AvAir Expands Its Inventory with Lufthansa Technik Components
New Inventory Includes 1,600 Wheel and Brake Assemblies
AvAir, a prominent player in the aviation aftermarket sector, has significantly boosted its inventory by acquiring over 1,600 overhauled wheels and brakes from Lufthansa Technik's spare parts pool. This acquisition builds upon the long-standing relationship between AvAir and Lufthansa Technik Component Services (LTCS), initially formalized in a partnership established in 2020.
A Milestone Acquisition
This remarkable inventory enhancement is a leap forward for the collaboration between AvAir and Lufthansa Technik. The recent acquisition reflects the companies' mutual commitment to improving aviation supply chain efficiency. The wheels and brakes now added to AvAir's inventory support a wide range of aircraft, most notably those from Boeing and Airbus, including models like the 787 and A350.
Delivery and Certification
The newly acquired components will be shipped from Lufthansa Technik's facilities, with delivery expected to be wrapped up in the next couple of months. All parts are fully serviceable, sourced from Lufthansa Technik's material pool and aircraft decommissionings. In keeping with previous agreements, these items come with dual or triple release certifications, adhering to FAA, EASA, and CAAC regulations, along with a comprehensive 12-month warranty.
Perspectives from Leadership
Brandon Wesson, president of AvAir, expressed enthusiasm over this new inventory, stating, "We are thrilled to expand our inventory with such a diverse range of wheels and brakes, enhancing our offering for our customers. Our partnership with Lufthansa Technik has been invaluable, and we look forward to the new opportunities this acquisition will bring." This sentiment underscores the pivotal role that such agreements play in meeting customer demands efficiently.
Building on a Strong Relationship
The collaboration between AvAir and Lufthansa Technik dates back to 2020. During this period, AvAir successfully acquired over 9,000 line-replaceable units from Lufthansa’s global material pool. In subsequent years, AvAir doubled down on this relationship by adding even more components to their inventory. In 2022, AvAir added an additional 9,000 aircraft components to its offerings. Through these transactions, Lufthansa Technik benefits financially through a profit share arrangement for any resold components.
Future Collaborations
Christian Ehard, director of USM Material Management at Lufthansa Technik Component Services, highlighted the strategic importance of this release, stating, "With this material release, we are making great strides in further optimizing inventory levels at Lufthansa Technik. We appreciate the opportunity to partner with AvAir again to enhance our supply chain efficiency and look forward to exploring additional opportunities by leveraging AvAir's trade expertise and global customer network." This partnership is pivotal in streamlining operations and optimizing inventory management.
Diverse Inventory for Commercial Aircraft
This latest transaction has enriched AvAir's inventory significantly, equipping them with a diverse array of wheels and brakes for various commercial and regional aircraft. The new assets include components for Embraer E190, Bombardier CRJ700/900, and a wide selection from the Airbus and Boeing families. Such extensive inventory solidifies AvAir's position as a key player in the aviation aftermarket, ensuring they are prepared to meet the dynamic needs of their clientele.
Expanding Reach in the Market
AvAir proudly prides itself on being an international leader in the aviation aftermarket, offering tailored solutions designed for diverse customers. The company features over 26 million components in stock, available for buying, selling, exchanging, leasing or consigning. AvAir has made the newly acquired inventory readily accessible for both exchanges and outright sales from their facilities.
About AvAir
Founded in 2000, AvAir has developed into a global leader in the aviation aftermarket industry, providing customized inventory solutions to airlines, OEMs, and MROs. The company has consistently been recognized in the industry, having earned the title of Parts Supplier of the Year from Airline Economics for four consecutive years. AvAir has also received accolades for its commitment to environmental sustainability and was awarded the Environmental Sustainability accolade, along with being Climate Neutral Certified.
Contact Information
If you wish to learn more about AvAir and their offerings, you can contact Claire Natale, who is the point of contact regarding inquiries. She is readily available for any questions or discussions regarding AvAir's comprehensive inventory solutions.
Frequently Asked Questions
What new inventory has AvAir acquired recently?
AvAir has expanded its inventory by acquiring over 1,600 wheel and brake assemblies from Lufthansa Technik's spare parts pool.
How does this acquisition benefit AvAir's customers?
This acquisition enhances AvAir’s offerings, providing customers with a wider range of serviceable components for various aircraft models.
What type of certification do the new components have?
The components come with dual or triple release certification from aviation authorities such as FAA, EASA, and CAAC, along with a 12-month warranty.
How long has AvAir been in operation?
AvAir has been operating since 2000, developing a significant presence in the aviation aftermarket sector over the past two decades.
Who should I contact for more information about AvAir?
For more details about AvAir, you can reach out to Claire Natale, who handles inquiries related to the company’s inventory solutions.
