BeauTech Power Systems (BPS) was recently named by Inc. Magazine as one of their most successful companies in America. The magazine tracks the top 5,000 fastest growing private companies based in the US and publishes an annual ranking. For this years’ list the magazine reviewed private, independent companies based on revenue generated from 2015 through 2018. BPS cracked the top 20% and was ranked at #814!
Igor Tchounkovskii has joined BeauTech Power Systems, LLC (BPS) as Senior Financial Analyst, bringing 9 years of financial services experience to the team. In this role, he will be supporting the finance, accounting and reporting functions of the Company. Prior to joining BPS, Mr. Tchounkovskii was the Senior Corporate Underwriter at Umpqua Bank where he focused on underwriting complex corporate and commercial credits in the financial services and aviation industry. Igor graduated from the University of Texas at Arlington with a Bachelor of Business Administration in Finance. Currently, Igor is a Level II candidate in the Chartered Financial Analyst (CFA) Program.
BeauTech Power Systems team members will be attending the following conferences and trade shows in the coming weeks and months:
Sept 4-6 Regional Airline Association Convention – Nashville, United States
Sept 11-12 Aero-Engines Europe – Frankfurt, Germany
Sept 11-12 Reno Air Show – Reno, United States
Sept 23-25 ISTAT EMEA – Berlin, Germany
Oct 8-10 ERA Association General Assembly – Nice, France
Oct 15-17 MRO Europe – London, United Kingdom
Nov 4-5 CFM/GE Lessor Conference – Berlin Germany
Nov 4-6 Airline Economics Growth Frontiers – Hong Kong
Nov 13-14 ISTAT Latin America – Buenos Aires, Argentina
BeauTech Power Systems was recently recognized by AirFinance Journal with the “Used Aircraft Deal of the Year” award for 2018. The award recognizes BeauTech and NAC’s partnership in structuring the sale, leaseback, and scheduled return of 25 Embraer E190 aircraft with Air Canada. Read more about the deal here. The award ceremony was held in New York City at the Metropolitan Club on May 2, 2019 and was an amazing event.
Josh Lewis, BeauTech’s designated Golf Pro, had an historic shot last week at GEAM’s 4th Annual Lone Star Heroes Classic. Josh’s second hole of the tourney, #17 on Bear Creek West, was set up for 157 yards from the blue tees. Josh’s shot cleared the front right bunker, bounced towards the right center of the green, and…rolled right into the cup!! A hole in one for Josh and certainly the first hole in one for team BeauTech!
Way to go Josh!!
Tobias Neumann has joined BeauTech Power Systems, LLC (BPS) as Director Technical (Europe), bringing more than 10 years of aviation experience to the team. Tobias will broaden the team at our Frankfurt office.
Prior to joining BPS, Tobias was working at Lufthansa Technik AERO Alzey within several departments. The last 8 years he was part of the Engine Leasing & Asset Management team, involved in all aspects of Engine Leases, Asset Purchases & Sales, Repair Management and engine part-outs.
Tobias holds a master degree in Automobile Technic as well as a degree in Business Administration & Economics from VWA Mainz
Welcome to the team Tobias!
We are honored to be included as part of the Dallas 100TM this year and are excited about our prospects for future years.
Thomas Mueller has joined BeauTech Power Systems, LLC (BPS) as Vice President Sales (Europe), bringing 10 years of aviation experience to the team. Thomas will be anchoring our new Frankfurt office and is our first direct hire in Germany.
Glad to have you on board Thomas!!
Nordic Aviation Capital (NAC) has entered into an agreement with BeauTech Power Systems, LLC (BeauTech) for the purchase of 25 Embraer E190 aircraft which BeauTech has arranged to purchase from Air Canada. The 25 aircraft have short lease back periods with Air Canada over the forthcoming 18 months. This transaction, which is expected to close by the end of August 2018, serves to further establish NAC’s position as one of the largest lessors in the regional jet and turboprop sector. With the downstream acquisition of certain of the aircraft following their lease return, this deal also strengthens BeauTech’s position as a premier regional jet engine lessor, with one of the largest portfolios of CF34 lease engines in the global market.
“We are investing heavily in growing the business through strategic acquisitions such as this one with Air Canada. NAC’s investment in this attractive portfolio of assets underlines our confidence in the long-term growth prospects of the regional jet market. This market is a burgeoning one, and we are delighted to have partnered with BeauTech in this joint venture” said Martin Moller, Chairman, NAC.
“BeauTech is pleased to partner with NAC on this acquisition. By applying the synergies between our two companies we are able to optimize the disposition of these assets and provide continued support to both the aftermarket and the secondary in-service lease markets” said Lee Beaumont, CEO, BeauTech.
About BeauTech Power Systems
BeauTech Power Systems leases regional and narrowbody commercial aircraft engines to airlines, OEMs and Maintenance Repair and Overhaul (MRO) service providers worldwide. Based in Dallas, Texas, BeauTech specializes in CF34 and CFM56 engines and its lease portfolio includes all CF34 engine model variants operated on the CRJ and E-Jet platforms. BeauTech was founded in 2011 with the focus to support airline customers with the best engine lease practices in the industry. As part of its focus in this market, BeauTech is also active in the trading of regional and narrowbody aircraft and engines.
About Nordic Aviation Capital
NAC is the industry’s leading regional aircraft lessor serving over 70 airline customers in 48 countries. The company provides aircraft to well-established carriers such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Flybe, Aeroméxico and airBaltic as well as major regional carriers including Air Nostrum and Widerøe. NAC’s current fleet of almost 500 aircraft includes E170, E175, E190, E195, ATR 42, ATR 72, Bombardier Dash 8, CRJ900, CRJ1000 and CS300. In addition, the group has circa 50 aircraft on firm order. NAC is the largest owner and lessor of both ATR and Bombardier aircraft in the world.
For additional information, please visit us at www.beautech.aero
Phone: +1 214 764 8364
Located in the Westhafen Tower in the heart of Frankfurt, the new location will provide plenty of space to host meetings, entertain customers, and house our growing team!