We're a little unsure about the large blue design element. Since it is so large we would expect that size to somehow relate to the company name or services. We LOVE the color and the font is nice and has a good layout. We're just not sure of what to do with that large design element.
It had never occurred to us to reference the idea of "ace" in relation to flight... really neat direction --- our only hesitation is the bi-plane motif is very dated and might make us seem a little "out of touch" --- other than that we loved the creative thought you put into these two designs...