Expertise - SH&E Professional

John Mowry, SH&E Vice President

Area of Specialization
Mr. Mowry specializes in technical and financial decision support, with a primary focus on aviation assets such as aircraft, engines, spare parts, and other fixed assets, and aviation-related services such as financing, leasing, and maintenance, repair, and overhaul, in both the commercial and business aviation sectors.

Mr. Mowry’s expertise includes analyzing aircraft performance and operating costs, modeling maintenance cashflows of aircraft and engine portfolios, evaluating aircraft and engine leases from a financial and technical perspective, and assessing airframe, engine, and component maintenance contracts. Mr. Mowry manages SH&E’s extensive appraisal activities in respect to aircraft engines, spare parts inventories, GSE, tooling and equipment, and other aviation-related fixed assets.

Client	Engagement
Aircraft Operators	Aircraft operating and ownership cost analysis to support aircraft selection of narrowbody and widebody commercial jets, business jets, and helicopters
Airline – Finance Departments	Appraisal and future value forecast of large engine portfolio in support of sale-leaseback; Technical and financial analysis of proposed long-term power by the hour contract
Investors – Public & Private	Appraisal of aircraft, engines, and parts; financial & technical review of existing and proposed lease rates, reserves, and return conditions; Due diligence of major aircraft & engine lessors; Overview and analysis of defaults in engine leasing industry; Commercial due diligence of major diversified business aviation service providers and business aircraft manufacturer; Review of fractional jet ownership business plan
Lessors – Aircraft & Engine	Long-term projection of portfolio maintenance expenses in support of asset securitizations
Maintenance Repair and Overhaul (MRO) Organizations	Analysis and benchmarking of aircraft, engine, and component maintenance costs; Development of financial model & strategic options for independent maintenance business; Market sizing and forecast of specific MRO markets
Manufacturer – Corporate Aircraft	Proposed short-term and long-term initiatives for improved performance on maintenance contract with fractional jet ownership program

Background
Mr. Mowry initiated his career with GE Aviation where he designed and supported the manufacture of metallic and composite aircraft engine structures. He also worked with GE Commercial Aviation Services’ engine leasing division where he developed rotable spare part asset management business plans. During his tenure with GE, Mr. Mowry also became certified in six sigma and obtained his Master’s degree.

Education
BS, Chemical Engineering, University of Notre Dame, 2001
MS, Mechanical Engineering, Ohio State University, 2004