Zeevo Group LLC (“Zeevo”), a business, finance, and information technology consulting services firm, and the U.K.-based AMS Aircraft Services (“AMS”), a global leader in commercial aircraft technical management, acquisition and remarketing, announced at the onset of ISTAT Americas a new strategic alliance aimed to deploy the companies’ capabilities, tech tools, and know-how to deliver commercial aircraft technical services to clients in the Americas and beyond.
Today’s aviation operating environment across all of the world’s key markets is rife with endemic headwinds, further exacerbated by ongoing developments such as: the coronavirus outbreak in Asia which is affecting the cashflows of airlines; the MAX grounding which is constricting aircraft availability; and the accelerating replacement cycle which is expected to trigger a high volume of aging aircraft retirements.
Joey Johnsen, Zeevo Group Chief Executive Officer, contends that “these challenges necessitate greater diligence by all stakeholders in the aircraft financing, leasing ,and operating chain to understand their fleets and have the right processes and technical support procedures in place to expediently react to arising situations in asset management, as well as aircraft maintenance and transitions.”
Lessors, operators, and asset managers are now savvier in lease negotiations, and oftentimes their well-negotiated contract terms result in the “creation of intricate return conditions,” adds Scott Kopacz, who heads Zeevo’s aircraft technical practice. “Not acknowledging these conditions years before the scheduled return can have a significant operational impact.”
By compounding technical capabilities and technology, the alliance targets to deliver technical support services covering pre-delivery, mid-term, and redelivery inspections, either as stand-alone services or as part of turnkey delivery and redelivery support for financiers, lessors, and operators.
Mike Skinner, Chief Executive Officer of AMS Aircraft Services, explains that the relationship “will further advance AMS’ local presence in key markets and enhance the support through combining the companies’ offerings to their aviation clients. The joint aim is to minimize clients’ risks, delays, and overall costs.”
“Teaming up with Zeevo will enhance our aircraft management solutions, expand core competencies and provide an established presence in the Americas, Europe, Middle East and Africa to serve our respective clients,” elaborates Skinner.
Referencing technology capabilities that will benefit mutual clients, Johnsen emphasizes that a “crucial part of transitioning commercial aircraft is an often-overlooked compiling of data, technical records, and requirements with procedures that allow organizations use to build knowledge and make informed decisions.”
“AMS has an excellent reputation, and we are thrilled to be forming this alliance to serve our mutual clients. This move is yet another example of our team’s aggressive pursuit of a strategy to leverage dynamic market opportunities and strengthen Zeevo’s evolving suite of services to better serve our growing network of clients and extending further into the aviation industry,” concludes Johnsen.