Victor Pacheco stands as a pioneer in the aviation industry’s ongoing mission for accessibility and affordability. Nearly a decade ago, confronted with sky-high airfares and limited travel options for Dominicans, Victor embarked on a bold quest to reshape the landscape of air travel.
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
The 10 Most Influential Leaders in the Aviation & Aerospace Industry (1).pdf
1. VOL 03 I ISSUE 18 I 2024
Victor
Victor
Victor
Pacheco’s
Pacheco’s
Pacheco’s
Approach to Leadership
Approach to Leadership
in Aviation
in Aviation
Approach to Leadership
in Aviation
Navigating the Skies:
Navigating the Skies:
Navigating the Skies:
The 10
Most Influen al
Aviation &
Aerospace
LEADERS
Industry
in the
Victor Pacheco
Chief Executive
Officer
Arajet
Resurrec ng the
Concorde Era
The Race for
Supersonic Travel
Green Skies
Sustainable Innova ons
in Avia on Fuel
2. Aviation is Proof that Given the will,
we have the Capacity to Achieve
the Impossible.
Aviation is Proof that Given the will,
we have the Capacity to Achieve
the Impossible.
5. n the vast expanse of the sky, where dreams take
Iflight and innovation knows no bounds, leaders in
the aviation and aerospace industry stand as the
architects of tomorrow's possibilities. Their vision,
determination, and relentless pursuit of excellence are
shaping the industry's future, propelling humanity
towards new horizons and beyond.
At the heart of this sector, these leaders are not
merely pilots of their respective companies; they are
pioneers, pushing boundaries and challenging
conventions. Their influence extends far beyond
boardrooms and hangars, reaching into the realms of
technology, sustainability, and global connectivity.
Innovation lies at the core of their ethos. From
revolutionary aircraft designs to cutting-edge
propulsion systems, these leaders are driving the
industry towards extraordinary levels of efficiency,
safety, and performance. They understand that
stagnation is not an option in the advancing time.
Thus, they foster a culture of creativity and
experimentation, encouraging their teams to think
boldly and embrace the unknown.
Moreover, sustainability is not just a buzzword for
these leaders-it's a moral imperative. Recognizing the
environmental impact of aviation, they are
spearheading initiatives to reduce carbon emissions,
minimize waste, and embrace renewable energy
sources.
By investing in eco-friendly technologies and
practices, they are not only safeguarding the planet
but also future-proofing their businesses against
regulatory pressures and consumer demands.
However, perhaps their greatest contribution lies in
their commitment to fostering talent and diversity
within the industry. Recognizing that innovation
thrives on diversity of thought and perspective, they
are championing initiatives to attract and retain a
diverse workforce. By breaking down barriers and
promoting inclusivity, they are ensuring that the
aviation and aerospace sector remains a vibrant and
inclusive ecosystem where everyone has the
opportunity to soar.
As we look to the skies of tomorrow, let us take a
moment to appreciate The 10 Most Influential
Leaders in the Aviation & Aerospace Industry who
are shaping the future of the industry. Their
dedication, ingenuity, and passion are transforming
the way we travel and explore and are inspiring
generations to come. In their hands, the sky is not the
limit—it's just the beginning of a new chapter in
humanity's journey towards progress and discovery.
Flip through the pages and have a delightful read!
Approaching in Flight to Innovations
AnishMiller
6. 14 18 28
Claus Grunow
Driving Innovation in Corporate
Strategy and Digitalization
in the Aviation industry
Giuseppe Carusi
Pioneering the Future
of Underwater Exploration
Tim Barber
Redefining Aircraft
Acquisition Strategies
PROFILE PROFILE PROFILE
Resurrec ng the
Concorde Era
The Race for Supersonic Travel
32
Green Skies
Sustainable Innova ons
in Avia on Fuel
22
A R T I C L E S
C X O
The Story of Sonja Kohn
26
9. Brief
Company Name
Claus Grunow
VP, Corporate Strategy
& Digitalization
Claus has been dedicated to driving organizational success
through effective strategic planning and execution
Bob Criner
Co-founder and
CEO
Bob is a visionary entrepreneur and business leader, known for
his strategic acumen and passion for innovation.
Stralis Aircraft (YC W23)
stralis.aero
Fraport AG
fraport.com
Antoine Rostworowski
Senior Vice President,
Programmes and
Commercial Services
Antoine plays a pivotal role in driving strategic initiatives and
overseeing commercial operations for the organization.
Airport council International
aci.aero
Giuseppe Carusi
Founder and CEO
Under Giuseppe's leadership, the company has achieved
significant milestones and garnered recognition for its
groundbreaking solutions and services.
iSpace2o Srl
ispace2o.com
Mohamed Rahma
Director of Air
Transport Bureau
Mohamed's dedication to excellence and commitment to
innovation have earned him recognition as a trusted authority in
air transport management.
International Civil Aviation
Organization
icao.int
Featured Person
Tim Barber
Aircraft Sales and
Acquisition
From market analysis and valuation to negotiation and closing,
Tim is dedicated to ensuring a seamless and successful
experience for his clients.
Steve Armitage
Head of Technology
Design & Innovations
Steve has been dedicated to driving positive change through
technology, with a focus on delivering impactful solutions that
address real-world challenges.
Heathrow
heathrow.com
Duncan Aviation
duncanaviation.aero
Sonja Kohn
Founder
Sonja emerges as a pivotal figure with a rich history of
pioneering contributions.
BESTFIT Ltd.
bestfithi.com
Victor Pacheco
CEO
Víctor continues to lead the organization with integrity,
passion, and a relentless drive for success, positioning it for
continued growth and excellence in the years to come.
Arajet
arajet.com
Sue-anne Munckton
CEO and Business and
Training Manager
Sue's collaborative approach and focus on employee
development have earned her recognition as a trusted leader
and mentor in the organization.
