CJI Podcast #36: Johnny Foster | OGARAJETS | "I bought and sold 12 aircraft in the time it took to close the ESOP"

Johnny Foster returns for a second appearance to discuss a major milestone for OGARAJETS: the transition to an Employee Stock Ownership Plan (ESOP). After exploring private equity and other exit routes, Jonny chose the ESOP model to preserve the culture and legacy he and his father have built over 46 years. Some 30% of the company has now been transferred into a trust for employees, with more shares to follow over time. He also shares the team's emotional — and ultimately celebratory — reaction to the surprise announcement.On the wider market, Johnny is bullish on late-model aircraft through 2030, while flagging older legacy platforms as the segment carrying the most risk. He also hints at future growth through acquisitions, made more attractive by the significant tax advantages the ESOP structure provides.Thanks for coming back on again Johnny!