Jet Support Services

Jet Support Services

Provides aircraft maintenance and financial services

About Jet Support Services

Simplify's Rating
Why Jet Support Services is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Financial Services

Aerospace

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$1.8B

Headquarters

Chicago, Illinois

Founded

1989

Overview

Jet Support Services, Inc. (JSSI) offers maintenance support and financial services for business aviation, serving owners and operators of various aircraft types. Their Hourly Cost Maintenance Program (HCMP) allows clients to manage maintenance expenses with fixed hourly rates, covering a range of services from inspections to overhauls. JSSI distinguishes itself by providing a comprehensive suite of services, including parts leasing and expert advisory support, aimed at enhancing aircraft maintenance efficiency. The company's goal is to minimize downtime and maximize the operational readiness of aircraft for its clients.

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Simplify's Take

What believers are saying

  • JSSI's expansion in Latin America captures growing demand in the business aviation market.
  • The introduction of JSSI PartsHub enhances operational efficiency for clients.
  • Strong financial backing from Blackstone supports JSSI's growth and innovation.

What critics are saying

  • Increased competition from companies advancing sustainable aviation technologies may impact JSSI's market share.
  • Expansion in Latin America poses risks related to economic instability and regulatory challenges.
  • Recapitalization may lead to increased financial scrutiny and pressure on operational decisions.

What makes Jet Support Services unique

  • JSSI offers the only hourly cost maintenance program for all business aircraft types.
  • JSSI's global network of certified technical advisors ensures comprehensive maintenance support.
  • JSSI Parts Leasing provides efficient parts ordering and leasing for various aircraft models.

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Funding

Total Funding

$1800M

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health coverage - We win at wellness. At JSSI, we believe that healthy and happy employees are better poised to make an impact in today’s global workforce. To that end, we provide industry-leading benefits plans that stay competitively priced for our employees and their families year after year.

Paid time off - We win at work-life balance. Our vacation benefits are highly competitive and increase based on tenure. In addition to our generous package of vacation, holidays, and sick days, JSSI also offers a Charitable Services Day in which employees are paid for a day of volunteering with a charity of their choosing.

Retirement package - We help prepare for a winning future. We all know the importance of saving for the future. In an effort to encourage our employees to plan for their retirement, JSSI provides an employer match to employee 401(K) contributions by matching 75% of employee contributions on up to 6% of eligible earnings.

Transporation - Move to win. Our commuter benefits plan gives JSSI employees the opportunity to set aside pre-tax dollars to put towards the inevitable use of parking and/or public transit to get to work each day.

Company News

Corporate Jet Investor
Oct 22nd, 2024
JSSI appoints David Caporali as SVP, Conklin & de Decker and Strategy

Jet Support Services (JSSI) has appointed David Caporali as senior vice president of Conklin & de Decker and Strategy.

Business Wire
Sep 20th, 2024
AIR COMPANY Raises $69M in Series B to Commercialize Carbon Utilization Technology and Sustainable Aviation Fuels

AIR COMPANY, a carbon conversion technology company, today announced it has raised $69M in Series B funding to advance its technology, promote energy

DOM Magazine
Sep 12th, 2024
Natalie Vander Kelen Joins JSSI as Vice President, Customer Support for Traxxall

Jet Support Services, Inc. (JSSI), an independent provider of maintenance support and financial tools to the business-aviation industry, announces the appointment of Natalie Vander Kelen as vice president of Customer Support for Traxxall, JSSI's suite of maintenance-tracking software solutions.

Aviation News Online
Sep 1st, 2024
Eve Air Mobility appoints chief commercial officer

Bhatia joined from Jet Support Services where she served as chief strategy officer.

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