Chicagoland-area aviation firm sage-popovich, inc. (SPI) has recently completed its 2,000th aviation asset recovery with the return of a Bombardier CRJ700 from an East Coast airport. This new milestone marks an important achievement for the 44-year-old company as it continues its transition toward a new generation of leadership.
The company’s current president, Petar Todorovic, continues SPI’s proud tradition of solutions-oriented services for clients and looks forward to the next chapter of growth for the firm.
Founded in 1979, SPI holds the distinction of being the world’s largest company specialising in the valuation of aviation spare parts. SPI offers aviation consulting, asset management, valuations, liquidations and support for aircraft, engines, spare parts, tooling, and ground support equipment (GSE). The company conducts its operations from the Gary/Chicago International Airport.
“The recovery of our 2,000th aircraft represents more than 2,000 complex problems resolved for our clients. It’s much more than just the recovery of property. For many of the entities we serve, these recoveries mark the end of long and arduous challenges. I can say that on behalf of our entire staff, there’s no greater feeling than delivering peace of mind to our customers,” Todorovic said.
Commenting on the current economic climate’s impact on SPI’s business, Todorovic said that 2023 has brought about a bit of an increase in demand for the company’s services. The company also has plans in the works to provide even more value for aviation owners.