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About TP Aerospace

TP Aerospace is a privately owned and operated company headquartered in Copenhagen, Denmark.

Our principles for good corporate governance are based on our Articles of Association and governed by our Board of Directors and our executive management team.

Ownership & Organizational Structure

The TP Aerospace Group consists of TP Aerospace Holding A/S and five wholly-owned subsidiaries all operating within the aviation industry: TP Aerospace Americas (USA), TP Aerospace Solutions ApS (Denmark), TP Aerospace Technics GmbH (Germany), TP Aerospace PRO ApS (Denmark) and TP Aerospace Asia Pte. Ltd. (Singapore). In addition, some of these entities have wholly-owned subsidiaries in the US, United Arab Emirates, Singapore and Australia.

TP Aerospace Holding A/S is wholly-owned by “CC NewCo Holding A/S”, which is controlled by the Danish private equity firm CataCap that together with co-investors Adveq and Danica holds majority ownership of 80%. The founders, Peter Lyager and Thomas Ibsøe, hold a minority share of 10% each.

Executive Management

Peter Lyager

CEO, born 1971

Peter has held the position as CEO since the company’s start in 2008. After completing his military service with the Royal Danish Navy, Peter acquired a B.Sc. in Economics and Business Administration from Copenhagen Business School. Today, he has 20 years of experience from the aviation industry, and has held various positions within Leki Aviation and Deloitte prior to founding TP Aerospace.

Thomas Ibsø

President, born 1975

As founder, Thomas has held the position as President since 2008. He entered the aviation industry after completing his military service with the Danish Artillery Regiment. He has more than 20 years' industry experience, where his main focus has been on aftermarket sales and business development across a broad range of aviation products lines.

Board of Directors

Flemming Jensen

Chairman, born 1959

Flemming holds the position of CEO of DSB, the Danish Railways, but brings almost 30 years’ experience from aviation. He is a trained pilot from the Royal Danish Air Force and spent almost 10 years as a fighter pilot. He entered the commercial aviation industry in the 80’s, first with Sterling Airways and later SAS as Captain and Chief Pilot, respectively. Before joining DSB in 2015, Flemming had held the position of COO of SAS for several years.

Peter Ryttergaard

Deputy Chairman, born 1970

Peter is Partner in the Danish private equity fund CataCap and has a strong operational background. He holds an Executive MBA from Cranfield School of Management and a Master’s in accounting from Copenhagen Business School. Throughout his career, he has gained extensive experience within private equity but has also gained insight into the aviation industry as CFO of FLS Aerospace/SR Technics UK.

Andrew Hoad

Member, born 1963

Andrew is an aviation veteran having been in the industry for more than half his life. He’s particularly strong in the technical elements of aviation and holds a degree in mechanical engineering. Throughout his more than 30 years in the industry, Andrew has held various positions within Rolls-Royce, Cathay Pacific Airways/HAECO in Hong Kong and FLS Aerospace. Most recently, he comes from 14 years as Senior Vice President, Engineering of Emirates in Dubai.

Jesper Blom

Member, born 1969

Jesper is currently the CFO of Andersen Biler - the largest car retailer in Zealand, Denmark, and has worked with TP Aerospace as auditor and advisor before joining the Board of Directors. He holds a degree as Chartered Accountant and has been with both KPMG and Deloitte, and having worked as auditor and advisor for e.g. Air Greenland, ST Aerospace, Aviator and the former Maersk Air, Jesper knows his way around aviation.

Vilhelm Hahn-Petersen

Member, born 1960

Vilhelm is Partner in the Danish private equity fund CataCap and he is experienced in strategic and operational management from both the Danish and international business environment. He holds a degree in political science from Aarhus University and has several years’ experience from the aviation industry, first as CEO of FLS Aerospace and later as COO of easyJet.

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