Karl F. Evans

Vice President

Karl Evans is a Vice President with the Seabury APG. Mr. Evans joined the firm in July 2001, after spending the previous six years in the aviation and transportation sectors, where he developed an expertise in fleet and route planning, revenue analysis, financial planning and sophisticated analytical modeling.

Mr. Evans plays an integral role in Seabury APG's successful carrier consulting arm, where his work consists mostly of restructuring and refining the commercial aspects of large international airlines, including fleet optimization, merger and code-share analysis and network realignment. Using fleet-assignment models and other internally-developed analytic tools, Mr. Evans has also developed long-term fleet plans for both major passenger and freight carriers. Additionally, given his numerous related consulting assignments, Mr. Evans has a deep knowledge of LCCs, and the impact that they have on markets, regions and competition.

Before coming to Seabury APG, Mr. Evans held key management positions in the Strategic Planning, Revenue Analysis and Financial Planning departments of US Airways. While there, Mr. Evans conducted numerous detailed analyses of the carrier's route system, performed fleet analyses that culminated in adding the Airbus A321 and altering the mix of other fleet types, and spearheaded the effort that improved mainline hub departure performance through the retiming of relevant flights and the altering of aircraft mix.

Responsibilities in Strategic Planning included optimizing the route network and fleet using passenger revenue forecast models and fleet assignment and through assignment models. Responsibilities in Revenue Analysis included identifying weak performing markets using DB1B, T100, MIDT, Flight Profitability and Revenue Accounting data. Recommended profit improvement plans including combinations of pricing, inventory management, and capacity changes.

Responsibilities in Financial Planning included developing cash flow analyses for proposed aircraft modifications, assisting Fleet Managers on improving departure reliability and reducing aircraft operating cost by evaluating line, component shops, and heavy maintenance activities. While in Financial Planning, Mr. Evans was instrumental in implementing activity based costing in the US Engine Rebuild shop, allowing it to drive costs lower and position itself for third party engine contracts.

Mr. Evans holds a M.B.A. from Carnegie Mellon University, with concentrations in Finance and Market Research. He received a B.S. in accounting, cum laude, from Duquesne University.