AAR Signs European Leisure Operator Small Planet Airlines as PBH Customer

Sept. 29, 2016
The agreement covers management of the complete component repair cycle for Small Planet’s fleet of 17 Airbus A320s and four Airbus A321s, using AAR’s predictive maintenance analytics.

WOOD DALE, Illinois, September 29, 2016 – AAR (NYSE: AIR), a leading provider of aviation aftermarket services to the world’s airlines, has signed a contract to provide power-by-the-hour (PBH) component inventory management and repair services to Small Planet Airlines’ A320/A321 fleet. The long-term agreement marks the latest extension of AAR’s PBH program and integrated supply chain services across Europe.

AAR will manage the aircraft supply chain through its global warehouse network with a primary parts pool in Brussels, as well as a home-base kit with the customer. The agreement covers management of the complete component repair cycle for Small Planet’s fleet of 17 Airbus A320s and four Airbus A321s, using AAR’s predictive maintenance analytics. Small Planet also will have access to the entire AAR pool of inventory through digitally optimized exchanges and procurement.

Small Planet is a growing independent leisure airline that partners with major tour operators in Great Britain, Germany, Poland, Lithuania, France and Italy, carrying their passengers to holiday destinations in Europe, the Middle East and Asia.

“As Small Planet moves into new markets, AAR will work behind the scenes to ensure its fleet delivers the safety and reliability that its customers count on at a competitive price,” said Deepak Sharma, President, AAR international supply chain. “AAR’s global warehouse network and digital platforms allow us to minimize aircraft-on-ground time and maintenance costs.”

“This latest contract shows the growing strength of our supply chain services in Europe,” said John Holmes, Chief Operating Officer, AAR Aviation Services. “European airlines led the market in saving money through PBH contracts and are now benefiting from a more competitive supply chain market in the region.”

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<http://www.aarcorp.com>.