Key concepts of The PTB Group.

Hi All,

The company that I have been assigned for Ass#1 is The PTB Group. They are a business that was first formed in 2001 in Brisbane, Queensland. The company was incorporated to acquire the assets of Pacific Turbine Group. The PTB Group main roles are to supply aviation parts and to also service different types of Airplanes.

Here are some interesting Key Concepts on the company: 

• Aviation parts & Services organization
•  Was established in 2001
• The Company listed on the Stock Exchange of Newcastle Ltd (NSX) in March 2005.
• In September 2006 it acquired IAP Group for $13.8 million. IAP Group is a Sydney based niche aviation asset management company providing aircraft inventory support, encompassing: Global supply of aviation parts; and Global aircraft and engine financing and sales
• evolved from a small specialist turbine repair facility based at Brisbane Airport, into a global aviation parts and services supply organization with operations in QLD and NSW.
•  The company provides parts and services for all things in aviation.
•  They are looking into investing in a off shore business ( preferably in the United states of America)
•  The group has paid off $ 1.574 million dollars worth of debt (2013: 4.1)
•  The company has $11.020 million in franking credits