William A. Franke
Managing Partner
Indigo Partners and Newbridge Latin America
William A. Franke is the managing partner of
Indigo Partners and Newbridge Latin America, private
equity funds focused on worldwide investments in air
transportation and Latin America, respectively. A
longtime resident of Arizona, he has offices in
Phoenix, Singapore and Buenos Aires.
Mr. Franke was born in Texas and raised in Latin
America and has undergraduate and graduate degrees
from Stanford University.
During Mr. Franke’s business career, he was the
chief executive officer of a Fortune 500 forest
products company, Southwest Forest Industries, Inc.
(now Smurfit-Stone Container); chairman of the
executive committee of a large regional bank, Valley
National Bank (now Chase Bank); and chairman of the
Circle K Corp., a large U.S. convenience store
company, which he restructured through bankruptcy.
From 1993 to 2001, Mr. Franke was chief executive
officer of America West Airlines, the eighth largest
U.S. airline, which he restructured and repositioned
as a low-cost carrier (now U.S. Airways).
Mr. Franke served as the founding chairman of
Airplanes Group, Ltd., a $5 billion aircraft finance
vehicle created from the aircraft portfolio of GPA
Group, the Irish aircraft leasing company, and
supported by GE Capital Aviation Services. He was
involved in the acquisition of GPA (then renamed
AerFi Group) by Texas Pacific Group and served on
AerFi’s board of directors until it was divested in
2000 to Debis Airfinance.
As part of an investment group, Mr. Franke was an
early investor in Ryanair and was an investor and
director of the airline catering company, Gate
Gourmet, of Beringer Wine Estates, and of ON
Semiconductor. He is currently a director of
Alpargatas SAIC (Argentine shoe and textile
manufacturer) and chairman of the board of Bristol
Group SAIC (Argentine insurance company).
Mr. Franke is chairman of the boards of Tiger
Airways (Singapore), Wizz Air Limited (Hungary) and
Spirit Airlines (USA) and is commissioner of Mandala
Airlines (Indonesia), all Indigo investments.
Mr. Franke has been active in the charitable and
civic community and has in the past served, by way
of example, as chairman of Phoenix 40, member of the
International Board of Barrow Neurological
Institute, chairman of COMPAS (arts funding), member
of the Dean’s Council, Arizona State University
business college, and the Dean’s Circle, Stanford
Law School.
The Franke family has been financial supporters
of Sojourner Center in Phoenix, the United Way,
Stanford (endowed professorship), and established
minority student scholarships at Northern Arizona
University, Arizona State University, and the
University of Arizona, among others.
He is married to Carolyn D. Franke and they have
five adult children.