May 30, 2013

Aeroturbine and Engineering Holdings sign Consignment Material Stock agreement

AeroTurbine has signed a Consignment Material Stock agreement with Engineering – the Aviation Maintenance Holding (Engineering Holding), a leading independent Western aircraft MRO and parts provider and parent company of S7 Engineering, ATB Domodedovo and Sibir Technics. This consignment spare parts stock has been established in Engineering Holding’s maintenance facility at Domodedovo International Airport in Moscow, Russia. Based on an analysis of the company’s customer requests during the last six months, the new stock consists of the highest demand components for the Boeing 737 (Classic and Next Generation) including, but not limited to wheels and brakes, avionics, fuel pumps, and actuators. This joint project is the second stock established over the past year by Engineering Holding, which continues to pursue proactively the stock availability strategy in Russia to serve the most popular narrowbody Boeing 737 (Classic and Next Generation) and Airbus A320 family aircraft.

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