Founded

1989

Headquarters

Oklahoma City, Oklahoma

Key People

Clay Healey, CEO/owner

Number of Employees

40

Phone Number

(800) 288-2519

Website

AIC Title Services

AIC Title Services

AIC Title Services provides aircraft title, registration, and escrow services. Located just a few miles from the FAA’s Civil Aircraft Registry in Oklahoma City, Oklahoma, it has conducted more than 125,000 title searches over its 32-year history and closed aircraft sales transactions with parties from more than 150 countries.

When current owners Clay and Holly Healey bought the 14-year-old company in 2003, it had four employees who worked with IBM Selectric typewriters. To modernize the operation and workflow, the Healeys installed computers in the office and reduced the time it took to complete title searches from weeks to days. 

The National Air Transportation Association elected to partner with AIC in 2010 when the FAA set forth rules that required all U.S.-registered aircraft to reregister over the next three years. The partnership program provided both hand delivery of aircraft registrations to the FAA and a Web-based interface for tracking.

That year AIC purchased rival title company Aero Records, also based in Oklahoma City. The combined companies handled closings for nearly 50 percent of the aviation market, including a growing number of aircraft owners outside the U.S. 

In 2012 the company began offering aircraft title insurance through its sister company, AvSure, which the Healeys established that year with Holly as president. The next year, AvSure found itself the sole provider of aircraft title insurance in the U.S., a role it has kept since.

AIC later designed an automated system for aircraft manufacturers to file registration number change requests with the FAA, reducing the time for these changes to take effect by three to four days.

Having previously downloaded and stored available data from the FAA, AIC was able to provide “gap” services during the government shutdown in 2013 that allowed more than $50 million in sales transactions to continue. The company expanded this capability in 2018 by creating its Aircraft Closing Room, a secure online data repository for closing documents. Later that year, AIC further secured the Aircraft Closing Room with blockchain technology that divides the data onto multiple servers to increase security and prevent theft.