Civil Aviation
Academy Pty Ltd
caaa.com.au
10. Victor Pacheco’s
Approach to Leadership in Aviation
Navigating the Skies
My influence in the aviation industry
is centered on encouraging the
democratization of the skies in the
whole American continent while also
promoting a culture of innovation,
safety and excellence at the best
market prices.
Cover Story
12. V
ictor Pacheco stands as a pioneer in the
aviation industry’s ongoing mission for
accessibility and affordability. Nearly a decade
ago, confronted with sky-high airfares and limited
travel options for Dominicans, Victor embarked on a
bold quest to reshape the landscape of air travel. His
determination stemmed from the stark reality of pricey
tickets and his family’s deep-rooted ties to financial
services within the Dominican diaspora.
Despite facing initial doubts from investors even within
his own family, Victor pressed on undeterred. Fueled by
meticulous research and resolve, his vision for a
budget-friendly connecting airline in the Dominican
Republic persisted.
To be precise, his efforts bore fruit in August 2015,
when Victor received certifications from the Instituto
Dominicano de Aviación Civil (IDAC) and the Junta de
Aviación Civil (JAC) to launch flying operations. This
milestone marked the beginning of his journey as a
resolute leader in the Dominican aviation sector. By
June 28, 2017, Victor took on the role of Chief
Executive Officer at Arajet, pioneering the
establishment of the country’s first low-cost carrier.
In November 2021, Victor expanded his influence
beyond Arajet, taking on the role of Chairman at Laytrip,
Inc.—a global layaway travel provider facilitating real-
time flight and hotel bookings worldwide.
Throughout his career, Victor’s commitment to
innovation and growth has remained untiring. During
Arajet’s launch ceremony on March 14, 2022, he
announced a strategic partnership with Bain Capital
and Griffin Global Asset Management, reinforcing
Arajet’s mission to revolutionize air travel in the
Dominican Republic and beyond.
Join the tale of leadership that exemplifies resilience,
innovation and a relentless pursuit of democratizing air
travel for millions of travelers!
Shared Leadership Strategies
Approaching leadership in the aviation and aerospace
sector demands a nuanced perspective. Victor reflects,
“In my experience, it’s about fostering a top-tier team to
accomplish our objectives.” He acknowledges the
multifaceted nature of the industry and recognizes the
impossibility for any individual to possess every
requisite skill.
“Shared leadership is my mantra,” he emphasizes. “I
believe in assembling a talented team, each proficient in
their respective roles, to collectively propel us towards
success.” Victor’s approach underscores the
collaborative essence essential for navigating the
complexities of aviation. It’s not merely about
individual prowess but harnessing collective expertise
towards common goals.
His philosophy resonates beyond aviation and
advocates for inclusive leadership styles adaptable to
diverse fields. Victor epitomizes the essence of
collaborative leadership, steering his team towards
excellence in the skies and beyond.
Connecting Continents
“At Arajet, our mission transcends mere business
objectives,” Victor affirms. “We’re dedicated to
democratizing the skies across the American continent.”
With fervor, he speaks of instilling a culture marked by
innovation, safety and excellence, all while maintaining
competitive prices. This aspiration, once his personal
dream, now galvanizes the entire Arajet team. “We’re
committed to making travel accessible to everyone,” he
declares.
Victor envisions transforming the Dominican Republic
into the premier connecting hub of the Americas. It’s
not just about strategic geography—it’s about the
warmth, professionalism and exceptional customer
experience offered by the people. He believes Arajet is
As a leader, I bet on
transparency and direct
and open
communication to ensure
that every team member
understands how
important their roles are
to our passenger’s safety
and the success of Arajet.
13. poised to set a new benchmark for excellence in the
industry.
Through firm dedication to their lofty standards, Arajet
is primed to lead by example, setting a course for
unparalleled service in the aviation sector. With
Victor’s vision at the helm, Arajet isn’t just flying planes;
they’re shaping the future of air travel.
Safety First
The aviation realm requires navigating complexity
demands transparency and clear communication.
Victor asserts, “Every team member at Arajet plays a
crucial role in ensuring passenger safety and our company’s
success.” He champions an open office format at
headquarters fostering a familial atmosphere where
connections flourish.
Victor’s emphasis on transparency underscores his
commitment to inclusivity and collaboration, vital
components in the aviation industry’s intricate
landscape. By prioritizing direct and open
communication, he cultivates a sense of shared
responsibility and purpose among team members. In
Victor’s vision, every individual contributes to the
collective mission ensuring Arajet’s continued
dedication to safety and excellence in the skies.
Curiosity Fuels Progress
Innovation thrives on curiosity. Victor affirms, “At
Arajet, we foster a culture where every team member is
empowered to contribute ideas.” Through collaborative
efforts including brainstorming sessions and
partnerships, Arajet remains at the forefront of
emerging technologies and trends.
Victor’s emphasis on continuous learning and
adaptation ensures their business model evolves to
meet the needs of the ever-changing aviation
landscape. By embracing a mindset of curiosity and
encouraging staff involvement at all levels, Arajet is
introducing innovative solutions and sustainable
growth in the industry.
Mutual Success
Effective stakeholder relationships hinge on proactive
engagement and mutual respect. Victor notes,
14. “Our focus is on shared goals and a commitment to mutual
success.” He stresses the importance of trust and long-
term rapport in the aviation sector.
“Partnerships must be built on integrity and accountability,”
he emphasizes. Victor’s approach underscores the
significance of transparent and principled interactions
with stakeholders. By prioritizing trust and mutual
benefit, Arajet cultivates enduring relationships vital
for navigating the complexities of the aviation industry.
Flying Green
“Sustainability is ingrained in Arajet’s identity,” Victor
asserts. “From naming our aircraft after natural parks to
investing in fuel-efficient technology, we prioritize eco-
conscious practices.” Arajet boasts one of Latin America’s
most efficient fleets, with Boeing 737 8 MAX aircraft
equipped with ultra-quiet CFM LEAP-1B engines.
Victor highlights the substantial environmental
benefits: “Our new fleet emits 350,000 metric tons less
CO2 and saves over 250 million pounds of fuel annually.”
