tasc aviation, a 100% subsidiary of the European giant Airbus based in Dubai (UAE) and AAR Parts Trading Inc., a wholly owned subsidiary of AAR CORP., have entered into a spare parts consignment agreement for enhancing the availability of Airbus spare parts and to serve operators and customers based in the Middle East, Africa and Subcontinent.
Mr. Ezzeddine Hamouda, CEO of tasc aviation and Mr. James Clark, Group VP of AAR's Aviation Supply Chain operating segment have signed this agreement during a ceremony held on 3rd of April in Toulouse, France.
AAR will position certain critical spare parts, OEM accessories, rotables and other goods and materials within tasc aviation premises in Dubai where tasc aviation will be able to propose various spares solutions to Airbus operators including loan, exchange, outright sale and pooling.
"This Agreement is a first milestone in what we believe to be a long term business relationship with AAR and this will allow our customers primarily in the Middle East, Africa and Subcontinent region to benefit from tasc's existing spare parts stock and those to be provided by AAR. From now onwards customers are free to choose the option which more suits their current needs and select between purchase, exchange or loan options. We are confident that in the months to come, we will be able to offer pooling option as well. On the other hand AAR will enjoy tasc's expertise and extend presence in the Middle East region by utilizing the strategic location of Dubai for a spares center", said Ezzeddine Hamouda.
"Earlier this year, we have been granted the AS/EN9120:2002 quality management standard and renewed our ISO9001:2000 for our aircraft spare parts trading activities. In the meantime, we have also successfully passed the quality standard requirements of Airbus. These are considered as major steps in our quality processes in recognition of the very high standard of our quality management being routinely carried out at the tasc aviation spares centre at Dubai International Airport", he added.
-Ends-
About tasc aviation
tasc aviation is the airline business consultancy subsidiary of Airbus, headquartered in Dubai in the United Arab Emirates.
The company's expert services have been on offer to passenger and cargo airlines, business aviation operators, airports and government authorities, investors and manufacturers since 2002. tasc aviation offers a multi-disciplinary range of services, including airline business strategy consulting, airline branding and airline marketing services, cabin management, spares trading, operations, aircraft delivery management and new airline start-up consultancy. Further information can be found at www.tasc.aero
About AAR
AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With 58 facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems and Aircraft Sales and Leasing. More information can be found at www.aarcorp.com.
Contacts:
tasc aviation - an Airbus Company
Marketing Department
Dubai International Airport Free Zone
Tel: 9714 299-6585
Fax: 9714 299-6588
E-mail: info@tasc.aero
AAR CORP.
Rahul Shah
Senior Vice
President and Managing Director,
Middle East, Africa,
Turkey and India Operations
Tel: 65 97398207/ 65 91505350
E-Mail: rshah@aarcorp.com
© Press Release 2009
