NexGen Aero

NexGen Aero, LLC is an aviation asset investor and parts supplier based in Doral, Florida. It was formerly H & H Air Parts. The company was founded in 1994 and acquired in 2011 to combine the knowledge of a parts supplier with private investment capital.

NexGen invests in aviation assets. These include whole aircraft and engine acquisitions for teardown, leasing or resale. It also buys excess parts inventories. The company puts an emphasis on Next Generation and high utilization aircraft.

The website says NexGen uses its industry knowledge and investment platform to identify and acquire high demand aircraft and parts. It supplies airlines, MROs and parts distributors.

Its aircraft trading and leasing business uses market forecasting tools to anticipate the cyclical demand for each aircraft model. It focuses on high utilization aircraft. It also sources aircraft that meet specific requirements set by airline and cargo operator customers.

Leasing and teardown work together. NexGen acquires aircraft with one or two leasing cycles left and leases them to airline customers. The website says this creates a natural pipeline of affordable aircraft for teardown.

The company also offers engine trading and leasing, and it keeps parts inventories for airlines, MROs and parts distributors. The site lists its inventory and trading pages separately.

NexGen has warehouses in Doral and Miami, Florida, and in Mesa, Arizona. The company lists sales, purchasing and general contact addresses on its website. Its site also displays an ASA accreditation logo for its supplier status. The site says NexGen uses forecasting tools to anticipate the cyclical demand for each aircraft model over its serviceable life. The company says it is actively developing a pipeline of aircraft and proprietary deal flow for its teardown operations. Its contact page lists separate addresses for the Doral headquarters and US warehouse, the Miami warehouse and the Mesa warehouse. The website footer shows its copyright and its ASA and veteran-owned logos.

Services

• Parts inventories
• Aircraft trading and leasing
• Engine trading and leasing
• Aircraft teardown
• Excess parts inventory purchase
• Whole aircraft acquisition
• Aviation asset investment