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Aero Services |
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Expert Opinion>>
Due Diligence>>
New Product Research>>
Existing Product Research>>
New Product Development>>
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Expert Opinion |
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Are
you part of a legal group or organization seeking Expert Opinion
on aerospace matters. We have provided expert opinion
regarding wages, hiring, remuneration and aerospace profits/contracts.
M&A is on the approved Expert
Opinion list provided by the Insurance Corporation of British Columbia.
McNeal and Associates has worked
for Blake, Cassels & Grayden; Harper, Grey, Easton; Graham and
Frame; and Paine Edmonds. |
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Some
of our more recent cases:
- A borrower failed to repay a large repayable
loan, based on profits. McNeal & Associates provided expert
opinion on whether fair equipment purchases were made from the
Parent Company and how the borrower's profits/losses compared
to its competitors.
- An individual was seeking redress from a vehicle
accident. This individual was working as a helicopter mechanic
in a public role. McNeal & Associates provided all wage and
benefit information for public and private helicopter mechanic
positions.
- A student pilot was injured years earlier in
an assault. This student pilot was denied training due to an eye
injury from the assault. McNeal & Associates provided all
wage and benefit information for Canadian pilots across a variety
of employers.
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Due Diligence |
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Are
you part of a fund company or investor group looking to do "Due
Diligence" on an aerospace firm or product? |
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Some recent projects:
- M&A performed an analysis of three (3) Technology
Partnerships Canada repayable loans. M&A reviewed the submitted
Business Plans, performed a forecasting analysis, and analyzed
risks to TPC loans. The diligence either substianted the business
case of the applicants or cautioned the lenders.
- M&A helped the Royal Canadian Mounted Police
decide between three aircraft (and operator proposals) for its
service in Northern Ontario.
- M&A helped Société générale
de financement du Québec (SGF) decide which of two general
aviation aircraft were best positioned for an SGF Investment.
- M&A helped FIND/SVP and TelTech perform an
analysis of aviation repair and overhaul operations that would
make a good acquisition for its client.
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Existing Aero Product
Market Research
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Do you
want to know where your products are now? Do you want to know where
the will be in 10 years?
M&A uses its AvSoft
license to accurately track the world's aircraft fleet and forecast
both the fleet and component removals. AvSoft has now included component
tracking devices for components such as avionics. To
see all what our AvSoft license can offer>> |
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Some recent projects:
- A major avionics repair and overhaul firm was
faced with a decision for their legacy product no longer in production
(on aircraft slowly being retired) . Do they sell the business
to competitors while still profitable? Do they sell in five years
when profits are severely reduced by competitor inroads and an
influx of cannibalized spares. Or will the fleet and forecast
product removals be strong enought to support the client for another
ten years? M&A completed a model where the client could predict
when profits would be low enought to warrant the sale of its business
to a lower-cost competitor. AvSoft
was used for fleet forecasting. Operators were contacted to determine
removal rates.
- A major avionics manufacturer was faced with
the dilemna of support a legacy product where a lack of repair
volume made certain repair methods (no longer used) very expensive
and difficult to support. M&A completed a strategy whereby
other avionics manufacturers pooled their repair services on legacy
products - older than a decade - into one service center. This
service center would have the need volume to perform rep methods
unique for legacy products
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New Aero Product Market
Research |
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Are
you considering new aircraft product(s), part spares, or PMA (PDA)
parts? Do you know what your target airframe will look like in 10
years? Do you know who your customers will be? |
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Some recent projects:
- A major helicopter repair and overhaul provider
was considering supplementing their offerings so that they would
become a "one-stop repair shop". What were competitors
doing? What were competitors offereing? What did customers want?
M&A completed all the background information and then facilitated
a two-day decision making conference of top executives.
- TAG Aerospace, an aerospace engineering firm,
was designing a cockpit security door for the Shorts aircraft.
What were the regulations regarding new security measures? Did
they apply to cargo operations? Who should TAG sell to? M&A
used their AvSoft license
to locate all the Short operators worldwide. We then called these
operators to determine their needs and future plans for the Short
aircraft. These sales leads were then provided to TAG Aerospace.
- A major avionics manufacturer was seeking new
business opportunities. M&A determined that a major opportunity
existed with aging aircraft in the US military. M&A discovered
that many avionics on older aircraft are no longer supported and
the US military is sometimes faced with cannibalization as the
only option. M&A felt that this avionics manufacturer had
the expertise to reverse engineer these older products and update
them with digital capabilities and/or flat screens. M&A shortlisted
one aircraft type facing these problems, detailed the exact future
plans for this aircraft, made and located contact military personnel,
and lastly, detailed procurement procedures at bases affected.
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New Product Development |
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Do you have a new
airframe, airpart or aero product? Do potential investors want to
know the market realities for your product? Do you want to rapid
prototype in either solid form, or photorenders? McNeal
and Associates is one of the only firms in North America that can
design models with Solidworks, photorender, post online websurveys,
post online interactive models, use the AvSoft database and supply
technical reports with market realities - All in-house!
First we can create a 3-D model of your product
using SolidWorks.
All files can be converted to CATIA. Then we can photorender the
product realistically and create animations. We can then use these
photorealistic designs for marketing purposes and online websurveys
(example: www.mcnealassociates.com/loadstar.html).
For detailed analysis work, M&A can locate the fleet of similar
products using its Avsoft license. We can then phone the airlines
and operators of similar class products to determine their needs..
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Some recent projects:
- A large R&D engineering firm with capabilities
in testbed flight testing was considering purchasing the rights
to an acrobatic jet trainer. Could this trainer garner enough
business in upset recovery training from the simulation market?
M&A contacted airline operations executives to determine if
there was a need for upset recovery training and if so, how much?
M&A prepared a major cost benefit analysis along with a business
plan.
- Quest Aircraft was nearing the commencement of
prototyping a unique utility aircraft, the Kodiak. They had already
completed branding programs and operator surveys. After seeing
a market analysis M&A completed earlier for Beaver Aircraft
Canada and its investors, Quest retained M&A to detail the
total possible market for the Kodiak, competitor market shares,
and finally, projected market share for the Kodiak. The Kodiak
is set to fly this month.
- Aeromax had preliminary market done for Aeromax
and their Loadstar in 2001. With fresh funding, Aeromax and their
investors wanted an update on the market and some leads for deposits
etc. With only 2-D design data, M&A used Solidworks and ALIAS
to produce leading edge photorenderings and animations. We then
used these images for a mailout survey, and a website with an
interactive model coupled with an online survey. Not only did
M&A receive a high response rate from the photorealistic renderings,
but Aeromax received a lot of interest and all the files which
then could then use for their own marketing purposes. All the
design work is compatible with any future design work the company
will do using CATIA. For an example, please click www.mcnealassociates.com/loadstar.html
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