Mr. Fortune, has purchased, leased, sold and managed freighter conversions of many commercial aircraft types including the Boeing 727, 737, 767, 747, Airbus A300 and A310, DC-10 as well as turboprop aircraft.  His company, Fortune Aviation Services, currently provides analytical support, aircraft valuations and market forecasts to investment firms, lessors and MRO’s seeking guidance in the commercial aircraft and passenger-to-freighter aircraft space.  He has published numerous articles analyzing various aspects of the commercial aircraft market and is a frequent speaker at industry conferences.

Prior to forming his own firm, Mr. Fortune served as Senior Vice-President at Q Aviation where he established a 767-300ER freighter program that included a Boeing order for 20 pax-to-freighter conversions.  He was Executive Vice President of Intrepid Aviation, where he successfully managed sale/leasebacks, forward sales, freighter conversions and operating leases for Airbus and Boeing aircraft types.  He co-founded and served as executive vice president of Gemini Air Cargo, a FAA Part 121 freight carrier. Mr. Fortune has held management positions at Potomac Capital Investment, and Federal Express .  He is a past President of ISTAT and the past Chairman of the ISTAT Foundation.  Mr. Fortune is a graduate of the Massachusetts Institute of Technology (MIT) and a retired US Naval Aviator.

Stephen J. Fortune