Continuous improvement is key—Arajet implements
measures for operational efficiency, including daily
flight plans based on updated data to minimize
emissions.
Through these initiatives, Arajet not only reduces its
environmental footprint but also promotes sustainable
tourism internationally. Victor’s commitment to
sustainability underscores Arajet’s role as a responsible
steward in the aviation industry, setting a precedent for
eco-friendly practices that benefit both passengers and
the planet.
Cultivating Talent, Elevating Aviation
Arajet is revolutionizing aviation in the Dominican
Republic. Led by seasoned professionals from top
airlines worldwide, we foster a culture of knowledge
transfer and opportunity. Victor envisions a virtuous
cycle wherein aviation becomes an example of
opportunity in the Dominican Republic.
“Our goal is to empower Dominican professionals to rise
through the ranks,” he affirms. Arajet’s commitment to
nurturing local talent ensures that the aviation sector
My dream is to generate a
virtuous cycle of knowledge
transfer in the Dominican
Republic, transforming aviation
into a sector synonymous with
opportunity.
15. not only thrives but also becomes a vehicle for upward
mobility and success. By investing in its people, Arajet
not only elevates the industry but also paves the way
for a brighter future for aviation in the Dominican
Republic.
Weathering the Storm
“Resilience is the name of the game,” Victor asserts.
“Building Arajet over nine years instilled in us a
commitment to overcoming challenges.” He highlights the
team’s resilience and adaptability in navigating
uncertainties. Victor emphasizes, “We prioritize scenario
planning and risk management to minimize disruptions.”
Arajet’s culture fosters cost efficiency without
compromising quality, laying a robust foundation to
weather potential downturns.
Victor’s dedication to surpassing obstacles underscores
Arajet’s steadfastness in the volatile aviation sector. By
embracing resilience and proactive measures, Arajet
not only survives but thrives amidst complexity. This
resilience is a guiding principle that ensures Arajet’s
longevity and success in the face of adversity.
Communication in the Clouds
Victor reflects. “I’m a leader in progress, always seeking
challenges and learning opportunities.” He underscores
the importance of effective communication in the
safety-focused aviation industry. He asserts that
openness, empathy and transparency are crucial.
Victor’s commitment to continuous growth and clear
communication ensures a strong foundation for
leadership in the aviation sector. By prioritizing these
qualities, he fosters trust and collaboration within his
team driving success and safety in the skies.
The Sky’s the Limit
“Democratizing the skies is my goal,” Victor reiterates.
“Making air travel accessible and safe across America.” This
succinctly captures his overarching mission in the
aviation sector—to expand access to safe and reliable
air travel for all.
16. Claus Grunow
VP of Corporate Strategy
& Digitaliza on
Fraport AG
www.ciolook.com | March 2024 |
14
17. Claus Grunow
Driving Innovation in Corporate Strategy and
Digitalization in the Aviation industry
ntering the realm of corporate strategy and
Etransformation, Claus Grunow, VP of Corporate
Strategy & Digitalization at Fraport AG, brings a
wealth of experience carved from years of dynamic
roles within the transportation industry. Commencing
his journey at Deutsche Bahn AG in 2005, he quickly
ascended through the ranks by spearheading pivotal
projects in quality and innovation management.
By 2010, his strategic acumen led him to the helm of
Deutsche Bahn’s global growth strategy heading major
M&A endeavors and overseeing the realignment of
substantial business units.
Transitioning to Deutsche Bahn Connect GmbH in
2014, Claus embarked on a transformative mission of
revitalizing the new mobility sector with innovative
strategies and initiatives. Under his leadership, the
division reversed its financial trajectory and also
birthed two successful spin-offs propelling the com-
pany into new realms of success and influence.
In 2019, Fraport welcomed Claus into its fold, entrust-
ing him with the monumental task of fortifying the
company’s digital maturity amidst the challenges of the
COVID-19 pandemic. With firm determination, Claus
and his team have fostered a robust ecosystem of over
800 partners, driving rapid innovation across all facets
of Fraport’s global operations. Additionally, he has
championed a cultural shift towards agile corporate
management while nurturing talent within his team and
paving the way for a future brimming with strategic
foresight and innovation.
On a mission of strategic innovation and digital transforma-
tion, let’s dive into an exclusive interview with Claus
uncovering the future of transportation and corporate
strategy!
Tell us more about your company and its mission and
vision.
Fraport AG is a leading global airport operator and
service company based in Germany. The company has a
significant international presence with investments and
operations in 30 airports around the world. Fraport AG
also provides a range of airport-related services,
including ground handling, retail and real estate
management, along with security services. With
Frankfurt Airport, Fraport operates one of the busiest
and most important airports in Europe. Fraport is
known for its focus on sustainable and environmentally
friendly airport operations and is committed to
delivering high-quality services to passengers and
airlines. Only recently, we introduced our new
corporate strategy named ‘Fraport.2030.’
The realignment of our group strategy includes the
introduction of a new corporate slogan—Connecting the
world with tomorrow. It reflects the shift in our group
strategy and provides a new emotional umbrella for the
same. Serving as a mission statement, the slogan
constitutes a pledge that clearly and memorably
reflects our commitment. Its language, message and
visual design highlight the Fraport Group’s values and
international identity.
In the future, we will see
ourselves even more
strongly as a large
community that is united
by a common
understanding—At
Fraport, we s ck together
across all divisions and
Group companies and
support each other.
“
“
www.ciolook.com | March 2024 |
15
18. In response to political, economic, and societal trends,
the aviation industry is evolving more than ever before.
Customers now expect airport operators to maintain
outstanding infrastructure with exacting standards of
security, efficient and digitalized processes, along with
convincing products and services. Society, investors
and policymakers are also stepping up their demands
for our industry to make tangible contributions to
protecting the climate and environment.
Last but not least, there is a shortage of workers across
all roles and qualifications, particularly—airport
operators are impacted by this. The resulting strategic
challenges make it necessary to update the group’s
strategy. With Fraport.2030, we are therefore laying
the groundwork for addressing future strategic
challenges, seizing opportunities and ensuring our
enterprise’s future viability.
