Our Company

AvRisk was founded in the wake of the near-catastrophic meltdown of the banking and investment markets of 2008 with one goal: to provide aviation Lenders, Lessors and Investors with the tools and services that they need to minimize the risk of asset value diminution.

We are the Distant Early Warning system for issues concerning Loan and Lease defaults and non-compliance with the material terms and conditions of your aircraft transactions.

Typically when problems begin, Borrowers and Lessees will be delinquent in payments due to service providers and aircraft maintenance work being deferred while Loan or Lease payments continue.

The last party to experience a payment default is the Lender or Lessor and by that time the aircraft collateral supporting the transaction may be deemed to be Not Airworthy, effectively grounding the aircraft.

By that time, service provider liens may also have been levied against the title of the aircraft, complicating any remarketing efforts and adding significant costs to the transaction.

If this happened to you, how would your company react?

Our focus is to make sure that you never are required to react. AvRisk gives you the total knowledge that you need to proactively address issues before they evolve into a Loan or Lease default.

Industry Memberships

The Risk Management Association
Business Jet

Our Team

Alexander Craig
Alexander CraigManaging Director
Alex is co-founder and Managing Director of AvRisk. He has over 30 years of executive leadership experience in Aerospace, Information Technology, Insurance, and Manufacturing. His corporate career includes senior executive roles at a number of large and mid-size companies including: Honeywell International, Rockwell International, Williams International, Raytheon, Federal Signal Corporation, and Progressive Insurance. Alex has also been CEO of a number of start-up companies including: Craig Research, BELIEVEin, Stratos Aircraft, ECCO Systems, and most recently AvRisk. Early in his career Alex was a consultant with McKinsey & Company.

Alex holds a BS Degree in Computer Science and Electrical Engineering from Michigan State University, and a MBA from Wayne State University. Alex is an active pilot and holds Air Transport Pilot and Certified Flight Instructor certificates and is a certified Lean / Six Sigma Greenbelt.

Robert Wilke
Robert WilkeManaging Director
Bob is co-founder and Managing Director of AvRisk. He has been engaged in aviation finance and consulting for more than 30 years. In addition to his own consulting practice, Bob was Vice President of Business Development for Jet Support Services Inc (JSSI) and held Director of Finance or Portfolio Management positions with Boeing Capital Corporation, Bombardier Aerospace, GMAC, CMI Corporation, Michigan National Leasing Corporation and the National Bank of Detroit.

Bob holds a Senior Aircraft Appraiser designation from the American Society of Appraisers.  He earned a BS Degree in Accountancy at Western Michigan University and a MBA in Finance from the University of Detroit. Bob has been a Guest Lecturer at Embry-Riddle Aeronautical University and Michigan State University; and an Instructor of Corporate Finance for Davenport University.