DALLAS , Jan. 3 /PRNewswire-FirstCall/ -- Aviall Services, a business unit of Aviall, Inc., (NYSE: AVL), today announced that it has entered into a Revenue Sharing Program (RSP) agreement with General Electric (NYSE: GE) to exclusively supply a designated number of aftermarket parts for the life of the CF6 engine program including the in-production CF6-80C2.
Aviall will manage 11 vendors for GE to fulfill the designated parts requirements for this RSP agreement and will utilize its critical core competencies of inventory forecasting and management, product fulfillment and quality management to insure GE's aftermarket customers have the product availability necessary to meet their needs. Aviall will upgrade its quality standard from ISO 9001:2000 to AS9120 as part of the implementation.
The CF6 family of high-bypass turbofan engines is the most popular large group of aircraft turbofan engines in the world, powering wide-bodies produced by Boeing and Airbus. The CF6 is currently certified on 11 wide-body aircraft models including the Boeing 747 and 767 and Airbus A300, A310 and A330 aircraft series. "With this agreement Aviall expands its supply chain services to include the direct management of an OEM's manufacturing supply base. OEMs have asked for expanded supply chain services and Aviall has stepped up again to provide seamless solutions to their needs. In addition, this RSP agreement further extends our working relationships with GE and supports our existing CF6 distribution agreement," said Dan Komnenovich, President, Aviall Services.
Aviall, Inc. is a leading provider of aftermarket supply-chain management services for the aviation and defense industries. Aviall is comprised of two operating units: Aviall Services, Inc. and Inventory Locator Service (ILS). As the world's largest independent provider of new aviation parts and related aftermarket operations, the Aviall Services business unit markets and distributes products for more than 220 manufacturers and offers approximately 650,000 catalog items from 37 customer service centers located in North America, Europe, and Asia-Pacific. Aviall Services provides maintenance for aviation batteries, wheels and brakes as well as hose assembly, kitting and paint-mixing. 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. The Inventory Locator Service (ILS) business unit, headquartered in Memphis, Tennessee, provides information and facilitates global eCommerce via its electronic marketplace that enables subscribers to buy and sell commercial parts, equipment and services, as well as provides eBusiness Services to the aviation, marine and defense industries. Additional information on Aviall is available via the Internet at http://www.aviall.com .
GE - Aviation, an operating unit of General Electric Company, is one of the world's leading manufacturers of jet engines for civil and military aircraft. GE also is a global provider of maintenance and support services for operators of GE jet engines. For more information, visit the company's Website at http://www.ge.com .
SOURCE Aviall Services, Inc.
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