CHANDLER, Ariz., Nov. 16, 2021 /PRNewswire/ -- AvAir, an
industry-leading inventory solutions provider for the aviation
aftermarket, has been selected by GE Aviation Materials (GEAM)
for an asset management program initially covering more than 50,000
line items totaling nearly 70,000 components.
GE Aviation Materials, a wholly owned subsidiary of GE Aviation,
is a world-leading provider of used serviceable material and
TrueChoice TransitionsTM solutions: Green time Lease,
custom work scopes, Engine/Module exchanges, consignment, lessor
integration and portability products for GE Aviation's commercial
engine programs. GE Aviation has a global service network to
support these offerings.
AvAir's Chandler, Arizona based
facility will manage the inventory consisting of external
commercial engine components such as Line Replaceable Units (LRUs),
Quick Engine Change (QEC) material, and accessories. Applications
for the material covered under the agreement include GE widebody
platforms such as CF6-80, GE90, and GEnx engines. Through this
multi-year agreement, AvAir also becomes a preferred supplier
to the GE network of Maintenance, Repair, and Overhaul (MRO)
facilities, including each of its engine overhaul and component
repair locations.
"We're pleased to be able to provide GEAM with a program that
meets their objectives," said Kevin
Lenz, SVP of Powerplants for AvAir. "This agreement links
AvAir's global market reach with GE Aviation Materials, increasing
support to our global customer base as well as to the GE MRO
network."
"For this key asset management agreement, we wanted to establish
a relationship with a company that we could trust to both market
our products globally and maximize the value that customers can
realize from utilizing used serviceable inventory in their
operations; AvAir can do just that," said Horacio Repetto, General Manager of GE Aviation
Materials. "We look forward to a successful relationship that
supports our global customers."
This agreement and other recent asset management contracts
support AvAir's growth plan which includes evaluating additional
strategic affiliations throughout the industry to continue to
expand the company's global offerings.
With more than 26 million in-stock components, AvAir offers
solutions for customers and suppliers to buy, sell, exchange, loan,
lease, or manage assets and inventories. The company is ISO 9001,
AS9120, and ASA 100 certified, and adheres to the highest quality
standards in all phases: purchasing, receiving, stocking, sales,
and shipping.
For more information about AvAir, visit AvAir.aero.
About AvAir
Founded in 2000, Arizona-based AvAir is a global leader in the
aviation aftermarket, providing customized inventory solutions for
airlines, OEMs, and MROs. AvAir offers solutions for
customers and suppliers to buy, sell, exchange, loan, lease, or
manage assets and inventories with more than 26 million in-stock
parts. Recognized as a global leader, AvAir has been named "No. 1
Parts Supplier of the Year" by Airline Economics, and "Fastest
Growing Companies in America" by Inc. 5000. For more about AvAir,
visit AvAir.aero.
About GE Aviation Materials
GE Aviation, an operating
unit of GE (NYSE: GE), is a world-leading provider of jet engines,
components and systems for commercial and military aircraft. GE
Aviation has a global service network to support these offerings.
For more information, visit us at www.GEAviation.com. Follow GE
Aviation on Twitter, YouTube, LinkedIn
and Instagram.
Contact: Claire Natale
claire@evolveprandmarketing.com
c. 202.294.5999
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