April 22nd, 2014 – Palm City, FL - STS Component Solutions, a division of STS Aviation Group, has entered to an agreement for parts distribution with Air Maintenance Estonia, a leader in Aircraft Maintenance and Repair Organization that is located in Tallinn, Capital of Estonia. Through this consignment agreement, STS Component Solutions will be responsible for facilitating Air Maintenance Estonia reliable list of components utilizing STS Component Solutions OEM Distribution Product Lines. A key part of this agreement covers superior availability of airframe spares and inventory in this region and across the globe. The consignment agreement is tailored to Air Maintenance Estonia’s specific requirements and remains flexible as maintenance demands change in this area.
“This agreement brings STS Component Solutions, an exciting opportunity, as it further allows us to continue providing global support”; states Tom Covella, Group President of STS Component Solutions. “Air Maintenance Estonia and their strategic location give us the opportunity to enhance our products and services to customers in Eastern Europe and across the globe. We look forward to continuing to provide competitive prices and superior services to our global customers in effort to keep them flying.”
About STS Component Solutions, LLC
Based in Palm City, Florida, STS Component Solutions specializes in the global marketing and distribution of OEM Products and services. STS’s specialized and technical approach to the market provides our OEM, Airline and MRO Business Partners with value-added services and solutions focused on creating cost savings opportunities. STS provides 24/7 global AOG coverage, and stocks inventory at strategic locations worldwide. For more information about STS Component Solutions, LLC Visit us at www.stscomponentsolutions.com.
About STS Aviation Group
Based in Jensen Beach, Florida, the STS Aviation Group is a diversified company that specializes in support services for the aerospace industry through its four divisions: on-call and scheduled line maintenance through STS Line Maintenance; inventory solutions for airframe and engine components through STS Component Solutions; aerospace specific staffing services through STS AeroStaff Services; and, Engineering Support including 24x7 DER services through STS Engineering Solutions. For more information about STS Aviation Group, Visit us at www.stsaviationgroup.com.
About Air Maintenance Estonia
Air Maintenance Estonia as (AME) is an aircraft Maintenance and Repair Organization, located in Tallinn, the capital of Estonia. With 210 employees, AME is a relatively small, but flexible and reasonably priced MRO in the Scandinavian and European market. Since 2010 AME is fully owned by BaltCap, the leading dedicated private equity and venture capital investor in the Baltic States.
AME offers aircraft maintenance services ranging from line to base maintenance activities on the Airbus 320 and Boeing 737 (both classic and NG),line maintenance to different aircraft types, and aircraft component maintenance.