house » Airlines News » ALTEA strengthens aircraft purchase and sale operations with new partner Michael Hoppe Andersen Thursday, July 18, 2024reading time: 2 minutesMultidisciplinary aviation consultancy ALTEA has appointed Michael Hoppe Andersen as a full partner. Hoppe Andersen will bring his technical and operational expertise to the acquisition and sale of aircraft assets, supported by his extensive global network in VIP aviation.“ALTEA has the ability to deal with clients from all angles,” he says. Hobby Anderson. “The diverse skills, experience and industry backgrounds of the management team are unique in the industry. When combined, we provide one of the strongest support structures in asset management, financial solutions, design and delivery to guide and inspire owners and operators in the global commercial aircraft market. This is what sets us apart, and what attracted me to join the business.” Robin Dunlop, co-founder of ALTEA, is keen to point out that the company has a reputation for innovative thinking and a fresh approach. “Our clients expect solutions, often to very complex and unique problems, and this can involve bringing together operational, technical, financial and creative minds to work in perfect alignment. Michael not only understands the business aspects of VIP jet operations, but he also has a keen eye for safety and maintenance. This hands-on experience is invaluable as it instills an instinctive confidence.” On behalf of ALTEA, Hobby Andersen recently coordinated the off-market sale of a Global 6000 aircraft. “Integrity and confidentiality were the cornerstones of this transaction, and I consider them essential to the acquisition and marketing of privately held aircraft assets,” he says.Hobby Andersen is highly regarded by ALTEA’s client base. “Hobby’s willingness to exceed expectations, coupled with his unwavering commitment to confidentiality and the highest standards of professionalism, sets him apart as a truly exceptional individual,” says the owner of the recently sold Global 6000. “He is a specialist in his field and in commercial aviation in general.”According to Dunlop & Andersen, the commercial aviation market in 2024 is facing a challenging but opportunity-rich environment. Addressing environmental regulations, managing rising costs and integrating advanced technologies are among the key challenges the team oversees on a daily basis. Dunlop advises that while opportunities lie in sustainability initiatives, digital transformation and market expansion, customizing services to meet individual and specific client needs is what makes ALTEA successful. “The private/corporate aircraft space is currently recognizing the increasing global risks and, of course, economic volatility. But we can help our clients – individuals, banks, corporations and governments – manage precise and strategic investments in sourcing, purchasing and completing aircraft of all sizes. Adaptability and creativity are essential to thrive in this ever-evolving landscape.”Hoppy Andersen summarizes, “Overall, although the market faces some headwinds, the fundamentals of commercial aviation as a critical tool for corporate efficiency and connectivity remain strong, suggesting a positive outlook for 2024.”