Aviation consulting firm ALTEA has appointed business jet specialist Michael Hoby Andersen as a full partner.
Hoby Andersen will bring technical and operational experience to the acquisition and sales of aircraft assets, underpinned by his extensive global network in VIP aviation.
Robin Dunlop, ALTEA founding partner, said: “Our customers expect solutions, often to very complex and unique problems, and this can involve bringing together operational, technical, financial and creative brains to work in complete alignment.
“Michael not only understands the commercial aspects of VIP jet operations but has a precision focus on safety and maintenance. This hands-on experience is invaluable as it instills instinctive trust.”
Hoby Andersen said: “ALTEA has the ability to engage with customers from all angles. The diverse skills, experience and industry backgrounds that the senior team brings are unique in the field.
“When these are combined, we offer one of the strongest support structures across asset management, financial solutions, design, and completions to guide and inspire owners and operators across the worldwide bizjet market. This is what sets us apart, and it is what attracted me to join the business.”
On behalf of ALTEA, Hoby Andersen recently coordinated the off-market sale of a Global 6000. He said: “Integrity and discretion were the cornerstones that underpinned this transaction and I consider these to be essential requirements for the acquisition and marketing of aircraft assets in the private sector.”
According to Dunlop and Hoby Andersen, the business aviation market in 2024 is steering its way through a challenging but opportunity-rich environment.
Addressing environmental regulations, managing rising costs, and integrating advanced technologies are just some of the key challenges that ALTEA says that its team oversees daily.
Dunlop adds: “The VIP/corporate jet arena is conscious of various heightened global risks currently, and economic volatility of course. But we can help our customers – private individuals, banks, corporations and governments – navigate careful and strategic investments in the sourcing, purchase and completion of all sizes of aircraft.
“Being adaptable and innovative is essential to prosper in this continually evolving landscape.”
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