Managing Director

Tel: 713.202.8830
jmegna@vlcassociates.com

MBA, University of Texas
B.B.A., University of Texas

Mr. Joseph R. Megna, Managing Director, has over 25 years of aviation and aerospace management and advisory experience. Mr. Megna possesses an extensive skill set gained while holding significant positions in direct line passenger and cargo operations management, financial planning and control, business integration and supply chain restructuring.

Mr. Megna has advised client companies engaged in court-supervised and out-of-court restructuring, managing payments and cash balances, negotiating major supplier contracts and leases, including cure proposals, and preparing and analyzing business plans. He has advised a number of airline clients in nearly every aspect of the business, with clients including US Airways, Air Canada, Northwest Airlines and Frontier Airlines.

Mr. Megna’s experience includes product development, supply chain, cost reduction and restructuring. He has evaluated changes to product specifications and service flows, recommending actions which reduced cost and improved product, assessed flight schedule changes facility requirements, ground services and staffing, and has evaluated and negotiated contracts for lounge services, AVOD, catering, cabin services and premium amenities. He has developed cost allocation methodologies, supporting flight profitability and other activity-driven models, and has evaluated intercompany pricing programs by developing and utilizing benchmarks. He has identified and assessed apparent preferential payments, and recommended strategies to address.

Mr. Megna previously served in senior leadership positions in Operations and Financial Planning for 16 years at Continental Airlines. He holds an MBA from University of Texas and a B.B.A from University of Texas.