#United States #AAR CORP #Aviation Services #Air France Industries #Chonburi

AAR and Air France Industries KLM Engineering & Maintenance to Form Joint Venture in Asia-Pacific

AAR CORP. and Air France Industries KLM Engineering & Maintenance (AFI KLM EM) have announced the establishment of a new joint venture aimed at enhancing aviation services in the Asia-Pacific region. This strategic partnership is designed to provide comprehensive maintenance, repair, and overhaul (MRO) services specifically tailored for the nacelles of next-generation aircraft.

Located in the AAR facility in Chonburi, Thailand, this venture represents a significant step forward for both companies, marking their second collaboration after a successful previous joint venture in 2021 that focused on the Americas. The new venture seeks to meet the increasing demands of the aviation sector and maintain the high standards of service excellence that both companies are known for.

Objectives and Services of the Joint Venture

The new entity will specialize in performing a range of services, including:

• - On-site inspections: Keeping aircraft in service with minimal downtime.
• - Nacelle maintenance and repairs: Ensuring the integrity and functionality of critical components.
• - Parts availability: Guaranteeing extensive stock for immediate service needs.

Benjamin Moreau, Senior Vice President of Strategy and Business Development at AFI KLM EM, expressed enthusiasm about the venture, highlighting that it bolsters both partners' capabilities in the region. He emphasized the importance of local proximity and a sustainable supply chain in delivering superior MRO services, ultimately enhancing efficiency and reliability for their airline clients.

Jim Berberet, Senior Vice President of Component Services at AAR, added that the collaboration leverages the innovative strengths of both companies, positioning them to effectively support the largest fleets within the APAC region. The joint venture is poised to adapt and expand its nacelle service portfolio to incorporate additional engine nacelle types in the future, further solidifying its position in a competitive market.

Broader Industry Impact

AAR and AFI KLM EM are committed to addressing the evolving needs of the aviation industry. By combining their extensive knowledge and resources, the companies aim to set a new benchmark in MRO service efficiency, aiming for both quality and accessibility in their offerings.

This joint venture is contingent on regulatory approval but signifies an important addition to the global network for nacelle services. As air travel continues to recover and grow in the aftermath of global disruptions, such collaborations are vital for supporting the resilience and sustainability of air transport.

About the Companies

AAR CORP. is a well-established player in the aerospace and defense aftermarket solutions sector, boasting operations across over 20 countries with a strong focus on commercial and government clientele.

Air France Industries KLM Engineering & Maintenance stands out as a key MRO provider in the industry, equipped with a workforce of over 12,800 professionals and a robust logistics network that supports nearly 3,000 aircraft operated by respected international and domestic airlines.

This new collaboration is a testament to the importance of partnership and innovation in an industry that is always in flux, ensuring that operators have the utmost support for their aircraft.

For more information, you can visit their respective websites: AAR CORP and AFI KLM EM.