1. AERFIN (CAERPHILLY)
Civil aviation parts distributor and lessor | Established in 2010
The only business to top the Fast Growth 50 list two years in succession, AerFin is a market leading civil aviation parts distributor and lessor that supplies quality serviceable used aircraft parts to the global aviation market. It does this through technically focused, innovative supply chain solutions aimed at reducing airlines maintenance and operational costs. The business operates over two locations and is headquartered in a 105,000 sq. ft. former General Electric Aero Engine Services facility in Caerphilly where it provides engine leasing, engine disassembly, engine part sales and technical advisory services. AerFin added a second location (Crawley, West Sussex) in September 2015. AerFin drives cost savings and efficiencies in the supply chain of its customers by obtaining the majority of its inventory from retired aircraft. In a typical transaction, the engines are dropped from the aircraft and, depending on condition, are either kept whole for lease or sent to the Caerphilly facility for disassembly to piece parts. By working alongside select partners, airframe components are removed from the aircraft before the empty hull of the aircraft is environmentally disposed of.
1226.0% growth between 2014 and 2016