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ASSET INSIGHT ADDS HELICOPTER AIRCRAFT TO ITS ASSET GRADING PROGRAM

Buyers, Sellers and Financiers now can compare Helicopters

 

AMISSVILE, VA (September 3, 2013) Asset Insight, Inc. (www.assetinsightinc.com) ) today announced that it has expanded its Asset Grading System ProcessTM (AGSP) program to include 16 helicopter models manufactured by various original equipment manufacturers (OEMs). This innovative appraisal tool now enables buyers, sellers, and financial services companies to evaluate accurately the projected maintenance costs for a wider variety of new and pre-owned aircraft and thereby make better-informed buying and financing decisions. This addition of helicopters further expands the extensive, and continually increasing, range of heavy, medium, and light jets, as well as many turboprops already covered by the Asset Insight AGSP.

“We view our agreement with Jetlevel as a natural progression toward establishing the Asset Insight Index as the global standard by which an aircraft’s technical condition is measured and graded,”said Tony Kioussis, President of Asset Insight, Inc. “An aircraft’s maintenance condition is a major component of its value. Our services enable anyone with an ownership interest in such an asset the ability to more accurately value the asset through a better understanding of the aircraft’s maintenance condition and how it compares to other aircraft, including those listed for sale.”

“We received a number of industry requests to apply our Asset Grading System Process to helicopters, and we are pleased to address the market’s requirements,”said Tony Kioussis, President of Asset Insight, Inc. "Our goal is to create the first industry standard that enables users not only to analyze and grade objectively the maintenance condition of any aircraft, but also allows them to compare that condition to any other make and model aircraft. The addition of helicopters will now enable even more current and prospective owners and operators to utilize our AGSP program."

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Asset Insight, Inc. (www.assetinsightinc.com) provides asset evaluation and financial optimization services. The company's "Asset Grading System Standard"(Patent Pending), and related analyses, provides the ability to translate the asset’s technical condition into easy-to-understand, actionable financial information. Asset Insight is independent of any manufacturer, appraisal firm, financial services firm, or technical services facility, enabling it to provide an unbiased view of an asset’s condition with respect to its technical status and related financial exposure. The company is managed by business, technical and financial professionals with significant experience in aviation asset management.

MEDIA CONTACTS

ASSET INSIGHT, INC.

Tony Kioussis

[email protected]

540-905-4555