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Jet Support Services
Jet Support Services, Inc. (JSSI) is a maintenance support and financial services provider to the aviation industry. The company offers hourly cost maintenance, or Power by the Hour, programs for corporate and private aircraft engines, Auxiliary power unit, APUs and airframes. The company's JSSI Parts & Leasing division provides parts, engine and Auxiliary power unit, APU leasing support for approximately 10,000 aircraft maintenance events each year. Following the acquisitions of TRAXXALL, SierraTrax and Conklin & de Decker, JSSI also offers aircraft consulting services and software to support aircraft owners and operators with aircraft maintenance tracking, acquisition, financing and operating decisions. JSSI was founded in 1989 and is headquartered in Chicago, Illinois, and Farnborough, Hampshire, Farnborough, United Kingdom, UK. In 2008, the company was acquired by RH Book Enterprises and 1848 Capital Partners, LLC. In 2020, private equity firm GTCR partnered with JSSI to recapit ...
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Power By The Hour
Aircraft maintenance is the performance of tasks required to ensure the continuing airworthiness of an aircraft or aircraft part, including overhaul, inspection, replacement, defect rectification, and the embodiment of modifications, compliance with airworthiness directives and repair. Regulation The maintenance of aircraft is highly regulated, in order to ensure safe and correct functioning during flight. In civil aviation national regulations are coordinated under international standards, established by the International Civil Aviation Organization (ICAO). The ICAO standards have to be implemented by local National Airworthiness Authority, airworthiness authorities to regulate the maintenance tasks, personnel and inspection system. Maintenance staff must be licensed for the tasks they carry out. Major airworthiness regulatory authorities include the US Federal Aviation Administration (FAA), European Union Aviation Safety Agency (EASA), Australian Transport Safety Bureau(ATSB), ...
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Aircraft
An aircraft is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines. Common examples of aircraft include airplanes, helicopters, airships (including blimps), gliders, paramotors, and hot air balloons. The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called '' aeronautics.'' Crewed aircraft are flown by an onboard pilot, but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, such as lift type, aircraft propulsion, usage and others. History Flying model craft and stories of manned flight go back many centuries; however, the first manned ascent — and safe descent — in modern times took place by larger hot-air ...
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Auxiliary Power Unit
An auxiliary power unit (APU) is a device on a vehicle that provides energy for functions other than propulsion. They are commonly found on large aircraft and naval ships as well as some large land vehicles. Aircraft APUs generally produce 115  V AC voltage at 400  Hz (rather than 50/60 Hz in mains supply), to run the electrical systems of the aircraft; others can produce 28 V DC voltage. APUs can provide power through single or three-phase systems. Transport aircraft History During World War I, the British Coastal class blimps, one of several types of airship operated by the Royal Navy, carried a ABC auxiliary engine. These powered a generator for the craft's radio transmitter and, in an emergency, could power an auxiliary air blower. One of the first military fixed-wing aircraft to use an APU was the British, World War 1, Supermarine Nighthawk, an anti-Zeppelin night fighter.Andrews and Morgan 1987, p. 21. During World War II, a number of large Ameri ...
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Airframe
The mechanical structure of an aircraft is known as the airframe. This structure is typically considered to include the fuselage, undercarriage, empennage and wings, and excludes the propulsion system. Airframe design is a field of aerospace engineering that combines aerodynamics, materials technology and manufacturing methods with a focus on weight, strength and aerodynamic drag, as well as reliability and cost.Michael C. Y. Niu (1988). ''Airframe Structural Design''. Conmilit Press LTD. History Modern airframe history began in the United States when a 1903 wood biplane made by Orville and Wilbur Wright showed the potential of fixed-wing designs. In 1912 the Deperdussin Monocoque pioneered the light, strong and streamlined monocoque fuselage formed of thin plywood layers over a circular frame, achieving . First World War Many early developments were spurred by military needs during World War I. Well known aircraft from that era include the Dutch designer Anth ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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Farnborough, Hampshire
Farnborough is a town in northeast Hampshire, England, part of the borough of Rushmoor and the Farnborough/Aldershot Built-up Area. Farnborough was founded in Anglo-Saxons, Saxon times and is mentioned in the Domesday Book of 1086. The name is formed from ''Ferneberga'' which means "fern hill". According to the UK-wide 2011 Census, the population of Farnborough is 57,486. The town is probably best known for its association with aviation, with the Farnborough Airshow, Farnborough Airport, Royal Aircraft Establishment, and the Air Accidents Investigation Branch. History Farnborough is mentioned in the Domesday Book as part of the settlement of Crondall. Over the centuries, it was known as ''Ferneberga'' (11th century); ''Farnburghe'', ''Farenberg'' (13th century); ''Farnborowe'', ''Fremborough'', and ''Farneborough'' (16th century). Tower Hill Tower Hill, Cove: There is substantial evidence that many years ago a large accumulation of Sarsen stones existed upon what later came t ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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GTCR
GTCR LLC is a Chicago, Illinois-based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The firm principally invests in high-growth industries, including financial services & technology, healthcare, information services & technology, and growth business services. Since 1980, GTCR has reportedly invested more than $15 billion in over 200 companies."About GTCR"
, company webpage
As of 2021, the firm has more than 80 employees, including over 40 investment professionals.


History

The company was founded in 1980 as Golder Thoma & Co. by Stanley Golder, Carl Thoma, and Bryan Cressey. In the 1970s, Golder built the private equity program at
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