Henri Courpron to Head Seabury Group's New Aerospace Division

    Seabury Introduces Cargo Advisory and Aviation Services Businesses

    NEW YORK, June 13 /CNW/ - Seabury Group today announced that aerospace
executive Henri Courpron will join Seabury effective July 2007 as President of
its newly formed Aerospace Division and as Regional Head for Europe, Middle
East and Africa for Seabury's broader transportation advisory practice.

    Mr. Courpron's last assignment was with Airbus where he was most recently
Executive Vice President, Procurement at Airbus headquarters in Toulouse,
France. Mr. Courpron, 44, held a number of executive positions during his
20-year career with Airbus, including President and Chief Executive Officer of
Airbus Industrie, North America ("ANA").

    Mr. Courpron had been responsible for all procurement activities
worldwide at Airbus, managing all supplier relations, and ensuring timely
delivery of all purchased goods on-cost and with the proper quality since July
2005. He also was a member of the Airbus Executive Committee. During his
tenure in the US from 1992 through 2005, Airbus' presence grew steadily to a
sustained 50% market share in North America.

    Martin Wills, Managing Director, who to date has spearheaded Seabury's
marketing in Europe, the Middle East and Africa, will work closely with Mr.
Courpron, focusing on Seabury's new cargo, aircraft leasing, asset management
and related information technology businesses.

    New Aerospace Division

    Mr. Courpron will develop and lead a new Seabury advisory group, to be
initially headquartered in Europe, that will focus on bringing to the global
aerospace sector Seabury's expertise in equity and debt capital raising,
mergers and acquisitions, strategy and operational consulting, and IT software

    "Henri, who is a recognized seasoned executive in the global aerospace
and aviation industries, will anchor Seabury's continued global expansion of
its global transportation practice that spans aerospace, aviation, cargo,
logistics and maritime," said John E. Luth, Seabury Group's Chairman,
President and CEO. "His knowledge, experience and industry relationships are
highly applicable and synergistic to Seabury's core aviation practice that in
recent years has become principally based outside the United States."

    "I have seen John Luth and the Seabury team in action for many years,
consistently making a positive difference for their clients," said Mr.
Courpron. "Their expertise in the industry is second to none; their customers'
satisfaction and loyalty are remarkable. Seabury's expansion plans will give
European aerospace executives access to tremendous resources."

    Mr. Courpron began his professional career with Aerospatiale (now EADS)
in 1987, before joining Airbus, where he held executive positions in Contracts
and Sales. He was appointed as Airbus North America Senior Vice President
Sales and Marketing in 1998, President and Chief Operating Officer of the
company two years later, and CEO in 2001. In this position, he supervised all
customer-related Airbus activities in North America.

    Mr. Courpron was born in Lyon, France. He graduated in 1985 in the field
of Computer Science from Ecole Nationale Superieure d'Electrotechnique
d'Electronique d'Informatique et d'Hydraulique ("ENSEEIHT") in Toulouse, where
he specialized in artificial intelligence.

    Acquisition of Cargo Advisory Group/Global Trade Database

    Seabury also has acquired a global cargo, freight and logistics advisory
group composed of veteran cargo specialists based in Amsterdam and New York,
along with a proprietary cargo/trade database that captures proprietary data
about all forms of freight movement at points of origin, intermediate points,
and final destinations. Similar to Seabury's existing proprietary software and
databases for the global aviation industry, the Seabury Cargo Global Trade
Database ("CGTD") allows Seabury to provide the world's trade flows by mode of
transport for 2000 commodities worldwide. CGTD clients include airlines,
integrators, shipping lines, airports, ports and logistics companies. CGTD
allows clients to improve commercial decision-making with regard to market and
industry developments, sourcing, enhancing and modeling data from customs
offices around the world.

    New Technical Services/Asset Management Affiliate

    Seabury also formed a new affiliate, SGI Aviation Services B.V., based in
Amsterdam, which has completed the acquisition of International Aircraft
Management B.V., an independent aircraft technical advisory firm. Along with
this acquisition, SGI has secured technical contracts covering globally 250
aircraft from banks, and leasing and asset management firms. SGI offers a
range of services including delivery/redelivery, audit inspections, technical
due diligence, aircraft acquisition programs and consulting on regulatory
compliance, thereby providing a complete suite of aircraft technical services.

    "I'm delighted that the team of IAM B.V. has joined SGI," said Martin
Wills. "With the addition of these professionals, we will be able provide
excellent service to our customers."

    Seabury Group is the leading independent transportation-focused
investment banking and advisory firm serving aviation, cargo, logistics and
maritime clients on a global basis in investment banking, restructuring,
private equity due diligence, and management consulting. The company's
professionals have advised over 100 clients worldwide in the aerospace,
airline, 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 ten largest airline financial or operational
turnarounds around the globe in the last 15 years.

    For more information, please see: http://www.seaburygroup.com

For further information:

For further information: Seabury Group Karen C. Cook, +39-075-830-7039
Director of Communications kcook@seaburygroup.com

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