ACC Aviation Finishes Strong First Quarter With Increased Consultancy in Africa
/ACC Aviation, the leading UK-based aviation consultancy, with offices in five global continents, reports a more than 20% year on year growth in the first quarter of 2021, despite the harsh impact on aviation brought about by the global pandemic. This follows a 200% year on year growth in charter sales in 2020.
The business has been active internationally in aircraft sales transactions, business advisory and restructuring programs, together with consultancy projects, including a number in Africa, which has become a leading emerging market for start-up carriers.
Since the start of Covid-19, ACC’s work has largely been segmented into two areas: 1. Helping existing airlines restructure, raise fresh capital, renegotiate financial obligations and offload excess assets and 2. Supporting new airlines, or those ‘rebirthing’ – to fill market gaps left by incumbent carriers and to take advantage of lower cost aircraft availability, and a fresh balance sheet.
ACC Aviation was ranked 85th in last month’s Sunday Times BDO national Profit Track 100 Awards. Its special ‘Covid-19 edition’ recognized the impressive past performance of all featured companies, highlighting the contribution they made to the economy and society during the pandemic. ACC Aviation first entered the Profit Track 100 line up in 2020 and has featured in the Sunday Times HSBC International Track 200 since 2013.