MRO Americas 2025: Partnering with Thomas Global Systems

The MRO Americas conference, held April 8-10, 2025, in Atlanta, GA, provided a pivotal platform for professionals in the aviation maintenance, repair, and overhaul (MRO) industry to network and share insights. WTP Advisors, represented by Brian Schwam and Jim Fyrie, were active participants, engaging with industry leaders and showcasing their expertise in Transfer Pricing and IC-DISC. A standout interaction was with Craig Elliott, Vice President of Business Development at Thomas Global Systems, a California-based company specializing in advanced avionics and display systems.

Thomas Global Systems’ Global Footprint and Financial Compliance

During the conference, Jim Fyrie initiated a conversation with Craig Elliott, introducing WTP Advisors’ Transfer Pricing services. These services are designed to help multinational companies like Thomas Global Systems manage their intercompany transactions across borders with precision and adherence to tax regulations. Craig shared that Thomas Global Systems operates in a global landscape, collaborating with partners in various regions, making financial compliance a top priority.

Transfer Pricing: Ensuring Compliance and Optimizing Profitability

Brian Schwam elaborated on how WTP Advisors’ Transfer Pricing strategies can ensure that Thomas Global Systems’ cross-border transactions are priced appropriately, in line with international tax laws and optimizing profitability. For a company like Thomas Global Systems, with a global supply chain and customer base, Transfer Pricing can streamline operations and minimize tax-related risks. Craig acknowledged the importance of Transfer Pricing for their business, especially as their global expansion has increased the complexity of their financial strategies.

Tax Optimization through IC-DISC

The discussion then shifted to tax optimization, where WTP Advisors’ IC-DISC services could be beneficial for Thomas Global Systems. Jim Fyrie explained how an IC-DISC (Interest Charge-Domestic International Sales Corporation) can help companies reduce their tax liability on export income. Given that Thomas Global Systems’ advanced avionics solutions are likely exported globally, an IC-DISC could lead to significant tax savings, allowing for reinvestment in innovation and growth. Craig expressed interest in this concept, recognizing its potential to support their export-oriented business model.

Technological Advancements and Financial Efficiency

he MRO Americas conference also provided a platform to discuss technological advancements in the aviation industry, particularly in avionics. Craig highlighted Thomas Global Systems’ role in providing cutting-edge display systems and emphasized the need for financial efficiency in their operations. Brian Schwam reiterated how Transfer Pricing could support their supply chain by ensuring compliance and aligning pricing strategies with their business objectives. Craig acknowledged that maintaining cost efficiency while expanding globally is crucial, and WTP Advisors’ insights offered a clear pathway.

A Shared Vision for the Future

The conference facilitated a productive exchange, fostering connections that could lead to future collaborations. Both parties discussed Thomas Global Systems’ vision for the future, including their focus on expanding their global presence in the aerospace sector. Craig’s goals aligned well with WTP Advisors’ mission to empower aviation businesses through financial clarity, and the conversation concluded with optimism about potential collaboration.

WTP Advisors: Empowering Aviation Businesses

Reflecting on their experience at MRO Americas, WTP Advisors is keen to explore how they can support Thomas Global Systems’ ambitions. WTP Advisors specializes in helping aviation companies achieve success through services like Transfer Pricing and IC-DISC. Their expertise can be leveraged to navigate the complexities of global markets, optimize financial strategies, and drive growth in the dynamic aviation industry.