Continued revenue growth sees expanding aviation company listed as one of Canada’s Fastest-Growing Companies for fourth year running
Toronto, Sept. 14, 2017: AirStart Incorporated (“AirStart’) has been listed on the 29th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies by Canadian Business. This is the fourth year the booming aviation company has received this recognition.
Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth. “It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”
“AirStart is proud to be recognized once again as a member of this incredible community of Canadian businesses. This achievement wouldn’t be possible without the tireless work on continued dedication of our team — and our global network of aviation partners. Thank you! We have many new initiatives we look forward to implementing as we close out 2017 and soar into 2018, so stay tuned!” Robert Wills, President, AirStart
AirStart’s win caps off an impressive year, which saw the company once again recognized as one of “Canada’s Best Managed Companies” by Deloitte Canada and CIBC, expand its operations into Heathrow and named as Air Canada’s inventory consignment partner. Projected revenue growth for 2018 remains strong, as AirStart leverages its expansion and new partnership to provide faster, higher-volume servicing options.
About the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
AirStart provides critical maintenance support to airlines, repair stations and trading partners around the world.
Every day, AirStart helps airlines around the world avoid the multiple negative consequences of grounded aircraft through its innovative Rapid Exchange (RX) program, which allows airlines to exchange damaged parts for replacement components, immediately and at a fraction of the cost of purchasing new parts outright.
As an accepted vendor at over 500 aviation-buying entities, AirStart has credit terms with every single component supplier globally and adheres to the highest quality standards in existence in the aerospace industry.
AirStart is based in Toronto, Canada, and has been ranked for four consecutive years as one of Canada’s fastest growing companies by Profit Magazine, and was listed as one of Canada’s Best Managed Companies by Deloitte Consulting for 2015 and 2016.