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Asset management programs debut

By Janice Wood · September 14, 2009 ·

Royal Palm Aviation, Inc. of Boca Raton, Florida, has introduced new aviation asset management programs to help financial institutions and private aircraft owners address the problem of neglected parked, non-flying aircraft.

The management programs include aircraft inspections, acquiring and scheduling crews, negotiating insurance procurements, hangar acquisitions, aircraft detailing, long-term preservation, maintenance and remarketing for aircraft ranging from jets to helicopters. Programs are available worldwide.

“Aircraft in genera,l but especially large aircraft, require continual support, whether flying or not, to maintain their integrity and value,” said Robert Allegra, president. “The current state of the economy, record high fuel prices, and increased maintenance costs have left aircraft owners not only facing potential risks of defaulting on aviation loans but also canceled insurance contracts and warranties from not meeting manufacture engine maintenance standards.”

For more information: RPA.aero

About Janice Wood

Janice Wood is editor of General Aviation News.

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