8 March 2022
8 March, 2022
PRESS RELEASE
WINGX and Parapex Media are today officially launching a joint venture to provide their combined market intelligence on the global helicopter market.
This venture combines the long-standing and deep expertise of Parapex, a leader in helicopter fleet ownership and deployment for over 20 years, and the business insight platforms developed by WINGX across the global business jet fleets.
By blending their relative capabilities, Parapex and WINGX aim to create and distribute valuable insights to stakeholders in the global helicopter business, including operators, sales and charter brokers, service providers and investors.
Covering every civil-operated turbine helicopter in the western world, the business insight is provided by a combination of graphs, maps, data tables and downloads. Each user can select from the flight activity data based on a wide combination of factors including country, type of operation, operator, aircraft type, engine type and many others.
Richard Koe, MD of WINGX, said “We think this is a great opportunity to materialise the obvious synergies between our two businesses, and good timing, given the emerging and exciting convergence of business aviation and next-gen short-haul and eVTOL operations”.
Jeremy Parkin, MD of Parapex Media, added “This collaboration opens up new opportunities for the helicopter industry that have never been seen before. In combining our complementary knowledge and expertise, customers are afforded the ability to make better business decisions on the basis of accurate and well-presented data”.
About WINGX Advance GmbH
WINGX provides data, market intelligence and consulting on the global business aviation market for customers including aircraft manufacturers, engine and avionics suppliers, airports, MRO businesses, aircraft operators, brokers, fuel suppliers, FBOs, insurance companies, banks, regulators, legal advisors, leasing companies, investors and owners of business aircraft.
About Parapex Media
Parapex Media is a specialist marketing agency for the aviation industry, with interests in helicopter market intelligence data, helicopter industry news and social media management for aviation companies. Founder Jeremy Parkin made his first helicopter data sale while still at university, and has built a global team of contacts and researchers to maintain the Parapex database.
Continue reading free
Enter your email to unlock this article and get the WINGX Bulletin delivered to your inbox, weekly.
