Joseph Fernandez
Miami, FL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Sky Aerospace Engineering, Inc
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Startup
Location:
Miami
Industry:
Transportation
Year Founded:
2008
Number Employees:
100-250 people
Description:
Sky Aerospace Engineering (SAE) is a Corporation registered in Delaware. We are a start-up maintenance repair and overhaul (MRO) corporation, seeking the share of the MRO market. SAE will provide airlines and operators aircraft maintenance and repairs. The MRO market will gain significant business, 73% in 2017 up from 52% in 2007, bringing a market value of US $61 billion. SAE is has located a hangar facility, which will undergo some modifications to accomodate the larger commercial aircraft. The facility will have multiple bay hangar, with its support shops and administrative offices. We estimate commencing operation in Dec 08; our five year plan shows initial revenue of US $2,000,000 and substantial growth year-over-year to the sum of US $63,526,000. The Company’s plan shows profitability in the same five-year period, averaging over US $21,000,000 net yearly.
The Company will be controlled by its Directors and Officers for the benefit of the Shareholders. The owners are: President and Chief Executive Officer, Mr. Joseph A. Fernandez, who holds the majority of the shares and by Treasurer, Monica L. Fernandez.
Mr. Fernandez has 27 years of experience in the aviation industry, the majority of his experience has been in middle and senior management of airlines in maintenance engineering and operations.