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ASTAR Air Cargo Names Bob Blanchard and Martin Godly to Accounting and Finance Positions.


Business Editors

MIAMI--(BUSINESS WIRE)--June 9, 2003

Following up on the recent management re-organization of the company upon John Dasburg's arrival as Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Phil Wegescheide, Vice President Finance and Controller, announced that he has hired Bob Blanchard as Director Maintenance Accounting and Accounts Payable and Martin Godly, Director Financial Planning and Analysis. Mr. Blanchard will be responsible for aircraft maintenance accounting, other fixed assets, accounts payable, and payroll. Mr. Godly will assume responsibilities for budgeting, planning, analysis and capital expenditure planning. The appointments will be effective June 9 with Mr. Blanchard's relocation to ASTAR's Cincinnati office and Mr. Godly to ASTAR's newly relocated headquarters in Miami, Florida.

"Bob and Martin are excellent additions to our finance and accounting teams. They will help us to continue to move forward rapidly in a disciplined financial manner as the company continues to grow and expand", according to Mr. Wegescheide. "Their broad and diverse aviation backgrounds will provide us with improved capabilities to better manage financial and accounting issues for our company." Additionally, Mr. Wegescheide noted that Stephen Dodd and Rob Miller have accepted positions as financial analysts supporting Mr. Godly. Stephen and Rob recently graduated from the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes.  Warrington College of Business with Master of Business Administration degrees.

Bob Blanchard's airline experience includes serving as General Accounting Director and Assistant Controller for National Airlines, Inc. and as Fixed Assets and Inventory Manager for America West Airlines America West Airlines was one of the United States' ten major airlines. The airline was based in Tempe, Arizona, and is now a part of US Airways Group.

At the time of its integration into US Airways, the airline maintained two hubs, one at Phoenix Sky Harbor International
, Inc. Bob has a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in Accounting from Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958.  and will be relocating from Henderson, Nevada.

Martin Godly is currently President and founder of Aviation Business Sciences. His prior career history includes serving as Vice President, Proudfoot Air and Transport Group, Inc., Director of SH & E consulting on aviation technical and business issues at airlines and aerospace firms and Manager - Airline Analysis for Short Brothers, USA. Mr. Godly holds an MBA in Finance from Rutgers University, a Master of Science degree in Aeronautics and Astronautics from Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business,  (MIT) and a Bachelors degree in Mechanical and Aerospace Engineering from Princeton University. Mr. Godly will be relocating from Little Silver, New Jersey.

About ASTAR Air Cargo ASTAR Air Cargo is an American cargo airline based in Miami, Florida, USA. It operates regularly secheduled cargo charter services to over 34 US airports and nine international airports, as well as worldwide charter freight services.  

DHL Airways announced a name change to ASTAR Air Cargo for the company effective upon the formal closing of purchase of the company by an investment group led by John Dasburg, the Chairman and CEO of DHL Airways. DHL Airways is a licensed U.S. air carrier operating of fleet of 40 aircraft from its hub in Cincinnati/ Northern Kentucky International Airport. The airline provides all-cargo scheduled and charter services on a contract basis for the DHL Worldwide Express network and charter services for other customers including the U.S. military. DHL Airways is a participant in the United States Civil Reserve Air Fleet A program in which the Department of Defense contracts for the services of specific aircraft, owned by a US entity or citizen, during national emergencies and defense-oriented situations when expanded civil augmentation of military airlift activity is required.  Program supporting our national defense. DHL Airways also currently has an operation in Ramstein, Germany supplementing United States Air Force United States Air Force (USAF)

Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S.
 operations in Europe and the Middle East.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 9, 2003
Words:491
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