Family Office

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Elliott Aviation

Elliott Aviation is a family-office-owned MRO provider founded in 1936 by Herb Elliott. Michael Parrish serves as President and CEO.

Elliott Aviation

Herb Elliott founded Elliott Flying Service in 1936 on a modest grass airstrip in DeWitt, Iowa. Over 90 years, the business grew into Elliott Aviation, a diversified aviation services company still owned by the Elliotts. The firm operates as a single-family office, with wealth generated by the aerospace aftermarket, not disclosed. Elliott Aviation's business spans avionics installations, aircraft maintenance, paint and interior refurbishments, and aircraft sales through an arm called Elliott Jets. It services Hawker, Citation, Beechjet, King Air, Challenger, Phenom, Gulfstream, and Falcon airframes. The firm reports completing more than 500 Garmin G5000 and G1000 NXi upgrades — one of the highest totals worldwide (per the firm, 2026). Its geographic footprint includes service centers in Moline, IL; Minneapolis, MN; Des Moines, IA; and Atlanta, GA. The firm employs a workforce of technicians and advisors across four facilities. Michael Parrish was promoted to President and CEO in an expanded role effective March 2026 (per Elliott Aviation, March 2026). Additional disclosed leadership includes Meghan Welch as Director of Paint and Interior Sales. No team size, AUM, or deployment figure has been disclosed. Elliott Aviation's structural differentiator is its dual identity as an operating company and a family office: the firm is a commercial MRO provider that remains wholly owned by the founding family, retaining the governance simplicity of a single-family office while competing in the broader aviation services market. No external capital has been raised.

General information

Firm type

Family Office

Year founded

1936

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Milan

Corporate office

Milan, IL, United States

Additional offices

Atlanta, GA · Des Moines, IA · Eden Prairie, MN

Principals

Herb Elliott

Founder

Michael Parrish

President and CEO

Sector focus

AviationAerospace & DefenseIndustrial TechInfrastructure

Frequently asked questions

Who runs investment decisions at Elliott Aviation?

Michael Parrish was promoted to President and CEO in March 2026 (per Elliott Aviation, March 2026). The firm does not publicly disclose an investment committee or CIO.

How is Elliott Aviation structured — single family office or operating company?

Elliott Aviation is a family-owned operating company that serves as a single-family office for the Elliott family. It operates as a commercial MRO provider with no external capital or disclosed fund structure.

What investment stages does Elliott Aviation target?

Elliott Aviation is not an investment firm. It operates an aircraft services business — avionics, maintenance, interiors, paint, and sales — generating revenue from clients, not capital deployment.

Does Elliott Aviation participate in fund commitments or direct deals?

No. Elliott Aviation's activities are entirely operational. It has no disclosed fund commitments, direct investments, or external GP relationships.

Where does the underlying wealth at Elliott Aviation come from?

The firm does not disclose its wealth origin. It was founded by Herb Elliott in 1936 as a flying service, and has remained family-owned since.

Does Elliott Aviation maintain philanthropic structures?

The firm does not publicly disclose any foundation or charitable arm.

Which aircraft types does Elliott Aviation specialize in?

The firm services Hawker, Citation, Beechjet, King Air, Challenger, Phenom, Gulfstream, and Falcon airframes, with a focus on light to mid-sized jets and turboprops (per the firm).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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