Stuart Cauff, Managing Director
Stuart Cauff is one of two founding members of Jet Trading and Leasing, LLC and currently holds the title of Managing Director of this aircraft trading and leasing enterprise based in Miami, Florida.  
Mr. Cauff has been in the commercial aviation leasing and trading space for 37 years and has personally participated in over $11 Billion in transactions during his time in the industry. Mr Cauff has extensive experience in financial structuring and creative marketing of transactions to the universe of clientele that he has been involved in trading with. Over the last 36 years, Mr. Cauff has established countless close personal relationships with a wide array airline and aviation industry high level executives, which often are extremely valuable in the consummation of a given transaction.

Mr. Cauff has been a featured speaker and panelist in a number of aviation industry finance conferences over the years.  Prior to founding JTL, Mr. Cauff was a founder of Cauff, Lippman Aviation, which was sold to a leasing industry roll-up as a part of an initial public offering in 1998 called Unicapital Corporation, where Mr. Cauff served as the President of the Big Ticket Leasing Division of the company and a member of the company’s Board of Directors, until his retirement from Unicapital in the late fall of 1999.

Mr. Cauff resides in Miami, Florida along with his seven grown children and his fourteen grandchildren. As a resident of Miami-Dade County for more than 40 years, Mr. Cauff is and has been deeply involved in many charities and has served on the International Board of Directors of one, Best Buddies International.  Mr. Cauff has been an active member of the Democratic Party in both South Florida and on the national scene as well. 


Luis A. Ayala, Managing Director
Luis Ayala is a founding member and is Managing Director of Jet Trading and Leasing, LLC.  Mr. Ayala has been in the commercial aviation leasing and trading space for more than 24 years and has personally participated in over $3 Billion in transactions during his time in the industry. His career in commercial aviation began at Cauff, Lippman Aviation and continued at Unicapital and AWAS. His experience in the commercial jet aircraft industry have afforded him the opportunity to develop extensive contacts with many of the world's leading airlines and financial institutions. Mr. Ayala’s expertise lies in finance, technical, and sales and leasing of commercial jet aircraft. His broad-based knowledge of the Americas and Western European airlines, as well as worldwide customer relations with financial institutions, aircraft lessors and investment banks are a part of his unique skill set.

Luis lived abroad for over 16 years, in Venezuela, Canada and England. His educational achievements include an MBA in Management from the University of Miami, where he received an award of academic merit and a Bachelors degree in Finance, with a minor in Real Estate Development, from Boston University.


Jonathan A. Cauff, Managing Director
Jonathan Cauff joined Jet Trading and Leasing, LLC in 2007 less than a year after its formation and currently holds the title of Managing Director of the aircraft trading and leasing enterprise based in Miami, Florida.  Jonathan has been an integral part of JTL’s success to date and has played a major role in more than $1 billion of aircraft acquisitions and trades since joining JTL.   He has been in the commercial aviation leasing and trading space for 10 years and has extensive experience in all aspects related to leasing and trading commercial jet aircraft including financial analysis, transaction structuring, debt procurement and structuring, technical analysis, and creative marketing of aircraft and transactions to a broad global universe of airlines, leasing companies, and financial institutions. During his career, he has established unique personal relationships with a wide array of high level airline and aviation industry executives.

Prior to joining JTL, Jonathan was a top sales executive in the corporate jet charter and jetcard industry for 5 years. Jonathan resides in Miami, Florida along with his wife and their two children.