DALLAS , Jan. 16 /PRNewswire/ -- Aviall Services, Inc., a unit of Aviall, Inc., a wholly-owned subsidiary of The Boeing Company, today announced that it has entered into an exclusive worldwide aftermarket distribution agreement with General Electric for unique spare parts of the widely-popular GE CF34-3 aircraft engines for the remaining life of the engine. Aviall plans to assume these spare part distribution responsibilities to CF34-3 customers over the next few months.
The CF34-3 engines power the Bombardier CRJ100/200 regional jets and the popular Bombardier Challenger models 601 and 604 business jet. More than 1,650 CF34-3-powered aircraft are in service in both airline fleets and business jets applications and have accumulated more than 24 million flight hours.
Aviall will be responsible for forecasting, ordering, and delivering all genuine Original Equipment Manufacturer (OEM) replacement parts that are unique to CF34-3 engines and will assume responsibility for documentation management, worldwide inventory deployment, warehousing, and product distribution. GE will continue to provide all life limited parts (LLPs) for the CF34-3 engine and will retain technical responsibility for these engines. Also, as a key feature of its service, Aviall will use its advanced, award-winning technologies to support the GE CF34-3 engine spare part sales analysis, line item forecasting, production planning, and sales intelligence systems as well as end-customer requirement planning, advance provisioning, and supply-chain administrative needs.
"We are extremely pleased by the continued confidence General Electric Company has demonstrated by joining with us in another new partnership," said Paul E. Fulchino , Aviall's president. "This exclusive lifetime service provider agreement with such a proven leader within our industry builds upon and acknowledges the highest customer service and supplier standards within the industry that are offered by Aviall."
"For the last three years, Aviall has demonstrated its excellence in customer service as the exclusive distributor of unique spare parts for GE's CF6-50 and CF6-80A engine lines," said Tom Gentile , vice president and general manager of GE Aviation's Services organization. "Based on the success of this relationship, we are confident our CF34-3 customers will receive the same high quality level of access and support for their OEM spare parts."
The statements contained in this release that are not historical facts are forward-looking statements (as such term is defined in the Private Securities Litigation Act of 1995). Actual results may differ materially from those expected in the forward-looking statements. These forward-looking statements involve risks and uncertainties, including competitive factors and pricing and supply pressures, shifts in market demand, general economic conditions and other factors including, among others, those that affect flight activity in commercial, business and general aviation, the business activities of the Company's customers and suppliers and developments in information and communications technology.
Aviall, Inc. operates as a wholly owned subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes, which is a unit of The Boeing Company. Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace, defense and marine industries.
Aviall is headquartered in Dallas, Texas . As one of the world's largest providers of new aviation parts and related aftermarket operations, Aviall markets and distributes products for more than 230 manufacturers and offers more than 1,000,000 catalog items from 39 customer service centers located in North America , Europe , and Asia-Pacific . Aviall provides maintenance for aviation batteries and wheels and brakes, as well as hose assembly, kitting and paint-mixing services. The company also offers a complete set of supply chain and logistics services, including order processing, stocking and fulfillment, automated inventory management and reverse logistics to OEMs and customers.
SOURCE Aviall Services, Inc.