Business & Strategy

2021 PERFORMANCE SHOW A STEADY REBOUND AFTER THE PANDEMIC

TP Aerospace had a strong performance in 2021, which is supported by the newly published annual report. While global aviation remained significantly impacted by the COVID-19 pandemic in 2021, activity grew steadily growing for TP Aerospace, and the company managed a more than 30% topline growth from 2020.

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TP AEROSPACE ANNOUNCES NIKOLAJ JACOBSEN AS NEW CEO

Effective January 1, 2022, co-founder and CEO Peter Lyager will step down as executive director of TP Aerospace and transition to a non-executive position in the company’s Board of Directors. Nikolaj Jacobsen, who joined TP Aerospace as CFO in 2018, has been appointed new CEO of the company alongside President and co-founder Thomas Ibsø.

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TP AEROSPACE KICKS OFF GLOBAL LEADERSHIP PROGRAM

In early September, TP Aerospace conducted its first internal leadership training in Copenhagen, Denmark, for its Europe-based middle managers. After a year of lockdowns and limited physical meetings across countries and locations, this first training served more than just one purpose.

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NEW BUSINESS LEG TO EXPAND THE WHEELS AND BRAKES BUSINESS

In early October, TP Aerospace added a third commercial division to the company and officially entered the distribution business with the inauguration of TP Aerospace Distribution. This is another step in TP Aerospace’s plan to offer fully comprehensive wheel and brake solutions for aircraft operators worldwide and is a continued testimony to the company’s expansion strategy: the Green Sunrise.

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