Fort Lauderdale, FL — Kellstrom Aerospace successfully launched its newest division of aviation platform, Kellstrom Aerospace Asset Management (KAAM).

The unveiling of KAAM is the culmination of Kellstrom Aerospace’s strategy and vision over the past 4 years to provide total lifecycle support for aircraft and equipment from manufacture through to end of life. With a global team developing a solid infrastructure ensuring its success over the past four years and the key acquisitions of engine MRO, Vortex Aviation in 2017 and premier aviation consulting company, The Aircraft Group in 2016, and launching Kellstrom Aerospace Technical Services (KATS), The Kellstrom Aerospace Group has established itself as a center of excellence across aircraft and engine asset management services.

“We set out to create an all-encompassing asset management solution that will utilize all of our in-house capabilities – from asset evaluations, to residual value monetization, to performing repairs on assets – including aircraft, engines, and their components,” said Jeff Lund, CEO, Kellstrom Aerospace. “Our in-house proprietary asset management system that includes management on various levels: records, financial, and technical, will be key to maximize profitability for our financial partners.”

Chris Watkins, former Director of Leasing and Trading of Kellstrom Aerospace, has been promoted to lead the efforts of KAAM as General Manager. Watkins will oversee all efforts within the KAAM division to achieve a planned portfolio under management of $1.5 billion in assets.

Watkins has served as part of the Kellstrom Aerospace team for three years prior to his promotion. “Our in-house capabilities set Kellstrom apart from our competition focused on reducing risk and creating profitability for our partners,” stated Watkins. “We’ve succeeded in accomplishing this by utilizing our dedicated platforms to reduce overall cost over the life of an asset.”