What methodologies do you implement that
contribute to new growth opportunities?
Our corporate group’s Fraport.2030 strategy contains
fundamental decisions on the direction in which we
want to head. It is aimed at sustainably safeguarding
the future and profitably growing our business. In
addition to pointing the way for the long-term
development of our business, the new Fraport.2030
group strategy also addresses the changed
expectations that customers have regarding the
products and services of a globally leading airport
operator. We therefore regard it as a shared and
overarching task to ensure a pleasant passenger
journey for our customers.
This goal is reflected in our three main strategic
priorities—growth and sustainability, innovation and
efficiency, and being an employer of choice. Our group’s
further cultural evolution will also play an important
role in attaining our strategic aims while emphasizing
the strategic dimension of working together within our
mission. By defining these focuses for our long-term
corporate development, we are making it clear that we
don’t regard growth and sustainability as contradictory
aims but rather as inseparable prerequisites for our
future success.
To further contribute to the group’s growth, Fraport is
also sticking with proven methodologies like our Open
Pitch Day which serves as a public application and
pitching project to give various providers the
opportunity to present their ideas and use cases for our
Fraport airports. The format was developed to drive
forward future innovations in all areas of the company
and thus improve our competitive position.
The winning technologies from the Open Pitch Day will
begin a project with Fraport AG’s Digital Factory. The
Digital Factory is a virtual organizational unit
comprised of digitalization and technical experts. It
works to further develop digitalization at Fraport and
to promote digital transformation throughout all of our
customer processes. Using our knowledge in
combination with new solutions and opportunities to
create the future of aviation, we hope to successfully
contribute to new growth opportunities.
What strategies do you implement to promote gender
diversity for various leadership positions at your
company?
Numerous studies have shown that mixed male and
female management teams benefit businesses, Fraport
therefore aims to appoint more women to executive
www.ciolook.com | March 2024 |
16
19. roles. The goal is to appoint a minimum proportion of
30 percent of women to senior management roles. The
current figures show that we ended the 2021 fiscal year
with 27.1% of women at the first and second reporting
levels of the Group (at Frankfurt Airport), meaning that
we have not yet achieved our target.
To promote gender diversity, an extended package of
measures and the new Group-wide program
‘Empowering Leaders’ are shining a light on female
employees in particular, to encourage them to apply for
executive roles. Male employees and fathers in
management are also being supported—for instance, if
they want to take on more family responsibility. These
initiatives promote and strengthen not just diversity at
Fraport AG, but our entire corporate culture.
Within the Corporate Strategy team, we are committed
to diversity and have a female quota of 50%. I am also
personally involved as a mentor in various programs
that serve to promote young female employees.
What values do you incorporate to enhance the work
culture of your company?
For us, it is all about our values—Competence and
reliability, in combination with commitment, openness,
courage, and trust mark the heart of our work and
success. Strong cooperation is the most important
lever. The successful implementation of the new Group
strategy Fraport.2030 also requires further
development of our working methods as part of our
corporate culture.
In the future, we will see ourselves even more strongly
as a large community that is united by a common
understanding—At Fraport, we stick together across all
divisions and Group companies and support each other.
Only by working together, we can achieve our
aspirations and goals!
What, according to you, could be the next significant
change in your sector? How are you preparing for the
change?
The most important strategic challenges in the aviation
industry are growing customer expectations, increased
relevance of sustainability and a tense labor market
situation. Fraport will embrace these challenges and
promote commitment to change, especially
demographic change can be a catalyst for innovation.
From a customer perspective, the use of Artificial
Intelligence is likely to significantly change the travel
experience at the airport. It is quite conceivable that a
completely contactless and touchless travel process
will be possible in the future. Biometric baggage drop-
off and biometric passage through certain checkpoints
are already possible today. Further, technical
innovations will help to initially reduce waiting times
and eventually eliminate waiting times altogether. The
customer experience can thus be individualized and
raised to a new level.
With this course of action, we are making Fraport ready
for a successful future!
Where do you envision yourself to be in the long run
and what are your future goals for your company?
In 2030, we will impress our customers across all
categories with our products, services and effective
innovations while ensuring that passengers at all of our
airports are delighted with our excellent service and
quality. Our operations will be characterized by
smooth, frictionless processes allowing us to work
much more efficiently.
Additionally, we will have evolved into a truly
international group with a culture, mindset and
knowledge-sharing that reflect our global reach. In the
future, we will also be recognized as one of the most
attractive employers in the aviation industry fostering a
management culture based on mutual trust, curiosity
and performance recognition.
Furthermore, we will be the company with the world’s
best know-how for operating climate-friendly airports
achieving financial success, robustness and stability
while growing profitably. We will have successfully
expanded our international business, acting sustainably
and considering ourselves as part of each region in
which we operate.
www.ciolook.com | March 2024 |
17
20. Don’t shy away
from chalenges.
Embrace them as
opportunities for
growth and learning.
Overcoming
obstacles will only
make you more
resilient and
capable.
Giuseppe Carusi
Founder & CEO
iSpace2o
www.ciolook.com | March 2024 |
18
21. Giuseppe Carusi
Pioneering the Future of Underwater Exploration
G
iuseppe Carusi—Founder & CEO at iSpace2o, is
rising above the crowd with a profound
connection to the sea and a relentless drive for
innovation amidst the vast expanse of the maritime
industry. Hailing from the coastal town of Marina di
Carrara, Italy, where his fascination with the ocean took
root, Carusi’s journey into the depths of maritime
innovation began early. From his youth spent sailing the
waves to exploring its depths as a diver, Carusi
developed a keen awareness of the limitations plaguing
marine technologies.
In 1992, while in California, he embarked on a ground-
breaking endeavor with a friend, contributing to the
development of the pioneering Bionic Dolphin—the
world’s first submersible hydrofoil. Hindered by the
technological constraints of the era, the project lay
dormant until the advent of electric powertrains and
Ion Lithium batteries. With renewed vigor in 2015,
Carusi resurrected his vision culminating in the design
of the DeepSeaker—a revolutionary underwater craft.
