Charles Taylor Aviation, a leading global provider of adjusting and risk consultancy to the aviation industry has acquired of ASG (Aircraft Technical Services) Limited, a specialist aviation asset management consultancy. The transition will enable Charles Taylor Aviation to expand the range of services it provides to aviation insurers, owners and operators and will provide ASG with significant additional resources to further expand its operations globally.
Established in 1997 as an independent aviation consulting company, ASG specialises in the management of owners, lessors and financiers. Its services include technical audits, and inspections of aircraft and their maintenance records to assess and protect the value of aircraft prior to acquisition, during and at the conclusion of the lease period. It also provides aircraft build and pre-purchase inspections, assessment of airline maintenance facilities and aircraft repossession services on the termination of a lease.
Robert McParlin, Chairman and Managing Director of Charles Taylor Aviation says:
“Aircraft asset management is an important and growing sector of the aviation industry. It is continuing to deliver strong growth despite the aviation downturn as owners and lessors seek to protect and maximise the value of their aircraft assets.
“The acquisition of ASG allows us to expand our services to existing clients and to develop our business into new sectors. It also creates tremendous synergies between our two companies. The skills required by aircraft surveyors in adjusting and asset management are highly complementary, providing both businesses with access to additional highly skilled professionals and the resources we need to deliver continued growth.”
John McKay, formerly chairman of Charles Taylor Adjusting has been appointed Chairman of ASG to focus on business development and the integration of the business into Charles Taylor Aviation. Jeff Solomon will continue as Managing Director of ASG.
