Stephen A. Costley

Editor-in-Chief, SpeedNews

Los Angeles, CA

Summary

Steve Costley is responsible for the production of SpeedNews.

Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

Born in Los Angeles, CA, Steve spent his first four post-collegiate years teaching sophomore American Literature and senior Writing for College courses at Chaminade College Preparatory in Southern California’s San Fernando Valley. In addition to his teaching duties, he was Assistant Athletic Director, Sports Information Director and Varsity Baseball Coach, and was named Head Coach of the Los Angeles Daily News’ Bernie Milligan All-Star Game in 1988. He also worked two years in Houston, TX as Director of Purchasing and Customer Service for Aerospace Interiors, an aircraft interior refurbishment shop that was later acquired by B/E Aerospace.

Steve has participated in many air shows, including Paris, Farnborough, Singapore and Dubai, and has attended other numerous industry conferences and conventions, such as ISTAT, Aircraft Interiors Expo, MRO, ACPC, RAA, NBAA, and of course the SpeedNews’ Suppliers Conferences. He has appeared on CNBC as an aviation analyst, and has been quoted in various newspapers, including the Los Angeles Times.

Steve holds a Bachelor of Arts degree in Journalism from California State University at Northridge. He is a member of the International Society of Transport Aircraft Traders (ISTAT), and has competed in several local, state and national amateur golf tournaments, including the United States Amateur Championship.

Articles

By Stephen Costley

ASHLAND PLACE announced its APL Finance 2025-1 ABS will issue $414.4m of notes backed by 13 narrowbodies, eight freighters, two widebodies and three narrowbody engines on lease to 15 lessees located in 13 jurisdictions.

Air Transport

By Stephen Costley

SPIRIT AIRLINES secured up to $475m in DIP financing from existing bondholders and obtained another $120m of liquidity to support normal business operations during its restructuring. It also announced AERCAP agreed to pay Spirit $150m and allow Spirit to reject leases on 27 aircraft, resolving all claims and disputes between companies, reducing operating costs by hundreds of millions of dollars, and providing for the future delivery of 30 A320neo Family aircraft.

Air Transport

By Stephen Costley

BRAVODELTA AERO-OPS was formed by Bryson Monteleone and Philip Carey to provide specialized transactional support for challenging aircraft trades, including mainline pax/freighter aircraft, business jets and military derivatives.

Air Transport