Air France Industries KLM Engineering & Maintenance and Boeing Sign Agreement to Support Aeromexico's 737 MAX Fleet

April 14, 2018
With this agreement AFI KLM E&M and Boeing continue to expand services business in Latin America.

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and partner Boeing [NYSE: BA] announced that Aeromexico has ordered the 737 Component Services Program (CSP) to support the carrier's entire fleet of 737 MAX airplanes.

The agreement will provide Aeromexico with power-by-the-hour component repairs, access to a dedicated spares pool, support and logistic services through AFI KLM E&M's facilities in Miami and Amsterdam, and a Main Base Kit at the airline's hub in Mexico City. The 737 CSP combines the expertise of AFI KLM E&M, a leading MRO service provider and Boeing, the world's largest airplane maker, to help airlines maintain their 737 airplanes.

In February, Boeing delivered the first 737 MAX airplane to Aeromexico. The Mexican flag carrier has ordered a total of 60 of the new and improved 737 jet.

Ricardo Sanchez Baker, Aeromexico's Chief Financial Officier, said: "We are delighted to have concluded this component support contract with AFI KLM E&M.  We believe that this contract will deliver great value to Aeromexico both in terms of the quality of the support provided and in the overall contract cost."

AFI KLM E&M, the aircraft maintenance arm of the AIR FRANCE KLM Group, sees potential in the Americas. It has been increasing its 737NG/MAX support footprint in the region through the successful partnership with Boeing.

"This agreement is a renewed sign of Aeromexico's trust in AFI KLM E&M services," said Ton Dortmans, Executive Vice President of KLM E&M. "We are delighted to pursue our partnership and to continue delivering very high level support for Aeromexico in the framework of our joint CSP program with Boeing."

"We are excited to partner with AFI KLM E&M to provide services support for Aeromexico's 737MAX fleet. They are already flying the best single-aisle airplane in the industry. Now they will have the best component support for these airplanes," saidMike Fleming, senior vice president of Commercial Services for The Boeing Company.

According to Boeing's 2017 Services Market Outlook, commercial airlines and operators in Latin America will need $530 billion worth of aviation support and services by 2036.