value. Aerway actively seeks assets that require value added improvements either through technical enhancement, lessee management, or new mission profile i.e. conversion. In connection with the value added component Aerway will seek opportunities for acquisition from a True Metal Value perspective which allows for flexibility of disposal of the asset either through sale, lease restructure or teardown of the aircraft. In parallel with the above mentioned, Aerway Leasing has established a presence within the industry that has afforded Aerway the ability to acquire assets with lease’s attached provided they meet the economic objectives that are established for said transaction.
At Aerway LLC, we are dedicated to providing our customers with the highest quality aircraft and aviation services. With over 20 years of experience in the industry, our team is committed to ensuring that every customer receives personalized attention and exceptional service.
We offer a wide range of aircraft types to meet your specific commercial needs. Our fleet is well-maintained and equipped with state-of-the-art technology to ensure your safety and comfort.
Founder and Managing Director of Aerway Leasing, Former Co-Founder and Managing Director of Aurora Aviation Group, LLC and Former Co-Founder and Managing Director of RPK Capital Management Group, LLC. Direct experience with over $1 Billion in Aircraft Portfolio Assets that involved the sales, leasing, debt acquisition, financial structuring, remarketing of the portfolio and tear down management. Mr. S. Kennicott began his Aviation career in 1997 as an accounts Manager of Business Development in North America for Aviation Systems International, Inc. Prior to starting his Commercial Aviation career Mr. S. Kennicott was and Assistant Manager at his Family businesses Milwaukee Branch location. In 1988 Mr. S. Kennicott joined the United States Army and was trained as turbine systems mechanic, serving 4 years on active duty. Additionally, Mr. S. Kennicott served 2.5 more years in the United States Army Reserve as a transportation specialist. While in the military Mr. S. Kennicott attended the University of Maryland European Division. Following his honorable discharge Mr. S Kennicott attended the University of Illinois Chicago majoring in Business Management and minoring in Finance. Stephen@aerwayllc.com
Director of Asset Management . Mr. D Kennicott attended Lynn University in Boca Raton Florida for Advertising and Design/Marketing, while attending school he worked at Aviation System International (ASI). Mr. D Kennicott worked in the Quality control department inspecting and identifying parts. After collage Mr. Kennicott joined the family business, Kennicott Brothers Company (KBC), a Company that has been in Business since 1881. At KBC Mr. D. Kennicott was an Information Technology Manager, while at KBC he implemented two accounting and order entry systems, as well as managing the data base. In 2008 Mr. Kennicott joined Aurora Aviation Group as Director of Information Systems to implement AerData asset management system and performed monthly asset management tasks for our clients. David@aerwayllc.com
Controller, Ms. Brown attended University of Wisconsin-La Cross graduating in 1991. She join Aerways team in 2022 and her responsibilities included treasury functions, financial reporting, budgeting, interfacing and training with the financial side of the asset management system and providing monthly reports to our venture partners. Mary@aerwayllc.com
General Counsel. Mr. Demnicki attended Loyola University for undergraduate studies and St Louis University to obtain his law degree. Mr. Demnicki worked for Vedder Price LLP, a leading US law firm specializing in Aviation. Mr. Demnicki has personally invested in multiple aircraft since 1998 and is currently one of our investors. Michael@aerwayllc.com
If you have any questions or would like to learn more about our services, please don't hesitate to contact us. Our friendly and knowledgeable team is always available to assist you.
Aerway currently provides asset management services for several investment companies. Aerway manages over 25 commercial aircraft and engines. Throughout the last three decades, Aerway has provided asset management services for various funds, such as Goldman Sach, Varde Partners Incorporated, Cargill Incorporated, Dune Capital Management and Victory Park Capital. In the last three decades Aerway has been involved in the purchase over 180 commercial aircraft and engines of various types (B737-200, -300, -400 & -500, B757-200, A320, A319, MD80, ATR42, Fokker 27 and Fokker 50), 11of B737-300 and 2 of the B737-400 aircraft were managed and converted to freight aircraft at PEMCO World Air Services and/or Aeronautical Engineers (AEI). With the help of members of various professionals at RPK Capital Management, Aurora Aviation Group and Aerway Leasing have provided the above mentioned services to their asset management partners.
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