Company History

The origins of Ascend date back to 1964, when former parent company Airclaims was founded to provide loss adjusting services to the UK aviation insurance market.

Throughout its 43 year history, the company has progressively advanced its primary areas of expertise and expanded into new market sectors including: aviation finance; aircraft manufacturing; aircraft leasing, airport investment and privatisation and space.

In July 2006, the rapidly expanding information and consultancy division of Airclaims was re-branded Ascend.

In August 2007, Ascend began trading as a separate entity - Ascend Worldwide Limited, symbolising the company’s growing international presence.

Today Ascend delivers an unrivalled range of online information products and first-class consulting solutions across the entire aerospace industry.

Key Dates

1996
Launch of the Client Advisory Service Enquiry (CASE) database. CASE quickly developed into the industry’s most comprehensive and accurate source of airline and aircraft fleet information.

1997
Launch of the space launch and satellite database SpaceTrak. Today, SpaceTrak is firmly established as the industry standard in key failure and insurance loss data.

2000
Launch of the world’s first online aircraft valuation tool V1. Initially delivering instant real-time data to the finance and leasing communities, V1 was extended in 2004 to include online engine valuations via EV1.

In 2006, Ascend introduced a new range of specialist modules to V1: Market Commentaries on over 40 major aircraft types and Jet Programmes.

2004
Launch of Airport Economics, headed up by Peter Morris, (former chief economist of the International Air Transport Association IATA). Today Airport Economics delivers an extensive range of consulting solutions to airport operators, investors and suppliers worldwide.

2006
Launch of AIR, a comprehensive, flexible airline and aircraft fleet database.

2007
Launch of Ascend Online Fleets, the ultimate online data tool to effectively analyse the commercial aircraft market.

Ascend opens its new Asian office in Hong Kong.
Ascend opens its new US office in New York.