With the help of the outstanding executive team assembled in CGI, Johan sees another opportunity to leverage those same relationships in a new venture — Volarge.
This new venture will take advantage of certain capital and operating dislocations in select emerging countries and aircraft leasing markets.
Volarge’s mission is not just to be another aircraft lessor, but to provide a strategic leasing options in emerging markets.
In many cases, these emerging countries are tourist destinations, but don’t fly in their own tourists. The countries are leasing aircraft directly from the airlines, and the government guarantees those airline routes. This means the profits from tourism are going to the airline, instead of the country.