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Global Eagle’s Entertainment Deal, by Manuel Rivero Jr.

Global Eagle recently announced a $430 million deal that will make them a major player in the arena of in-flight entertainment. Global Eagle, which is changing its name to Global Eagle Entertainment, acquired Row 44 Inc., a company that provides satellite broadband to Southwest Airlines. Global Eagle also acquired an 86 percent controlling share of Advanced Inflight Alliance (AIA) in the deal. AIA is a German company that provides in-flight entertainment around the world, servicing over 130 different airlines.

Currently only about 1,800 out of 13,000 commercial aircraft are able to provide passengers with internet access. Global Eagle hopes to increase the number of planes with internet access, providing new forms of entertainment, including in-flight video games. The deal is still undergoing regulatory approval.

About Manuel Rivero Jr.: Mr. Rivero is a Vice President at Airstream Services Corporation, a Florida-based consulting firm that caters to clients in the aviation industry, and a member of the International Air Transport Association.

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Manuel Rivero Jr. on Aviation Finance Consulting

December 8, 2012 Leave a comment

Aviation finance is a field that covers a variety of topics, from manufacturers and air traffic management to airports and leasing companies. Its main focus is on working with airlines to finance their expensive aircraft. Passengers of Southwest and Ryanair, for example, fly in 737-700s, which cost about $55 million dollars, though most airlines have less expensive aircraft.

Airlines pay for their fleets in a variety of ways, from cash and credit loans to leasing. Because of the variety of ways to purchase aircraft, airlines require the special knowledge of a consultant who understands the industry. Aviation finance consultants usually offer consulting in the areas where their special expertise is needed in order to move forward with a purchase, as well as ensuring corporate compliance with aviation industry standards. They offer much-needed advice on safety, security, and privatization, as well as economics, environmental impact, and climate change.

Manuel Rivero Jr., of Miami, Florida, has over 20 years of professional experience in aviation finance. Currently, he is an aviation finance consultant at his own practice, Rivero & Associates, in Coral, Gables Florida.

Welcome to my Blog!

September 10, 2012 Leave a comment

Manuel Rivero, Jr., a resident of Miami, Florida, assumed an executive role at Airstream Services Corporation in 2011. In this position, Manuel Rivero, Jr., manages quotidian operations at the aviation finance company and supervises its employees. In addition, he holds a number of human resources responsibilities, including ensuring insurance compliance and creating benefits packages. In addition to his work with Airstream, Manuel Rivero, Jr., consults through his firm, Rivero & Associates. He focuses primarily on tax audits and finance, and he provides each client with personalized attention and advice.

A graduate of Florida International University in Coral Gables, Manuel Rivero, Jr., holds a Bachelor of Science in Accounting. He returned to school and earned his Master of Science in Taxation from the same institution’s School of Accounting in 1996. After obtaining his graduate degree, he established ML Rivero & Associates, LLP, which offered accountancy, analytical, finance, and advisory services. During this period, he gained considerable experience in the foreign aviation industry, especially in the field of compliance and payroll, which led to his current position at Airstream.

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