CHANDLER, Ariz. —  AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has entered an agreement with Sabena technics to acquire the MRO’s surplus inventory, including both consumables and expendables in new condition.

This agreement covers both airframe & component surplus materials used for heavy maintenance on various AIRBUS family, ATR and C130 aircrafts. They will be made available to AvAir customers globally, as many aircraft are requiring maintenance checks to go back into service after being parked due to the COVID-19 pandemic.

As a leading independent provider of MRO solutions, Sabena technics provides high-quality component testing, maintenance, repair and overhaul as well as pool access, consignment stock and trading solutions to its customers worldwide. Thanks to its own in-house component shops in Europe and Asia, Sabena technics can deliver flexible and efficient services guaranteeing high availability and reduced TATs.

“By selling our surplus, we mainly aim to optimize our inventory. It allows us to invest and further expand our stocks so we can better serve our customers,” said Ludovyc Lecherbonnier, vice president of component solutions for Sabena technics. “We are very pleased with the solution AvAir has provided us and are delighted to keep strengthening our partnership of many years.”

“We’re happy to continue to meet Sabena technic’s needs through our custom-fit solutions,” said Mike Bianco, CEO of AvAir. “Our strategic partnership is a win-win for our customers who will continue to receive top quality parts and service.”

AvAir offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease or consign more than 26 million in-stock aircraft parts. The company is ISO 9001, AS9120 and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales and shipping.

For more information about AvAir, visit AvAir.aero.

About AvAir

Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs.  AvAir, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts.  For more about AvAir, visit AvAir.aero.

About Sabena Technics

Sabena Technics is a French leading independent provider of maintenance and modification services (MRO) to civil and military aircraft operators.

CHANDLER, Ariz. —  AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has acquired Airbus A320 rotable pool from HAECO ITM Limited (“HAECO ITM”), a member of the HAECO Group.

The HAECO Group is one of the world’s leading aircraft engineering and maintenance service providers. HAECO ITM provides services ranging from flexible inventory pooling options, Power-By-The-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support. With extensive component engineering and airline operating experience and strong in-house repair capabilities, HAECO ITM offers customised, innovative and cost-effective component management solutions with guaranteed service level and high-quality component maintenance at competitive cost, ensuring customer fleet performance and technical dispatch reliability whilst providing cost visibility.

“Last year was difficult for the industry and we were able to work closely with our clients to create solutions for them through multiple large acquisitions,” said Brandon Wesson, executive Vice President of Sales for AvAir. “We’re pleased to continue our momentum into the new year with this partnership and expand our offering for customers.”

With this transaction, AvAir will add over 2,000 rotable components including IDG’s, Starters and Avionics for Airbus A320. The entire stock will be added to AvAir’s growing Dublin facility to support their A320 customers in the region.

“HAECO ITM has been able to optimise and right size its rotable holding over the last few months with consolidation and improvements in our analytics and supply chain. We are happy to have found a partner in AvAir that is known for strategic solutions; and they delivered just that with our agreement,” said Graham Air, Head of Asset Management and Trading for HAECO ITM. “It was great to work with a team who focused on our needs and how to meet them.”  

 “Our facility in Dublin has been key to providing timely service to our clients in the Eastern hemisphere,” said Fjalar Scott, AvAir’s vice president of sales for Europe, the Middle East and Africa. “This acquisition adds more in-stock inventory to our growing list of components to ensure immediate deliverability.”

AvAir offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease or consign more than 26 million in-stock aircraft parts. The company is ISO 9001, AS9120 and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales and shipping.

For more information about AvAir, visit AvAir.aero.

About AvAir

Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs.  AvAir, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts.  For more about AvAir, visit AvAir.aero.

About Hong Kong Aircraft Engineering Company Limited (“HAECO Group”)

The HAECO Group is one of the world’s leading aircraft engineering and maintenance service providers. The Group provides a comprehensive range of services encompassing Airframe Services, Line Services, Cabin Solutions, Private Jet Solutions, Fleet Technical Management, Inventory Technical Management, Component Overhaul, Aerostructure Repairs, Landing Gear Services, Engine Services, Global Engine Support, Parts Manufacturing and Technical Training. The HAECO Group consists of 16 operating companies, employing around 17,000 staff in Hong Kong, Mainland China, and the United States. HAECO Group’s website: www.haeco.com

CHANDLER, Ariz. — AvAir, an industry leading inventory solutions provider for the aviation aftermarket, has been named on Phoenix Business Journal’s Arizona Corporate Excellence Awards “Top 25 Fastest Growing Companies” List. AvAir’s two-year revenue growth earned the company a ranking of 14 of the fastest growing companies in the state.

“We’re thrilled to be named on this highly respected list,” said Mike Bianco, CEO of AvAir. “AvAir has made huge strides in growth over the last two years and we’re excited to continue to make acquisitions around the world that allow us to provide top notch service to our clients.”

Arizona Corporate Excellence Awards is the only program highlighting the market’s biggest privately held companies. To qualify, companies must be independently owned, privately held and based in Arizona. It also needs to have met minimum revenue of at least $7 million in each of the two most recent fiscal years.

AvAir offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts. The company is ISO 9001, AS9120 and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales and shipping. AvAir recently expanded operations to Dublin, offering better service to customers in Europe, Asia and the Middle East.

For more information about AvAir, visit AvAir.aero.

About AvAir

Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs.  AvAir, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts.  For more about AvAir, visit AvAir.aero.

CHANDLER, Ariz. AvAir, an industry leading inventory solutions provider for the aviation aftermarket, has partnered with Icelandair on an asset management contract for all surplus materials including a variety of Boeing parts.

Icelandair has been in operation for 83 years and has more than 44 destinations, 524 connections and 4.4 million passengers traveling internationally. Icelandair Group’s fleet comprises 51 aircrafts with 34 attributed to Icelandair.

“Creating new relationships has always been critical to AvAir, but the pandemic has made them more important than ever,” said Mike Bianco, CEO of AvAir. “Many airlines are looking for creative inventory solutions during this time of uncertainty and it is an honor to work together and custom-fit solutions to meet these challenges.”

With this transaction, AvAir has added a wide range of Boeing aircraft material to its inventory including 757, 767, 737NG and 737MAX. The parts will be stored in AvAir’s Dublin facility with many parts already in stock and more to arrive soon.

“AvAir took the time to understand our company and develop an agreement that meets our needs,” said Eiríkur Smári Vilhjálmsson, Icelandair’s Manager of Materials and Logistics. “Their transparency and customer service confirmed that we selected a great partner for this endeavor.”

“We’re thrilled to begin this partnership with Icelandair,” said Fjalar Scott, AvAir’s Vice President of Sales for Europe, the Middle East and Africa. “Adding these parts to our inventory in Dublin allows us to quickly provide the best materials for our clients on this side of the world and in turn helps boost the local economy.”

AvAir offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts. The company is ISO 9001, AS9120 and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales and shipping. AvAir recently expanded operations to Dublin, offering better service to customers in Europe, Asia and the Middle East.

For more information about AvAir, visit AvAir.aero.

About AvAir

Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs.  AvAir, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts.  For more about AvAir, visit AvAir.aero.

About Icelandair 

Icelandair is a leading airline offering flights to and from Iceland, and an attractive option for cross-Atlantic flights. Icelandair provides safe, reliable flights and exceptional service on flights to metropolitan areas on both sides of the Atlantic. The airline operates out of Iceland and uses the country’s geographical location midway between North America and Europe as an opportunity to build an ever-growing network of international routes with Iceland as a hub. Icelandair is a part of Icelandair Group.