Kenneth C. Ricci


Kenneth Ricci has spent over 30 years developing innovative services in the aviation industry. Beginning in 1980 with the founding of Corporate Wings, an aircraft management and charter operation, Kenn expanded his aviation operations to include other aviation support services. Including, Inertial Airline Services which became an industry leader in the overhaul and modernization of long-range navigation systems. The company was sold to Heico Corp(HEI) in 2001.

In 1998, Kenn revolutionized the fractional aircraft ownership industry by founding Flight Options. His marketing and strategic leadership took the company from inception to annual sales of more than $600M in a period of 4 years. Flight Options was merged with Raytheon Travel Air in 2002, and with a fleet of over 200 aircraft, Kenn had grown Flight Options to rank as the second largest company in the industry.

Today, Kenn is a principal of Directional Aviation Capital which owns various aviation enterprises Constant Aviation, Flight Options and Nextant. www.directionalaviation.com. In addition, Directional restructured the Mercury Air Centers, a $200mil company operating aircraft support facilities at 24 different airports. Acquiring a stake in 2005, Kenn, as CEO of the company, realigned its operating divisions, deployed $245mil of invested capital and sold the to Macquarie Infrastructure Trust (MIC) in 2007 in a deal valued at $615mil.

Kenn was honored as an Ernst & Young Entrepreneur of Year in 2000 and has been named one the most influential people in aviation by Aviation International News. In 2010 Kenn received the Harvard Business School’s Dively Entrepreneurship Award and in 2012 was the youngest recipient of the prestigious William Ong Award for extraordinary achievement and extended meritorious service to the general aviation industry. Kenn graduated from the University of Notre Dame and the Cleveland Marshall School of Law. He is an airline transport pilot license with extensive international experience and was Governor William Clintons pilot when he ran for President in 1992.

Kenn is the aviation advisor to the Guggenheim Aero Opportunity Fund. Kenn also serves on the Business Advisory Council of the University of Notre Dame, the Board of Trustees of University Hospitals, The National Board of Childhelp, and Gilmour Academy. Kenn is the Author of “Management by Trust”, a book featuring practical management techniques for building employee trust.

Michael A. Rossi

Chief Financial Officer Directional

Mike Rossi began with Corporate Wings in 1984 and has spent the last 21 years developing innovative business strategies in the Aviation Industry. Mr. Rossi has managed all facets of General Aviation: Fixed Based Operations, Maintenance Facilities, Management of Aircraft and the buying and selling of Corporate Aircraft. He has also been involved in the purchasing of and divesting of all the facets of General Aviation mentioned above.

Highlights: Corporate Wings Management Company at the height of its operations in 1998 was the 10th largest in the United States.

In 1990 as the President of Inertial Airline Services through 2001 managed this successful commercial aviation maintenance service organization. This successful maintenance service organization became the largest overhaul provider of long-range navigation systems. This company was sold in 2001 to further enhance the revolutionary fractional Jet ownership company Flight Options.

Mr. Rossi managed Flight Options from its inception in 1998 to its current stature as the second largest jet fractional ownership company in the industry. The company has grown to 1600 employees and 800 million in sales. Mr. Rossi as the Chief Financial Officer raised capital and established financing vehicles to assist the initial growth of the business. As President and Chief Operating Officer, he implemented strategic plans in the financial, operations and administration of the company.

Today Mr. Rossi is a principal in Directional Aviation which owns various enterprises in the Aero Medical, Aircraft Maintenance and FBO segments of general aviation. Starting in 2005 Mr. Rossi was the CFO of the restructured Mercury Air Centers. As CFO, Mr. Rossi was instrumental in increasing EBITDA by over 200%. This was accomplished through acquisitions and operating efficiencies. Mercury Air Centers 24 FBO’s were ultimately sold to Macquarie Infrastructure Trust in 2007 in a deal valued at $615 million.

Mr. Rossi’s other business interests include involvement with the accounting firm Rossi, Schlotter & Co., CPA which has assisted many businesses in the areas of planning and growth.

A graduate of John Carroll University, Mr. Rossi is a Certified Public Accountant and holds a Series 7 License.

