Virgin Atlantic partners with Bii.aero to manage substantial surplus aircraft parts programme

Bii.aero will oversee the consignment of Virgin Atlantic’s surplus inventory ©Bii.aero

Virgin Atlantic has appointed Bii.aero, a leading provider of aircraft parts and services for the commercial aviation sector, to oversee the consignment and storage process of its large surplus inventory of B747-400, A340-600 and A330-200 assets now that the airline no longer operates these fleets of aircraft. The top-quality material covers all ATA chapters and includes engines, APUs and avionics. Virgin Atlantic is the latest airline to consign its inventory to Bii as the company augments its portfolio of new and used serviceable material to meet global demand.

Following the competitive tender process Bii was chosen based on the organisation’s highly experienced team and its reputation for specialist consignment management.  In a mutually beneficial agreement, Bii will store, manage and market the material to secure revenue from the excess stock. The material is desirable, already certified and ready-to-go.  Bii will sell, exchange and loan the parts, in accordance with customer requirements.

The stock will transition across 90 days from Virgin Atlantic’s Cardiff stores to Bii’s ultra-modern warehousing facility close to LGW (London Gatwick Airport).  After inspection by Bii, a small percentage of unserviceable material will require re-tagging – this will be managed by Bii’s in-house repair management team through audited MRO shops worldwide.

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