News & Views
Keystone Aviation to Expand Service and Maintenance Capabilities in UT and AZ, Powered by Elevate Holdings
MRO expansion is part of a larger strategy to grow both companies’ executive fleets and maintenance operations throughout the U.S.
Seabrook, NH – February 3, 2022 – Keystone Aviation, the premier aircraft management and charter operator in the Intermountain West and recent addition to the Elevate Holdings, Inc. portfolio, today announced plans to expand its maintenance, repair and overhaul (MRO) capabilities and relocate its administrative offices. The efforts by Keystone Aviation to grow its operations and enhance its facilities to enrich the customer service experience is supported by the recent acquisition by Elevate Holdings. The company provided an injection of resources and organizational expertise to fuel expansion and has earmarked additional capital to invest in Keystone Aviation’s MRO chain.
“Together, Elevate Holdings and Keystone Aviation are focused on growing our executive fleet nationwide and developing a robust customer-centric aircraft maintenance organization,” said Greg Raiff, CEO of Elevate Holdings. “The next 6 to 12 months will set the stage for long-term, sustainable growth while increasing our current ability to deliver maximum value to our customers.”
Organizational changes designed to align personnel strengths with areas of expertise will accompany the MRO expansion initiative. Jim Slack, Senior Vice President of Maintenance Strategy for Elevate Holdings, will become President of a designated new MRO entity and manage Keystone’s Part 145 Repair Stations in Salt Lake City, UT and Scottsdale, AZ. Slack has 35 years of aircraft maintenance experience with an emphasis on Repair Station development and operations. Bill Hoddenbach, Vice President of Aircraft Maintenance, will continue as Keystone’s Part 135 DOM, with Jimmy Ray remaining as the Chief Inspector. Keystone Aviation’s Part 135 Certificate will be managed and operated independently by Keystone President Aaron Fish.
“We intend to spearhead growth through excellence in maintenance and customer service, and these expansion plans are representative of that intent,” says Jim Slack. “Elevate and Keystone share a commitment to quality, safety, and customer service, and we believe these investments in our joint MRO capabilities are a pathway to success in a competitive marketplace.”
Beyond this current expansion, an additional MRO location has already been identified and will be funded by Elevate Holdings capital. Elevate Holdings, which became the fifteenth largest aircraft management business in the United States with its acquisition of Keystone Aviation last month has made building up maintenance and repair organizational capabilities a cornerstone of its growth strategy.
“This transition positions us to compete more effectively in the U.S. private aviation market,” added Slack. “We look forward to adding more capacity and creating better experiences for our customers.”
For more information about Elevate Holdings and Keystone Aviation’s MRO expansion or to speak with Elevate Holdings CEO Greg Raiff, please contact Vanessa Horwell at firstname.lastname@example.org.