Today, as the visionary leader behind iSpace2o, Carusi
remains steadfast in his mission to propel the maritime
sector into a new era of sustainable innovation.
Let’s discover the depths of innovation with Carusi as he
shares his journey of revolutionizing the maritime industry
in an exclusive interview!
Tell our audience more about your company and its
mission and vision.
In 2019, I founded iSpace2o as an innovative startup to
develop the DeepSeaker to which a series of electric
boats and water toys were recently added. Today, we
are in the process of acquiring a production facility in
Sardinia to carry out prototyping and aim to having the
first e-boats ready for the market before end of 2024.
What methodologies do you implement that
contribute to new growth opportunities?
iSpace2o is implementing robotic technology as 3D
printers for prototyping parts and 6-axis
anthropomorphic robots to carve models and build
molds. Also, the latest CNC machinery and 3D
modeling software will help us in our creations.
First of all, iSpace2o is an R&D company dedicated to
implementing high-tech solutions from other fields, like
automotive and aerospace into marine craft
engineering as well as using eco-sustainable materials
like Paulownia wood for decks and onboard furniture as
well as recyclable materials in construction.
iSpace2o wants to be a think tank for young talents
willing to share their creativity in designing and
building the marine crafts and technologies of
tomorrow with an eye towards sustainability and lower
carbon footprint. We have a plan to become net zero
carbon by planting a number of Paulownia trees—with
the ability to absorb 10 times the CO2 of any other
tree—to compensate for the carbon footprint of every
boat that we will produce.
We are also keeping an eye towards the future by
experimenting with hybrid hydrogen technology on our
powertrains to be able to transition our boats to the
cleanest available fuel nature offers in the near future.
Please share your learning of the business world.
I have been in marketing for years in various field
applications related to industrial production
equipment. The boating industry has experienced
various trends, including a growing demand for
recreational boating. There has been a rise in the
popularity of smaller, more affordable boats driven by
younger consumers and those new to boating.
www.ciolook.com | March 2024 |
19
22. Advancements in technology have influenced the
design and manufacturing of boats with a focus on fuel
efficiency, automation and smart technologies. Electric
and hybrid propulsion systems have gained attention as
the industry explores more sustainable options. This
has prompted the development of eco-friendly
technologies and materials.
Recreational boating is a significant driver of the
industry. Key segments include powerboats, sailboats,
yachts, and personal watercraft. Consumer preferences
are diverse and understanding as well as adapting to
changing preferences is vital for success.
What strategies do you implement to promote gender
diversity for various leadership positions at your
company?
In iSpace2o, we advocate for diversity and inclusion in
the workplace. We recognize the value of diverse
perspectives and work towards creating an inclusive
environment for everyone. iSpace2o will establish and
communicate clear equal opportunity policies to ensure
that all employees have an equal chance of
advancement regardless of gender.
We will offer leadership development programs
specifically designed to identify and nurture the talents
of women within the organization. This may include
mentorship programs and skill-building initiatives.
What values do you incorporate to enhance the work
culture of your company?
In iSpace2o, it is the results that count and we believe
that the wellbeing of our workforce is paramount. To
this extent, we will provide flexible work arrangements,
such as remote work options or flexible schedules to
accommodate the needs of both men and women
particularly those with caregiving responsibilities. This
includes creating an environment where all employees
feel respected, included and have a sense of belonging.
What, according to you, could be the next significant
change in your sector? How are you preparing for the
change?
We are keeping an eye towards the future by
experimenting with hybrid hydrogen technology on our
powertrains to be able to transition our boats to the
cleanest available fuel nature offers in the near future.
I think the boating industry in general is becoming more
and more focused on low environmental impact so
cleaner energy propulsion systems and to a certain
extent also self-generation of energy by solar, wind and
hydrogen will be key.
Where do you envision yourself to be in the long run
and what are your future goals for your company?
I hope that iSpace2o will set a new standard in the eco-
sustainable marine ecosystem as well as lead the way in
sustainable energy powertrain innovation and
innovative applications to obsolete marine
technologies. I hope to bring iSpace2o to the forefront
of the industry and expand to world markets.
What advice would you give to the next generation of
women leaders willing to venture into the modern
business arena?
Have confidence in your abilities and believe that you
deserve a seat at the table. Trusting yourself is the first
step towards gaining the confidence of others. Stay
curious and commit to continuous learning, the
business world evolves rapidly and therefore being
adaptable and open to acquiring new skills will serve
you well.
Don’t shy away from challenges. Embrace them as
opportunities for growth and learning. Overcoming
obstacles will only make you more resilient and capable.
Be assertive in communicating your achievements and
aspirations. Don’t Fear Failure—Failure is a natural part
of the learning process. Don’t let the fear of failure hold
you back. Instead, view it as an opportunity to learn,
grow and refine your approach.
Embrace your unique qualities and use them to your
advantage in leadership. As you progress in your career,
use your influence to advocate for other women.
Support initiatives that promote gender equality and
create opportunities for women in the workforce.
Remember that every leader’s journey is unique and
there is no one-size-fits-all approach. Adapt these
pieces of advice to your personal circumstances and
aspirations. Always stay true to your authentic self.
www.ciolook.com | March 2024 |
20
26. T
he aviation industry is increasingly embracing
sustainable innovations in aviation fuel as part of
efforts to mitigate its environmental impact and
transition towards a greener future. This article
explores the latest developments in sustainable
aviation fuel (SAF), highlighting initiatives aimed at
reducing carbon emissions, enhancing energy
efficiency, and promoting environmental stewardship in
the skies.
Rise of Sustainable Aviation Fuel (SAF)
Sustainable aviation fuel, derived from renewable
feedstocks such as biomass, waste oils, and synthetic
fuels, offers a promising alternative to conventional jet
fuel derived from fossil sources. SAF has the potential
to significantly reduce greenhouse gas emissions and
contribute to the aviation industry's sustainability
goals.
