I remain
confident that you will find us to be professionals with years of experience and
the ability to support your efforts from pre-purchase through return compliance.
Additionally, we have the expertise to prepare technical data to support
litigation claims and testify as expert witnesses. More recently, we have been
appointed as the binding arbitrator to resolve a lawsuit filed in the Federal
Courts.
Our knowledge of the industry is full circle and has been
obtained after years of hands-on experience in all aspects of airline operations
and oversight. Our experience and expertise relates to all transport and most
corporate types of aircraft, including helicopters. We have managed corporate
fleets - from purchase analysis through completion - fit out, crew, maintenance
and dispatch, saving hundreds of thousands of dollars in operating costs for our
clients.
The types of services that we offer can be located
in the Services section of this
web site.
It is impossible to identify in a few written words the
various tasks that we have successfully undertaken over the last couple of
decades. Perhaps this is why we have always depended on "word of mouth" rather
than advertising and brochures to tell our story.
If I had to identify
our strong points and provide you with just a couple of major reasons to use our
services, they would be the following, in no particular order:
· Rapid Response - we pride ourselves in our
availability and responsiveness to our clients’ needs. Our clients have come to
expect and receive timely communications and dispatch. For example, we can
normally be anywhere in the world within 24 hours, and have often times been
on-site the same day.
· Complete and Accurate Reports - which
transcend the technical "jargon" and place much-needed information in front of
bankers and attorneys which is easily understood without the requirement of an
aviation technical library or dictionary. Our reports have been used as the
basis for drafting legal complaints and other pleadings in repossessions and
defaults, along with insurance claims and settlements.
· Alternatives - we pride ourselves in
presenting, for consideration, other approaches which will accomplish the
objective with either less cost or less down time. In one recent case we needed
to upgrade an aircraft with a new autopilot system to meet French registration
requirements. The current STC holder, Collins, wanted $187,500.00 and 10 months
for this system. We performed our own STC and installed an autopilot system in
six weeks for $45,000.00, the second system was less than $35,000.00. Not only
did our client enjoy the savings on capital expenses, but they also began
receiving lease payments some eight months earlier than anticipated.
· Flexibility - being small and having
virtually unlimited resources, with respect to experience and knowledge, we can
custom create a program to meet the specific requirements of your portfolio.
Unlike many others, we then can implement and manage these programs to maximize
and maintain the value of your assets during the lease period and beyond.
· Management - turn-key aviation departments
that function without the headaches of a major corporation. We manage all
aspects of aircraft ownership, planning and utilization, and operations - we are
cost control experts.
· Intelligence - because we have so many
contacts within the industry, we are able to brief our clients on matters which
will have an impact on them, often before the information becomes public
knowledge. For example, we advised a client that their lessee had lost their
code-share with a major airline two weeks before it was announced. This halted
an application for additional funding. The same carrier filed for Chapter 11
protection just days later - on a Saturday morning - and again, we advised the
lender a week prior to formal notifications. We also were on-site that same
Saturday to photograph assets and do a quick inspection of the aircraft and
facility to document conditions at the time of filing. As the employees were not
aware a Bankruptcy had been filed, we had complete and total access, and
cooperation, during our visit. Since we had been monitoring the aircraft on a
regular basis, our unannounced appearance was not out of the ordinary. We saved
the lender in excess of $900,000.00 as documented by the lender (net of our
fees).
We have references available upon request and I would encourage
you to contact our references. Anyone can make claims about what they do and
have to offer; I would rather you hear it from our clients. They have the same
problems and concerns that you do. They need assistance and rapid response. They
need to have the technical aspects of their assets monitored, and they need
clear, concise information. We provide that in a timely fashion and we contain
costs.
I would like to meet with you to discuss, in detail, the
specifics of your requirements. This will enable me to design a program that
will address each and every requirement that you may have. Additionally, I may
be able to provide other ideas and methods to assist you in managing your assets
and optimizing your returns.
Please feel free to contact me at any time.
Respectfully,
Nick Popovich