AAR is acquiring inventory
and customer contracts from Sabena technics Brussels and expects
the transaction to close in the first week of April.
The deal
includes ongoing power-by-the-hour support for 13 customers, which
AAR’s Aviation Supply Chain division will handle from its new
facility at the Brussels Airport.
In addition to supporting the
customers that will transition from Sabena technics, this 24/7
facility will support AOG and other parts requirements for
existing AAR customers in Europe, the Middle East and Africa.
“As AAR expands its global Aviation Supply Chain business, we
recognize the importance of augmenting our support for the
critical Europe, Middle East and Africa region,” said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. “This
deal positions AAR for growth in an expanding market.”
In
recent years, the U.S.-based commercial aviation and defense
contractor has increased its global supply chain infrastructure
that now includes operations in Chicago, Singapore, Indianapolis,
Toronto, Amsterdam and Brussels.
John Holmes, Group Vice President of Supply
Chain for AAR, said, “The launch of our new supply
chain hub establishes a rotable pool operation covering key
platforms such as A330, A320, and 737NG aircraft for current and
future customers.”
AAR,
Sabena,
Brussels
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