Biofuels and Biomass-to-Liquid (BTL) Technologies
Biofuels produced from biomass sources, including
algae, plant oils, and agricultural residues, are being
developed as sustainable alternatives to traditional jet
fuel. Biomass-to-liquid (BTL) technologies convert
organic waste materials into high-quality synthetic
fuels, providing a renewable and carbon-neutral
solution for aviation fuel production.
Waste-to-Energy Initiatives
Waste-to-energy initiatives are harnessing organic
waste streams, such as municipal solid waste,
agricultural residues, and food waste, to produce
renewable fuels for aviation. By diverting waste from
landfills and incineration, these initiatives reduce
greenhouse gas emissions and promote circular
economy principles in the aviation sector.
Synthetic Fuels and Power-to-Liquid (PtL)
Technologies
Synthetic fuels produced through power-to-liquid (PtL)
processes, which utilize renewable electricity to
produce hydrogen and synthetic hydrocarbons, offer a
scalable and sustainable solution for aviation fuel
production. PtL technologies enable the use of
renewable energy sources, such as solar and wind
power, to decarbonize the aviation sector.
Hydrogen Aviation
Hydrogen-powered aircraft represent a cutting-edge
innovation in sustainable aviation, offering zero-
emission flight with only water vapor as a byproduct.
Research and development efforts are underway to
develop hydrogen fuel cells, hybrid-electric propulsion
systems, and liquid hydrogen storage solutions for
commercial aviation applications.
Carbon Offsetting and Emission Reduction Strategies
In addition to sustainable fuel alternatives, the aviation
industry is implementing carbon offsetting and
emission reduction strategies to mitigate its
environmental impact. Carbon offset programs,
sustainable aviation partnerships, and operational
efficiency measures help airlines and airports minimize
their carbon footprint and support global climate goals.
Government Incentives and Policy Support
Government incentives, subsidies, and policy
frameworks play a crucial role in promoting the
adoption of sustainable aviation fuel and driving
innovation in the aviation sector. Tax incentives, grants
for research and development, and carbon pricing
mechanisms encourage investment in sustainable
aviation technologies and infrastructure.
Collaboration and Industry Partnerships
Collaboration between industry stakeholders, including
airlines, aircraft manufacturers, fuel suppliers, and
government agencies, is essential for advancing
sustainable innovations in aviation fuel. Public-private
partnerships, industry consortia, and research alliances
facilitate knowledge sharing, technology transfer, and
market deployment of sustainable aviation solutions.
www.ciolook.com | March 2024 |
24
27. Certification and Standards Compliance
Ensuring the safety, performance, and sustainability of
sustainable aviation fuel requires adherence to
rigorous certification standards and regulatory
frameworks. Certification bodies, such as the
Roundtable on Sustainable Biomaterials (RSB) and the
International Sustainability and Carbon Certification
(ISCC), verify the sustainability credentials of aviation
fuel feedstocks and production processes.
Investment in Research and Development
Continued investment in research and development is
essential for accelerating the development and
commercialization of sustainable aviation fuel
technologies. Funding for research initiatives, pilot
projects, and demonstration facilities supports
innovation in feedstock cultivation, fuel production,
distribution infrastructure, and aviation biofuel testing.
Biofuels and Sustainable Feedstocks
Aviation biofuels derived from sustainable feedstocks
such as algae, waste oils, agricultural residues, and non-
food crops offer a renewable alternative to
conventional jet fuel. These biofuels have the potential
to significantly reduce greenhouse gas emissions and
dependence on fossil fuels while promoting agricultural
sustainability and rural development.
Hydrogen-Powered Aircraft
Hydrogen-powered aircraft represent a promising
avenue for sustainable aviation. They leverage
hydrogen fuel cells or combustion engines to generate
clean energy for propulsion. Hydrogen offers high
energy density and emits only water vapor when
burned, making it an environmentally friendly
alternative to traditional jet fuel.
Electric Propulsion and Hybrid Technologies
Electric propulsion systems and hybrid-electric aircraft
are gaining traction as viable solutions for reducing
emissions and noise pollution in aviation. Electric
aircraft utilize battery-powered electric motors or
hybrid systems combining traditional engines with
electric propulsion to achieve lower fuel consumption,
quieter operation, and reduced environmental impact.
Carbon Capture and Utilization (CCU)
Carbon capture and utilization (CCU) technologies
capture CO2 emissions from industrial processes or
directly from the atmosphere and convert them into
valuable products, including synthetic fuels, chemicals,
and building materials. CCU offers a pathway to
decarbonize aviation by offsetting emissions from jet
fuel combustion and promoting circular economy
principles.
Renewable Aviation Fuels Certification and Standards
Establishing robust certification schemes and
sustainability standards for renewable aviation fuels is
crucial to ensure their environmental integrity and
market acceptance. Industry initiatives such as the
Roundtable on Sustainable Biomaterials (RSB) and the
Sustainable Aviation Fuel Certification Program (SAF-
Cert) are working to develop criteria for verifying the
sustainability and traceability of biofuels.
www.ciolook.com | March 2024 |
25
31. Tim Barber
Redefining Aircra Acquisi on Strategies
im Barber, presently positioned as Aircraft Sales
Tand Acquisition at Duncan Aviation is a
distinguished figure, bearing a career trajectory
rich with diverse experiences. Unlike many in his field,
Tim’s journey transcends the realms of conventional
brokerage. From being a part of the leadership team in
a management buyout to navigating the intricacies of
the London Stock Exchange, he wielded his expertise as
a PLC Director, responsible for 2,000 personnel and a
staggering GBP 200 million in turnover.
Venturing into the entrepreneurial sphere, Tim Co-
founded JetBrokers Europe, a venture that burgeoned
into JetBrokers Inc. marking his exit in 2015. His tenure
with Air Partner offered a brief interlude before the
allure of Duncan Aviation beckoned. Tim’s career is
marked by a distinct departure from the corporate
tumult he once inhabited. Stepping away from the
confines of boardroom politics and mass employment
dynamics, he embraced the realm of aircraft brokerage
with fervor.