Jay Heublein

Executive Vice President - Global Sales & Marketing

Jay Heublein joined Nextant Aerospace in January of 2011. He brings with him over a decade of aviation based sales and marketing leadership experience. Prior to joining Nextant, Jay most recently served as Vice President of Sales and Marketing for the fractional provider Flight Options. While at Flight Options, Mr. Heublein was responsible for managing their national sales force and overseeing their marketing strategy. He has also held senior sales positions with CitationShares, the fractional arm of Cessna Aircraft Company.

In his current role, Jay has oversight responsibility for the domestic sales team along with managing Nextant’s international dealership network. He also leads the company’s global marketing effort. While at Nextant, Jay has led the effort to introduce an entirely new segment within the business aviation sector under the title of aircraft remanufacturing. In the first 18 months alone following certification of the 400XT (which was arguably one of the most difficult light jet sales environments in the history of our industry), Jay successfully spearheaded the sales effort, which resulted in a large number of deliveries to over eight different countries around the world and, in doing so, established the global marketplace for the remanufactured aircraft industry.

Jay led the high-profile sales efforts with NASCAR and Purdue University as well as the record 50-aircraft conversion sale to TMC.

Throughout his career, Jay prides himself in developing young professionals into successful sales and marketing leaders within the business aviation industry. Jay is a graduate of Truman State University.

Patrick Flaherty

Chief Financial Officer

Patrick Flaherty joined Nextant Aerospace in March 2014 and has been involved in the accounting and finance activities of Nextant since its inception through his previous position as Corporate Controller for Flight Options. Mr. Flaherty was Controller at Flight Options for the past nine years and managed a team that was responsible for all accounting, treasury and external reporting functions for the Flight Options, its affiliates and their holding company.

From 2000 to 2004, Mr. Flaherty served as the VP of Finance and CFO for Pegasus Technologies, Inc. and its parent company KFx, Inc., a publicly-traded company. He was responsible for investor relations, human resources, risk management, treasury and all internal, SEC and stock exchange reporting. He had an integral role in the due diligence and valuation process during the acquisition of a competitor and led the team that developed a monthly closing, reporting and consolidation process to enable timely and accurate external financial reporting. He also worked with the Department of Energy, Department of Defense and National Science Foundation in efforts to secure research and development grants to enhance the product lines at the companies.

From 1996 to 2000, Mr. Flaherty held several positions, including Division Controller, Director of Finance and Assistant Corporate Controller, at STERIS Corporation, a publicly-traded company. During his time as Director of Finance, he was involved in the due diligence and valuation process for the acquisition of five companies that increased the Company’s annual revenue from $90 million to $900 million. Subsequent to the acquisitions, he was responsible for preparing opening balance sheets and integrating the accounting functions and monthly financial reporting in order to facilitate the preparation of quarterly and annual external reports to the SEC. As the Assistant Corporate Controller, he streamlined the monthly reporting procedures of foreign subsidiaries and developed an annual reporting package used by foreign entities for submission of financial information to the corporate office in order to meet timing requirements for public reporting.

Mr. Flaherty spent the first nine years of his career as an auditor at Ernst & Young. A graduate of The Ohio State University, he is a Certified Public Accountant licensed to practice in the State of Ohio.

Mark J. O'Donnell

Vice President – Product Development

Mark O’Donnell initially started with Corporate Wings in 1985 as Director of Maintenance for the FAR 135 Charter Operations. Mr. O’Donnell implemented and managed the first aircraft maintenance operations of Corporate Wings, as well as the day to day duties of the maintenance management requirements of the charter operations.

Mr. O’Donnell founded and served as President and General Manager of Cleveland Jet Center. Cleveland Jet was an aircraft heavy maintenance, paint and refurbishing facility with 110 employees and sales of $10 million annually.

In 1994, Mr. O’Donnell returned to Corporate Wings as Vice President and General Manager of Inertial Airline Services where he managed the day to day operations and growth of this highly successful service company. Inertial was the worlds largest independent provider of Inertial Navigation system repair and overhaul to the worlds airlines and several US and foreign militaries.

Following the sale of Inertial Airline Services and completion of his contractual management obligations, Mr. O’Donnell again returned to Corporate Wings as Vice President of Nextant Aerospace. Nextant was established to fill a market demand for a small to medium sized corporate aircraft capable of 2,000 nm of range utilizing the latest engine and avionics technology available priced according to the demands the fractional industry and corporate operators.

Mr. O’Donnell is an FAA certified Airframe and Powerplant Technician and has successfully completed specific maintenance training courses on a wide variety of corporate and transport category aircraft including; Gulfstream, Learjet, Falcon, Commander Boeing and Airbus.

