February 16, 2023
Aviation Today Is Like a Rubber Band That Stretched Too Far, What Happens Next? w/Brian Proctor
The Aerospace Executive PodcastAbout this episode
Over the last few years, the business of aviation has been impacted by so many powerful forces, it feels a lot like a rubber band that stretched too far. The question is: will that rubber band ever retract back to what it was before, or is this just the new normal? From inflation and the pilot shortage, to new buyers and changing pricing models, the industry has had to absorb a lot. Even though it just managed to bear the brunt of it, things may never be the same. In this episode, I’m joined by CEO of Mente Group and Four Corners Aviation, Brian Proctor. He shares his thoughts on the industry today, and how the new normal is impacting everything that touches it. Aircraft priceability is much less stable than ever before. That will begin to impact how owners think about the asset, but also lenders and insurance companies will begin to rethink how they go about valuing the airplane. -Brian Proctor Three Things You’ll Learn In This Episode - Scrappy from the start Starting a company in a down market doesn’t sound ideal, but can it serve you well in the long-run? - How Mente Group migrates to where value is in the marketplace How can companies keep up with the ever-increasing complexities of buying and selling aircraft? -Where the current aircraft pricing model falls short Is it high time we changed how we price aircraft to reflect the reality of the market? Guest Bio Brian is an aviation industry expert, the President and CEO of Mente Group and also the CEO of Four Corners Aviation. Brian has been serving private aviation clients for over 19 years. Having been involved in over $8 billion in aircraft transactions and over $7 billion in aviation business planning, Brian’s experience is sought by corporations and individuals worldwide. For more information, head to https://mentegroup.com/ and https://fourcornersaviation.com/ . Learn More About Your Host: Co-founder and Managing Partner for Northstar Group, Craig is focused on recruiting senior level leadership, sales and operations executives for some of the most prominent companies in the aviation and aerospace industry. Clients include well known aircraft OEM’s, aircraft operators, leasing / financial organizations, and Maintenance / Repair / Overhaul (MRO) providers. Since 2009 Craig has personally concluded more than 150 executive searches in a variety of disciplines. As the only executive recruiter who has flown airplanes, sold airplanes AND run a business, Craig is uniquely positioned to build deep, lasting relationships with both executives and the boards and stakeholders they serve. This allows him to use a detailed, disciplined process that does more than pair the ideal candidate with the perfect opportunity, and hit the business goals of the companies he serves.