Nigel Addison Smith
Former CFO of First Choice Airways and UK Export Finance, transaction advisor
Nigel Addison Smith was CFO of First Choice Airways for six years where he oversaw aircraft purchase and financing. Nigel also held the position of Group Financial Controller of First Choice Holidays PLC and subsequently became CFO of ebookers PLC, the online travel agency.
Before joining Nyras, Nigel was CFO of UK Export Finance (ECGD), the UK’s export credit agency, where he was involved in financing Airbus, Boeing and Bombardier aircraft. Nigel has gained significant board level, M&A, financing and financial management experience and now advises airlines, airports and other aviation businesses at Nyras.
Nigel has helped numerous airlines to navigate change efficiently. He has strong experience in both the acquisition and sale of aviation businesses and he takes a lead on projects that focus on airline restructuring, fleet advisory, airport advisory and benchmarking. Some of his assignments include:
- Restructuring and refinancing CityJet, the Irish regional airline
- Preparing cost benchmarking at Aer Lingus
- Producing a traffic forecast and undertaking growth prospect work and acquisition due diligence on London City Airport
- Providing strategic option assessment on strategy, network redesign, cost and fleet structure for SriLankan Airlines