Kent Stauffer

Vice President - Operations & Customer Support

A leading aviation maintenance, operations and safety professional, Kent heads the Operations and Customer Support components for Nextant Aerospace. Kent Joined Nextant after 14 years at Flight Options, most recently as Vice President of Operations where he led all Maintenance and Operational Control Center functions. Kent holds several accreditations including an Associates of Aviation Science, an FAA Airframe and Powerplant (A&P) license, a Certificate of Aviation Safety and Security from The University of Southern California and is an FAA certificated Pilot.

Kent has held and led numerous positions in his aviation career including Aircraft Maintenance Technician (AMT), Maintenance Planning, Maintenance Control, Flight and Ground Safety Director, Flight Operations, Operations Development, 135 Director of Maintenance and General Manager.

Kent has equally broad experience in aviation safety on topics including Human Factors, flight and ground safety, risk management and is an OSHA Train the Trainer. Kent has served as a Designated Aircraft Accident Investigator (AAI) in many corporate aviation incident and accident investigations as well as several NTSB investigations.

An active member of the FAA Safety Action Team (FAAST), Kent lectures throughout the country at FAA forums and industry conferences on safety and maintenance human factors topics. Kent has served on various industry and FAA sponsored work groups, including the National Air Transportation Association (NATA), the Regional Airline Association (RAA), and the FAA / Civil Aeronautical Medical Institute (CAMI) Maintenance Fatigue Work Group. Kent is member of the Pittsburgh Institute of Aeronautics (PIA) YNG Advisory Board, the American Society of Safety Engineers (ASSE) and the International Society of Air Safety Investigators (ISASI).

James Immke

Vice President - Regulatory Compliance

James Immke joined Nextant Aerospace in August 2010 and is currently the Vice President of Regulatory Compliance.

Mr. Immke has over 20 years of quality and safety experience in highly regulated industries, including Aerospace and Defense.

During Immke’s tenure at Nextant, he drove and directed the formulation and implementation of policies, standards and procedures for the company’s quality system, aiding Nextant in its journey from the development of a concept aircraft to becoming a world-class remanufacturing facility. In his new role, his main focus is strategic quality, safety and reliability improvements.


David H. Davies

Chief Information Officer

Mr. Davies began with Corporate Wings in 1997 as Director of IT and was responsible for the implementation of information technology and telecommunications for the fractional start-up Flight Options in 1998.

As the CIO for Flight Options, Mr. Davies was responsible for the sourcing, implementation and design of all systems including operations, maintenance, accounting and business management. These decisions were critical in ensuring that all systems could fulfill the requirements of the rapidly growing fractional provider.

Driving the design and implementation of the Owners Only Web Site, Mr. Davies ensured Flight Options was the first fractional provider to allow owner’s to schedule and manage all aspects of their trips online.

In 2004 Mr. Davies was awarded the NorTech Innovation Award for the integration of wireless and operations systems allowing for real time dispatching and communication with Flight Options flight crews across the country. This software design and technology implementation allowed for immediate and dramatic cost savings as well as operational efficiencies.

In 2005 Mr. Davies was appointed CIO of the restructured Mercury Air Centers. As CIO, Mr. Davies was responsible for updating and streamlining all systems and business processes. Ensuring accurate reporting and accountability, elimination of duplicated procedures and allowing for additional growth through acquisitions.

Mr. Davies holds a BS in Information Technology and is a graduate of the USAF NCO Academy.

Robert Sullivan

Vice President - Human Resources

A leading human resource professional for over fifteen years Robert leads the human resource efforts for Corporate Wings. Sullivan, a certified Human Resource Professional, holds a bachelors degree in Business Administration from Campbell University and a Masters of Organizational Management, he is also a graduate of the Harvard Business School, Strategic Human Resources Management course.

Through his experience in human resource leadership Robert has gained a broad range of expertise in talent acquisition, employee relations, training and professional development, leadership coaching, benefit management, career mapping, and merger and acquisition transition. Prior to joining Corporate Wings, Robert served as the Vice President of Human Resources for Mercury Air Centers, Inc. Robert has also served as Director of Human Resources for Flight Options and Director of Human Resource’s for The Sherwin-Williams Automotive Finishes Corp., a division of the Fortune 500 Company. Robert is an active member in both the national and local chapters of the Society of Human Resource Management.