ACC Aviation Highlights Strong Second Quarter

ACC Aviation, the global aviation services group, with offices on five continents, reports positive growth in the second quarter of 2021, driven by US and UK Charter as well as steady growth in its consulting division.

Charter volume in the US and UK was up 39% year on year.  Highlights included an uptick in the use of corporate shuttles, across the USA, Europe, and Asia, from the manufacturing, transport and sports sectors.  ACC Aviation has supported a number of corporations with regular program flying. US domestic business travel continues to lead the recovery with encouraging booking levels through 2021 into early 2022. 

ACC Aviation’s consultancy arm fared well in Q2, with 1H revenues up 18% compared with the same period in 2020, and 33% up on 2019. With increased activity across aircraft disposal and acquisition, and sale-and-leaseback projects, the business is backing further expansion of its consulting division with its entry to Aviation Finance Advisory. ACC Aviation has appointed Viktor Berta as VP of Aviation Finance Advisory where he will be supporting new and existing clients in analysing financing and leasing arrangements, restructuring existing indebtedness, and sourcing new forms of financing.    

The market is improving, driven by US corporate travel, buoyed too by encouraging levels of ad hoc leisure charter to destinations like Mexico and the Caribbean, emphasising the pent-up demand for leisure travel.  Charter opportunities will benefit hugely when the corridor finally opens between the USA and Europe, says Director of Charter Richard Smith. The UK has been challenging, but there are still many opportunities for specialist sector travel, he notes.

ACC Aviation’s Consultancy arm sees an increased volume of aircraft transactions and financial restructuring, driven by the initial stages of market recovery.