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People: Altavair co-founder Newrick to retire after 47-year career

Magma, Sun Country, Kuehne+Nagel, Chapman Freeborn, Awery see leadership changes

Yael KatzwerbyYael Katzwer
January 22, 2026
in Features
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Altavair co-founder Paul Newrick retired this week from the aviation industry after forty-seven years. Matt Hoesley has succeeded Newrick as Altavair president and will continue as chief commercial officer. Newrick and Altavair Chief Executive Steve Rimmer in 2003 founded Guggenheim Aviation Partners, which became Altavair in 2016. Newrick began his aviation career in 1979 with […]

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Tags: AltavairAwery Aviation SoftwareChapman FreebornKuehne+Nagel (K+N)Magma AviationPeoplePremiumSun Country Airlines
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