Monday, March 2, 2015
Avinco Finishes Strong in 2014
Last year, Avinco completed a total of 25 helicopter transactions in all ranges and mission types in Asia Pacific, Central & South America, Australia, Europe and Africa.
Among these sales were the last two BO105s from its 17-strong portfolio acquired from the German Police. In disposing of this fleet, Avinco demonstrated its ability to manage the re-deployment of a large portfolio to a new life converting ex-EMS machines to new missions (corporate, surveillance, pax, utility). The helicopters were sold individually to various operators throughout the world, and most underwent full maintenance programs and a number of reconfigurations, including full interior refurbishment, avionics customization, mission-specific equipment installations.
According to Avinco, the key to its success in 2014 was its willingness to take risks on behalf of its customers. Technical and financial risk-taking facilitated and in some instances created deals which would not have otherwise been feasible. Avinco was fully liable for the delivery of several FAA/EASA recertified and freshly registered helicopters, allowing its customers to find machines outside of their usual the scope at no additional risk.
Avinco team. Photo courtesy of Avinco
Avinco also continued to propose its own funding solutions, giving the buyer the opportunity to arrange swift and easy to close financing solutions to get its operation started avoiding over exposure.
Last year also clearly marked the expansion of Avinco’s sales team, in particular with new faces in Russia and the U.S., to focus on these two crucial markets. Mike Richardson, former Airbus Helicopters Director, was appointed Commercial Director North America, and Maria Kolesnikova now oversees operations in Russia & CIS countries as Commercial Director, with previous experience coming from the Russian private Jet sector. Joanna Lumanlan continues to actively develop the South-East Asian market for Avinco. Julien Di Carlo was also appointed to Helicopter Technical Director in 2014.
In Q4 of 2014, Avinco’s spares inventory increased further as it acquired a large Airbus Helicopter stock of new main dynamic components, main gear boxes, and mission equipment.