OSAKA, Japan, February 2, 2016 – AAR, a leading provider of aviation aftermarket services to the world’s airlines, announces it recently expanded its power-by-the-hour (PBH) parts inventory management and exchange program to Asia. AAR signed its first PBH contract with IBEX Airlines in support of its CRJ aircraft.
AAR will manage the aircraft supply chain from an extensive CRJ parts inventory through its global warehouse network. The agreement includes management of the complete component repair cycle at a firm fixed price. IBEX will also have access to the AAR pool of inventory through exchanges and procurement. The program began with two CRJ200 aircraft and will expand to nine in the coming months, including seven CRJ700 aircraft.
The custom program is designed to quickly provide access to the AAR network while delivering a guaranteed service to IBEX to increase dispatch reliability through a dependable supply chain. AAR’s team is at the ready 24/7 offering AOG service 365 days a year. AAR can make the parts available on short notice given its substantial inventory for CRJ 200 and 700 series aircraft to support its regional customers in North America such as Mesa Air Group and Jazz Air.
“Our global sales offices have been working hard to inform the region’s airlines about AAR’s extensive PBH program offerings and the advantages of working with an established but nimble supply chain innovator,” said Ken Hein, Senior Vice President of Supply Chain. “Given the rapid growth of Asia’s aviation market, PBH programs allow airlines to outsource capital costs and parts management so they can focus on operations and passengers.”
Other efforts to expand AAR’s presence in Asia include a memorandum of understanding recently signed with Korea Aerospace Industries, the largest original equipment manufacturer (OEM) and MRO provider for military aerospace customers in Korea, to work together to establish a commercial aircraft MRO facility in South Korea.
AAR will showcase its broad capabilities for commercial and government customers during the Singapore Air Show February 16-21 (Booth No. S01).
About AAR
AAR is a global aftermarket solutions company that employs more than 4,500 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR’s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
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