Jet Support Services, Inc.

Jet Support Services, Inc. is a US-based company specializing in maintenance and financial services for the business aviation sector, providing innovative solutions that enhance operational efficiency and asset value for aircraft owners and operators. Founded in 1989 in Chicago, US, Jet Support Services, Inc. (JSSI) specializes in maintenance and financial services for the aviation industry.

The company was established by Lyle Thaut and has since developed a solid reputation in the business aviation market. Currently led by CEO Neil Book, JSSI has successfully executed four deals, with the most recent occurring on November 10, 2022. Jet Support Services, Inc. (JSSI) primarily specializes in providing comprehensive maintenance and financial services tailored for the business aviation sector.

Its core product offerings include Hourly Cost Maintenance (HCM) Programs, parts procurement, and advisory services. The HCM Programs stabilize maintenance budgets and enhance the residual value of aircraft, offering peace of mind to operators of turbine-powered aircraft. Additionally, JSSI provides parts leasing solutions with over 60,000 lines of stock available, and advisory services that encompass technical advice, aircraft appraisals, asset inspections, and maintenance event management, leveraging decades of independent maintenance data. JSSI operates globally, serving clients in North America, Europe, and Asia.

JSSI generates revenue primarily through its subscription-based HCM Programs and parts leasing services. Clients enter agreements for maintenance coverage structured around options like engine, APU, airframe, and Tip-to-Tail® coverage, paying set fees that facilitate effective budget management. Additional revenue streams come from parts procurement services, with clients able to quickly fulfill requests from JSSI's extensive inventory. Advisory services are typically billed on a project basis, supporting long-term client relationships that emphasize tailored solutions in the business aviation sector.

In November 2022, Genstar Capital and GTCR, alongside the company's management, invested in Jet Support Services, Inc. Financial terms were not disclosed. This investment will propel the firm into its next growth phase, focusing on the development of new products and the expansion into additional markets. Specific upcoming products and their release dates are currently not detailed, but the company aims to leverage this recent funding to enhance its service offerings and penetrate new geographic regions in the near future.