September 12, 2017
AFI KLM E&M consolidates alliance with GMF AeroAsia
AFI KLM E&M and long-standing partner GMF AeroAsia have signed a Letter of Intent emphasizing the strength of their MRO relationship. On August 28, 2017 the two companies signed a Letter of Intent (LOI) under which their cooperation will move up a stage to become a strategic alliance designed to develop a range of multi-segment MRO products delivering high value-added maintenance solutions for the market. This latest commercial partnership between the two players confirms their joint determination to combine their respective strengths to offer a range of unique MRO capabilities in the global marketplace. The products jointly developed by the two companies in the framework of the LOI will be deployed in the Airframe, Components and Engines products sectors and possibly beyond. In this way, both AFI KLM E&M and GMF AeroAsia are aiming to consolidate their respective positions by seizing the many commercial opportunities arising on this market. In 2016, the two parties signed a first Memorandum Of Understanding (MOU) to lay the foundations of their cooperation in the Maintenance sphere. This was followed by a second MOU signed in April 2017 which extended the relationship between the two groups by implementing an exchange program for their teams of experts.