February 19, 2013
AJW partners with Engineering of Russia to set up consignment stock base
A J Walter Aviation and Engineering – The Aviation Maintenance Holding – have signed an agreement aimed at enhancing spare parts support and provision in Russia through the establishment of an exclusive consignment stock pool of Airbus A320 and Boeing B737 parts. These components will be housed centrally at Engineering’s facility at Domodedovo Airport, Moscow, allowing for quick and easy distribution across Russia and CIS, as well as the surrounding areas. The consignment stock agreement is considered the first venture of its type in Russia between a leading Western independent parts specialist and an independent Russian MRO provider. The set-up of the pooling facility is the result of a positive and long standing relationship between the two Companies and clearly fills a gap in the market for a fast, reliable and cost effective parts provision service within Russia. Both AJW and Engineering expect to see a high level of demand for the new service from local operators of Airbus A320 Family and Boeing 737 aircraft across Russia and CIS.