FOR IMMEDIATE RELEASE
June 27, 2022 – Dallas, TX PREO Aerospace, a Texas-based Sales, Marketing, and M&A consulting firm, has partnered with GAV Holdings to form and launch PREO ISR, LLC, an aircraft leasing company focused on the ISR (Intelligence, Surveillance, and Reconnaissance) marketplace. The airborne ISR market is crucial for various civil applications, benefitting multiple sectors, including border security, law enforcement, environmental management, disaster response, infrastructure maintenance, urban planning, agriculture, and remote sensing.
“With the ISR market being underserved, we aim to lead the charge in bringing a sophisticated level of service and customer support worthy of the mission.” Said Pete Ring, President and CEO of PREO ISR. “Our vision is to offer reliable, efficient, and cost-effective leasing solutions packaged with a carbon-neutral aircraft for both existing ISR customers and new ones.”
“With PREO ISR, we recognize the potential to impact various aspects of society and drive economic growth. We are dedicated to pushing boundaries, exploring untapped markets, and developing solutions that will transform the industry as we know it,” said Taylor Brown, Executive Director for GAV Holdings. “The team at PREO ISR, with their deep expertise in the ISR market and aerospace world truly make this a great partnership to go and deliver unmatched services and products to this market.”
In a move to provide flexible options for airborne Intelligence, Surveillance, and Reconnaissance (ISR) operations, PREO ISR introduces long-term and short-term leasing solutions. Organizations can enjoy a more permanent and cost-effective solution for their operational needs by opting for leasing instead of owning a depreciating asset. Long-Term Leasing: For those seeking a permanent solution, long-term leasing offers the advantage of easier budget approvals as an operational expense while ensuring your fleet stays equipped with the latest technology. Leasing options start at 12 months and can extend up to 7+ years, tailored to meet each client's specific requirements. Additionally, PREO ISR provides leaseback options for your existing aircraft, adding further flexibility to the arrangement.
PREO ISR is taking orders now with plans to start delivering fully equipped assets in late Q4 2023.
About PREO Aerospace
Recognized as an industry leader, PREO Aerospace is well-versed in serving customers of all sizes, local or global. Their expertise lies in providing comprehensive solutions for sales, marketing, technical services, and Mergers and Acquisitions activities. With a combined experience of over 40 years, the PREO Aerospace team specializes in various areas, including the NextGen Airspace Transformation, domestic and international regulatory processes, prime vendors, FAA Part 145 Repair Stations, MRO Facilities, Aerospace OEMs, and emerging technologies such as UAM, UAVs, and AI operations and integrations. They have extensive knowledge in rotorcraft, general aviation, airline transport, and military operations, enabling them to offer solution-based strategies and support to the aerospace community. For more information, visit: www.preoaerospace.com
About GAV Holdings
GAV Holdings is a dynamic and innovative holding company focused on the aviation and aerospace industries. Our long-term vision is to expand our range of specialized divisions and services to have exposure to every facet of the aviation industry value chain. We aim to provide end-to-end solutions for clients in the aviation and aerospace industries, from aircraft leasing and financing to operations, maintenance, training, M&A, consulting, and venture capital. Our core values of innovation, excellence, and integrity guide everything we do. We are committed to staying at the forefront of the aviation and aerospace industries by developing and implementing new technologies and best practices that improve safety, efficiency, and sustainability. For more information, visit: www.gavaircap.com