Key Leadership Changes at JSSI to Enhance Aircraft Financing Services and Growth
JSSI Announces Key Executive Appointments
JSSI, recognized as a leading player in business aviation maintenance and financial services, has unveiled significant executive appointments designed to steer the future of JSSI Aviation Capital (JAC). This transition comes as the company aims to broaden its aircraft financing capabilities introduced in 2023, showcasing the unique benefits of combining financing solutions with its extensive service portfolio.
New Leadership Roles
Ben Hockenberg has been appointed as the Chief Investment Officer, a role critical in shaping the aircraft finance strategy for the organization. Hockenberg, who joined JSSI in 2020, has prior experience in investment banking and private equity, making him well-suited to drive the vision for JAC. His extensive background in financial services will guide him in managing transactions, investments, and overall portfolio strategy within the company.
Andreas Mauritzson has stepped into the position of Executive Vice President at JAC. With a strong background in business aviation, having previously served at XOJET Aviation and Sun Air Jets, Mauritzson is well-equipped to enhance operational efficiency and growth in his new role. His visionary approach aims to harmonize financing solutions with customer demands in an ever-evolving market.
Tim Elberfeld has been elevated to serve as both Chief Operating Officer and Chief Financial Officer. Since joining JSSI in 2022, he has played a pivotal role in enhancing organizational capabilities. In his expanded capacity, Elberfeld will manage not just the financial aspects but also operational functions, including client services and information technology, ensuring smoother operations and better client support.
Strategic Goals Moving Forward
The strategic appointments come with ambitious goals. Hockenberg plans to focus on integrating JSSI’s robust maintenance insights accumulated over 35 years with the financing solutions to provide bespoke asset-driven finance structures. This approach allows JAC to carve out a niche in the business aviation sector, leveraging JSSI's global reach and data-driven capabilities to optimize customer service.
Neil Book, JSSI’s President, and CEO stated, “With such a substantial footprint in aircraft maintenance, it’s essential that we now leverage that position to offer tailored financing solutions. Our combined talents and years of expertise will enable us to drive significant value for our clients.” He expressed confidence in Hockenberg and Mauritzson’s ability to navigate the company through its next growth phase, collaborating with industry partners to maximize client satisfaction and service delivery.
JSSI’s Impact on the Aviation Market
Founded in 1989 and based in Chicago, JSSI has continually positioned itself as the premier independent provider of hourly cost maintenance programs that cater to various aircraft makes and models. The company’s offerings not only encompass maintenance services but also extend to parts procurement, advisory services, and now, aircraft financing.
Supports for over 6,500 aircraft showcases JSSI's commitment to quality service and innovation. With the backing of prominent institutional investors such as GTCR, Genstar Capital, and Blackstone, JSSI is prepared to capitalize on the evolving needs of the aviation market, further enhancing its services to meet the unique requirements of aircraft owners and operators.
For more information about JSSI and its new appointments, please visit jetsupport.com.