Financial Services, Insurance Agencies, Insurance Businesses & Agencies
SOLD! ‘Q4 2018
Profitable Aircraft Maintenance Business Soars at John Wayne Airport
Santa Ana, CA – (Orange County) – (Relocatable)
Seller Financing Available!
Zip Code: 92707
This well-known, FAA approved, full-service aircraft maintenance company, located in central Orange County at SNA, has been serving the Southern California Aviation community for 16 years! – The Company provides expert service in the care and maintenance of piston and turbine aircraft. However, the Company does more than routine maintenance and inspections. Its highly experienced technicians perform comprehensive repairs and modifications and a parts division offers a secondary profit center.
The schedule is always overbooked with a list of customers waiting for service. Labor costs start at $119 per hour. Customers are willing to pay premium rates in part due to the convenient location and that many of the owners of private airplanes kept here live in many of the upscale, wealthier neighborhoods nearby. Safety is an absolute priority. Each team members treat the airplane like it was their own; taking every precaution and every step double checked before turning the keys over to customers. The Company takes great pride in offering superior customer service to each and every customer.
Solid online presence; the Company has an attractive website with Facebook, Yelp and Instagram accounts which can be further promoted. Customer acquisition also relies on referrals and location advantage. The Company has layered organization chart, which might meet criteria for immigration visa program.
NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Business Trends: – Growth of Single-Aisle Airplanes – Although sales of both single-aisle and wide-body aircraft are expected to grow over the next two decades, single-aisle airplanes are expected to grow as a percentage of the global airline fleet. In 2013, the single-aisle category accounted for 65% of the fleet; by 2033, the category will make up 70% of the fleet, according to an estimate by Boeing.
Demand in emerging markets and the growth of low-cost airlines is driving the shift. – MROs carefully monitor airframe trends to adjust their capacity.
Increased Use of Advanced Materials – Responding to airlines’ need to cut fuel costs, aerospace companies are developing new materials. Composites such as carbon fiber reinforced plastic (CFRP) are increasingly replacing aluminum; modern commercial jetliners utilize CFRP for fuselage panels and wing components. Engine manufacturers are developing ceramic matrix composite (CMC) components, which have a higher heat tolerance than metal alloys, to create more fuel-efficient engines.
Repair service companies must expand their capabilities to meet evolving requirements.
Fleet Growth – Expansion of the global airline fleet should sustain demand for MRO services over the next two decades. Boeing projects the number of planes in service will double by 2034 compared to 2014. About 40% of the new aircraft will be replacements for older aircraft, with the remainder representing fleet expansion.
Increased Use of IT – MROs are increasingly turning to operational management software to plan production and maximize efficiency. Such applications can help determine personnel, material, and facility requirements. Capacity management is crucial to the profitability of aircraft maintenance operations.
Emerging Markets – Emerging markets, particularly in Asia and the Middle East, are driving global aviation and MRO growth. As those markets expand, demand for qualified repair technicians also rises, creating opportunities for MROs in established markets to expand geographically. Companies pursuing such expansion may choose to partner with a local service operator.
SOLD-Profitable Aircraft Maintenance Business – (Soars at John Wayne Airport)
