Continues Development of Financial Tools for Business Aviation Lenders
NBAA-BACE 2017 — Las Vegas, Nevada – Jet Support Services, Inc. (JSSI), the leading independent provider of maintenance programs to the business aviation industry, has launched an innovative new financial tool to provide the market with the latest data on the values of aircraft within a portfolio. The valuation tool is now live and available to customers within JSSI’s Asset Monitoring Platform (AMP) portal.
“Following the release of AMP 2.0 at the NBAA convention last year, we reached out to customers and asked for feedback on how to make their AMP experience more beneficial,” stated Charlie Rubinowicz, Product Manager at JSSI.
“The overwhelming majority requested a tool to actively follow market values of their aircraft and portfolio. We listened and responded with the AMP valuation tool, which accurately follows market trends. Additionally, as users input their own transaction values, the data set will be strengthened and valuation accuracy will be further improved,” added Rubinowicz.
This enhancement is a major feature of AMP 2.5, the latest version of the powerful financial management system that was first introduced to the aircraft finance community in 2015. The unique web-based platform assists in the mitigation of risk and the management of financed aircraft, providing business aviation lenders with better access to critical and real-time data pertaining to their portfolio. It provides a comprehensive picture of an asset’s historical utilization, as well as its past and future maintenance and financial obligations. Through the creation of customized alerts around an asset’s flight, payment, and maintenance activities, AMP notifies lenders of potential changes in the overall profile of the asset.
About Jet Support Services, Inc.
For nearly 30 years, Jet Support Services, Inc. (JSSI), has been the leading independent provider of maintenance programs to the business aviation industry, covering virtually all makes and models of business aircraft, engines, and APUs. JSSI provides its customers with comprehensive, flexible and affordable financial programs and tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine-powered aircraft, including business and commercial jets, turboprops and helicopters. As the creator of the revolutionary Tip-to-Tail® Program, JSSI is the only single source provider of this trademarked service. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors.
Other JSSI Services:
- JSSI Parts gives clients the advantage of JSSI buying power and expertise as the single largest purchaser of parts and maintenance services in the business aviation industry.
- Jet Engine Leasing offers engine- and APU-leasing solutions. JSSI owns several rental assets for hard-to-locate platforms and can source rental assets for almost anything that flies.
- AMP is JSSI’s dedicated Asset Monitoring Platform (AMP), available to business aviation lenders as a tool to assist in the mitigation of risk and the management of financed aircraft.
- JSSI Advisory Services utilizes JSSI’s technical expertise and global network to inspect your aircraft, perform an ASA-certified appraisal, or manage your next maintenance event.
Marj Rose, MarketLift
Tom Morton, JSSI