The new subsidiary marks their entry into the used aircraft/engine asset trading business.
Next Level Aviation recently established a new subsidiary, Next Level Aviation-Ireland to meet customer demands in Europe, the Middle East, and African regions. The new subsidiary plans to support the customers, in Aircraft On Ground (AOG) situations, by strategically placing used serviceable material (USM) inventory in Ireland. As per the predictions, Next Level Aviation -Ireland is expected to grow to USD 100MM+ in annual revenues within five years through USM sales and used aircraft/engine asset transactions.
Jack Gordon, Chairman, and CEO of Next Level Aviation said, “This new subsidiary will expand our geographic footprint by strategically placing USM inventory in Ireland, closer to our EMEA customers and trading partners. The establishment of Next Level Aviation-Ireland, Ltd. will also mark our entrance into the used aircraft/engine asset trading business, where NLA seeks to develop a reputation as an efficient and reliable counter-party in the monetization of asset portfolios by airlines, leasing companies, and financial owners. NLA-Ireland will be built on the same founding principles of Next Level Aviation (US) which are decisiveness, integrity, superior customer service, impeccable quality assurance, and teamwork, and will mirror the performance-driven culture we have cultivated in the U.S. over the last nine years.”
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Next Level will soon announce the president of its new Irish subsidiary, who is a seasoned and respected industry leader with significant long-term relationships within the Irish leasing community and commercial aviation aftermarket globally.
