Skip to the main content.


Investment Banking


Evercore ISI's Transportation research team includes Jonathan Chappell, covering Marine Transportation and Duane Pfennigwerth, covering Airlines. Jon's broad-based coverage universe includes primarily commodity-based shipping stocks, providing a look into global trade flows of oil, gas, iron ore, and coal that can benefit Energy and Industrials analysts and PMs. Jon's top-down macro views on his sectors, helped by collaborative efforts with Evercore ISI's macro research products, especially China and Oil/Gas strategy, combine with detailed financial modeling to create both long-term investment theses as well as shorter-term trading calls to take advantage of the inherent high-beta volatility of his stocks.

Duane covers global airlines, including legacy, low-cost and regional airlines in the U.S. and Latin America. Much of the team's work is focused on capacity trends and competitive capacity analysis by key market and geographic regions. Duane also collaborates with Evercore ISI's macro team, which provides key insight into demand trends.

Clients First,