Artemis Aerospace opens hubs in Florida, California

With its global aviation support business flying high, Wiston, England-based Artemis Aerospace is expanding in the U.S.

Located in Miami, Florida and Los Angeles, California, Artemis's stateside hubs will streamline orders and deliveries for U.S.-based customers for quicker and more efficient service.

The company operates a global, solution-led service across multiple disciplines, including component supplies, component repairs, lessor support, flight simulation hardware support, consignment stock management, and global aircraft logistics.

Company management believes it's the right time because rapid growth in the U.S. aviation industry means opportunities for suppliers.

According to the Airports Council International, the aviation industry is predicted to recover fully from the effects of COVID-19 in 2024, with passenger traffic estimated to reach 9.4 billion passengers. A report produced by the International Air Transport Association (IATA) states that the demand for air travel is expected to double by 2040, growing at an annual average rate of 3.4%. It's an impressive show of resilience in an industry which ground to an almost complete halt during the pandemic.

North America has made a strong recovery so far. IATA's June 2023 report 'Global Outlook for Air Transport' says it's the stand-out region in terms of financial performance; it was the first market to return to profitability in 2022. With the demand for air travel remaining high, it's expected to improve on this still further with an estimated net profit of $11.5 billion as of the end of 2023.

The aviation industry is a generous contributor to the U.S. economy. A new economic study released by the National Association of State Aviation Officials (NASAO), the Alliance for Aviation Across America (AAAA), and the American Association of State and Highway Transportation Officials (AASHTO) found that aviation in the U.S. supports over 1.1 million jobs and has an economic impact of over $246 billion every year; there are more than 4,800 public airports, 3,383 fixed-base operators, 4,144 repair stations, over 2,200 charter companies, and 643 flight training operations.

With this resounding vote of confidence in American aviation and after a great deal of research, Artemis made the decision to open the two new U.S. hubs.

Jim Scott, co-founder and managing director of Artemis Aerospace, said: "We were finding that our multi-discipline business, including component supplies, component repairs, lessor support, flight simulation hardware support, consignment stock management, and global aircraft logistics was handling a rapidly increasing amount of work in the U.S., and this seemed a natural extension to our service. The hubs streamline orders and deliveries, making an even faster and more efficient service, and have also enabled the establishment of U.S. banking facilities for the convenience of our U.S. customers."

After only three months, Artemis's two new hubs are already making a solid contribution to the U.S. aviation industry and the company is looking forward to plenty of new business.

With decades of expertise in global aviation logistics, the expert team works with trusted MROs, OEMs, and aftermarket suppliers around the world to offer 24/7 support to its global customer base.