For Tim, professional fulfillment transcends the mere
transactional bounds. He is one with deliberate choices,
eschewing the conventional for the bespoke, where
each aircraft sale exemplifies his ethos.
Let’s delve into a conversation with the paragon of
seasoned expertise, offering a bespoke touch in an industry
pulsating with transactions!
Tell us more about your company and its mission and
vision.
Duncan Aviation is the largest, privately owned service
provider in business aviation worldwide. Started in
1956 as an aircraft sales business it has grown and
diversified and now employs close to 3,000 team
members, with most of these being focused on the
maintenance, repair and overhaul (MRO) operations of
the most popular business jets in use today. Our
mission and vision are clearly and publicly stated:
MISSION
Provide industry-leading business aviation products
and services through the engagement and development
of our team members while investing in equipment,
facilities, new capabilities, and technologies to further
extend our leading position and enduring legacy.
VISION
Connect with people and build relationships worldwide
by expanding and empowering our aviation family to
provide safe, efficient and high-quality products as well
as services while promoting personal growth and a
healthy life balance.
What methodologies do you implement that
contribute to new growth opportunities?
I am constantly networking within the business aviation
sector as well as amongst ultra-high-net-worth
advisors. Much of my business comes from Family
Offices and other advisors, so ensuring I’m visible both
physically and online is important. In terms of online
presence, my primary focus is on LinkedIn, where I post
a few times each week but only ever on Business
Aviation, and 99% of these posts are related to the sale
of business jets. I don’t watch the countless self-
promotional videos that are constantly on my timeline,
quite simply because I’m too busy.
What strategies do you implement to promote gender
diversity for various leadership positions at your
company?
At Duncan Aviation, fostering diversity is not just a
value, but a commitment deeply ingrained in our ethos.
We recognize the profound impact that a diverse team
brings, amplifying creativity and enhancing problem-
solving capabilities. Our dedication to diversification
extends beyond traditional boundaries, reaching out to
communities where awareness of business aviation as a
viable career path may be lacking.
www.ciolook.com | March 2024 |
29
32. Through partnerships with educational institutions
spanning middle and high schools, trade schools,
universities, and cultural centers, we endeavor to
introduce a broader demographic to the opportunities
within our industry. Our Apprenticeship Programs
exemplify this commitment, offering hands-on skill
development and clear pathways to obtaining vital
certifications.
Our Diversity, Equity and Inclusion (DEI) statement
articulates our unwavering stance on these principles.
We define diversity not merely as a surface-level
attribute, but as a holistic amalgamation of individual
differences encompassing characteristics, values,
beliefs, and experiences. Equity is not just a buzzword
but a practice embedded in our hiring, evaluation and
promotion processes, ensuring equal access to
opportunities for all team members.
Inclusion, for us, is intentional; it’s about fostering a
culture where every voice is heard, respected and
empowered. Our commitment to DEI is not a
standalone initiative but a collective responsibility
upheld by every member of our organization, endorsed
by leadership at all levels. Rooted in a culture of
listening, learning and proactive action, our approach to
diversity, equity and inclusion at Duncan Aviation is
steadfast.
What values do you incorporate to enhance the work
culture of your company?
On the corporate side, here are Duncan Aviation’s
stated values. We:
Ÿ Deliver the highest-quality products and services.
Ÿ Communicate with transparency.
Ÿ Charge fair prices and provide efficient turn-times.
Ÿ Lead through action, innovation and continuous
improvement.
Ÿ Focus on solutions and act as trusted advisors.
Ÿ Respect others and are accountable for our actions.
Ÿ Maintain an inclusive team approach.
Ÿ Value honesty, integrity, loyalty, and trust.
Ÿ Promote safety, health and wellness.
Ÿ Support our communities and respect the
environment.
Ÿ Are proud to be the best at what we do.
www.ciolook.com | March 2024 |
30
33. What, according to you, could be the next significant
change in your sector? How are you preparing for the
change?
The Business Aviation sector is always at the forefront
of technology in the aviation sector and not surprisingly
the emergence of new, low-carbon technologies will be
pioneered within the sector. Whilst there was much
media coverage of the first flight across the Atlantic by
a Virgin airliner flying entirely on SAF (Sustainable
Aviation Fuel), the reality is that it was a Gulfstream
aircraft that completed it first.
We’re seeing e-VTOL (Electric Vertical Take Off and
Landing) aircraft being developed at a phenomenal
pace as well as electric aircraft. What’s more, research
into the use of hydrogen for business aviation is also
advancing well.
Where do you envision yourself to be in the long run
and what are your future goals for your company?
I’m closer to the end of my career than the beginning, so
my future is very much more about supporting others in
the sector to achieve greater results. I have a fantastic
network that I want to continue to work with for the
benefit of my colleagues.
The company will continue to develop and grow as the
sector evolves. Over recent years we have expanded
our operations and now have a manufacturing division.
We also continue to invest in additional hangarage and
new paint facilities. No doubt one of the big changes
will see Duncan Aviation supporting the new
technologies as they come online.
How do you approach mentoring and sharing your
business insights with younger individuals interested
in aircraft brokerage or entering the business aviation
sector?
I am often contacted by younger people seeking
guidance on how to become an aircraft broker or how
to break into business aviation and I’m always happy to
offer some guidance. I’ve been a mentor to students at
one of my former universities, and that is something
that has proven mutually beneficial. However, despite
my broad business career, I’ve never been motivated to
lecture others on how it should be done or offer
lifestyle advice.
What advice would you give to the next generation of
women leaders willing to venture into the modern
business arena?
As a father of 3 daughters, I think it’s an exciting time
for women in the workplace. I think the opportunities
are there to be seized and most of the prejudices that
have existed throughout my career have now either
disappeared or been significantly reduced, fortunately.
