Aviation - Services
ITS was founded in May 2002 by two entrepreneurs, Scott Tinker and Ryan Kohnke. For the first five years, they focused their energy on a strategy of purchasing surplus and obsolete parts from several sources, reselling them to various and diverse customers in the Aerospace Aftermarket industry. The partners then made a momentous decision that would change the future of the company and set it on a new strategic course: they purchased a complete airplane, an MD-83. The new strategy transformed the company from a parts wholesaler to a provider of more complex airframe components and systems, developing in-house technical expertise on the entire airframe.