New State Aviation Increases Light Business Aircraft Portfolio with Finnoff Acquisition | Aviation International News

Maintenance and Modifications

New State Aviation Increases Portfolio with Finnoff

Finnoff Aviation Products has become the third light-turbine business aircraft services provider under New State Aviation Holding's umbrella.

Finnoff Aviation Pilatus PC-12 with 7 blade propeller on airport ramp — Finnoff Aviation Products joins Avex and Blackhawk Aerospace in the growing New State Aviation Holdings portfolio. (Photo: Finnoff Aviation Products)

By Kerry Lynch • Editor, AIN monthly magazine

June 15, 2023

New State Aviation Holdings is increasing its aviation services reach with the acquisition of Finnoff Aviation Products, which specializes in upgrades for Pilatus PC-12 and Beechcraft King Air turboprops. Terms of the acquisition were not disclosed.

Broomfield, Colorado-based Finnoff becomes the third business under the New State Aviation Holdings umbrella and expands its foothold in the light business turbine market. Private equity firm New State Capital Partners launched New State Aviation Holdings in December 2021 with the acquisition of Avex—a Daher TBM sales and maintenance provider—and followed that with the acquisition of aircraft performance specialist Blackhawk Aerospace at the beginning of the year. Chad Cundiff, a long-time Honeywell executive who led Astronautics for eight years as president, joined New State Aviation Holdings in early 2022 to serve as CEO.

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