It’ll perhaps take some more years for all of the
misogynistic dinosaurs to disappear from business but
the days where it was the ‘norm’ are behind us, which is
a good thing.
I think the opportunities are
there to be seized and most of
the prejudices that have
existed throughout my career
have now either disappeared
or been significantly reduced,
fortunately.
“ “
www.ciolook.com | March 2024 |
31
35. he dream of supersonic travel, once epitomized by
Tthe iconic Concorde, is experiencing a resurgence as
aerospace companies and startups embark on a new
race to reinvent high-speed air travel. This article delves
into the latest developments in the quest for supersonic
flight, exploring the technologies, challenges, and
potential impact of resurrecting the Concorde era in the
21st century.
Revolutionizing Air Travel: Supersonic travel promises to
revolutionize air travel by drastically reducing flight times
and opening new possibilities for global mobility. With
speeds exceeding Mach 1, supersonic aircraft can cut
transcontinental travel times in half, enabling passengers
to reach their destinations faster and more efficiently.
The Legacy of the Concorde: The Concorde, a symbol of
engineering marvel and luxury air travel, captured the
world's imagination with its sleek design and blistering
speed. Despite its retirement in 2003, the Concorde's
legacy continues to inspire a new generation of aerospace
innovators seeking to revive supersonic commercial flight.
Technological Advancements: Advances in aerodynamics,
materials science, and propulsion technology have paved
the way for the development of next-generation
supersonic aircraft. Companies like Boom Supersonic,
Aerion Supersonic, and Spike Aerospace are leveraging
cutting-edge technologies to design and build faster,
quieter, and more fuel-efficient supersonic jets.
Sustainability Challenges: While supersonic travel offers
unparalleled speed and convenience, concerns about
environmental impact and sustainability loom large.
Supersonic aircraft produce sonic booms, consume
www.ciolook.com | March 2024 |
33
36. significant fuel, and emit greenhouse gases, raising
questions about noise pollution, carbon footprint, and
regulatory compliance in an era of growing climate
consciousness.
Regulatory Hurdles: The reintroduction of supersonic
commercial flight faces regulatory hurdles and
certification challenges, as aviation authorities grapple
with safety standards, noise regulations, and
community concerns. Addressing regulatory
requirements and securing airworthiness certifications
are critical milestones for bringing supersonic aircraft
to market.
Market Demand and Viability: The success of
supersonic travel hinges on market demand,
commercial viability, and competitive pricing relative to
subsonic alternatives. While there is significant interest
from high-net-worth individuals, business travelers,
and premium passengers, the long-term sustainability
of supersonic air travel depends on achieving
economies of scale and widespread adoption.
Economic and Business Implications: The revival of
supersonic travel has far-reaching economic and
business implications, from aerospace manufacturing
and supply chain logistics to tourism, hospitality, and
urban development. Supersonic flight could reshape
global travel patterns, stimulate economic growth, and
catalyze innovation in related industries, creating new
opportunities for investment and job creation.
Future Prospects and Challenges: Despite the
technological and regulatory challenges, the race for
supersonic travel continues unabated, fueled by a
vision of faster, more connected, and more accessible
air transportation. As companies push the boundaries
of innovation and collaboration, the future of
supersonic flight holds promise for a new era of high-
speed air travel, rekindling the spirit of adventure and
exploration that defined the Concorde era.
Noise Reduction Technologies: Addressing the issue of
sonic booms and noise pollution is paramount for the
reintroduction of supersonic flight. Aerospace
companies are investing in innovative noise reduction
technologies, such as shaped sonic boom signatures
and advanced engine designs, to minimize the
disruptive effects of supersonic travel on communities
and the environment.
Collaboration with Aviation Stakeholders:
Collaboration between aerospace companies,
regulatory agencies, airlines, and airport authorities is
essential for the successful reintroduction of
supersonic travel. Industry partnerships and
stakeholder engagement initiatives facilitate
knowledge sharing, regulatory alignment, and
coordinated efforts to address technical, operational,
and infrastructure challenges associated with
supersonic flight.
Infrastructure Readiness and Airport Upgrades: The
reintroduction of supersonic travel requires upgrades
to airport infrastructure, including runway lengthening,
noise mitigation measures, and terminal enhancements
to accommodate supersonic aircraft. Investing in
infrastructure readiness ensures that airports can
support the safe and efficient operation of supersonic
flights and deliver a seamless passenger experience.
Safety and Reliability Assurance: Ensuring the safety
and reliability of supersonic aircraft is paramount to
gaining public trust and regulatory approval. Aerospace
companies prioritize rigorous testing, certification
processes, and quality assurance protocols to
demonstrate the airworthiness and operational
integrity of supersonic jets, instilling confidence in
passengers, operators, and regulatory authorities.
Luxury and Premium Travel Experiences: Supersonic
flight offers a unique opportunity to redefine luxury
and premium travel experiences, catering to discerning
passengers who value speed, comfort, and exclusivity.
Premium cabin amenities, personalized services, and
bespoke travel experiences enhance the allure of
supersonic travel, attracting affluent travelers and
driving demand for high-end aviation services.
The resurgence of interest in supersonic travel
represents a bold leap forward in the quest for faster,
more efficient air transportation. While the road ahead
is fraught with challenges, from technological hurdles
and regulatory complexities to environmental concerns
and market dynamics, the allure of supersonic flight
remains undiminished. As aerospace pioneers strive to
resurrect the Concorde era and usher in a new age of
high-speed air travel, the race for supersonic
supremacy promises to captivate imaginations, inspire
innovation, and reshape the future of aviation in the
21st century.
www.ciolook.com | March 2024 |
34
37. From the Wright Brothers to Beyond
the stars, Aviation and Aerospace continue
to Redefine what's Possible.
38. Exploring the skies
Exploring the skies
and beyond: where courage
and beyond: where courage
meets engineering in the world
meets engineering in the world
of aviation and aerospace.
of aviation and aerospace.
Exploring the skies
and beyond: where courage
meets engineering in the world
of aviation and aerospace.
