Vincent Esposito, president of business aviation data provider JetNet, passed away last week. He took over as head of the Utica, N.Y.-based company in 1991, following the death of his father, who founded JetNet in 1988. Born and raised in Utica, he graduated from Utica College with a degree in business administration and earned a Juris Doctor degree from Syracuse University’s School of Law in 1990.
Along with his brother, JetNet executive vice president Tony Esposito, Vincent helped expand the company from a small aircraft listing service to a worldwide aviation intelligence leader. He kept his focus on building its research base, expanding markets and products, and embracing new technologies.
“Vincent brought a steady hand and great vision to JetNet, steering the firm to phenomenal growth, both domestically and internationally,” the company noted in a statement. “He supported and encouraged his management team to constantly innovate and think ahead.”