London, February 19th 2013: A J Walter Aviation and Engineering - The Aviation Maintenance Holding - have signed an agreement aimed at enhancing spare parts support and provision in Russia through the establishment of an exclusive consignment stock pool of Airbus A320 and Boeing B737 parts.

These components will be housed centrally at Engineering’s facility at Domodedovo Airport, Moscow, allowing for quick and easy distribution across Russia and CIS, as well as the surrounding areas.
    
The consignment stock agreement is considered the first venture of its type in Russia between a leading Western independent parts specialist and an independent Russian MRO provider.  The set-up of the pooling facility is the result of a positive and long standing relationship between the two Companies and clearly fills a gap in the market for a fast, reliable and cost effective parts provision service within Russia. Both AJW and Engineering expect to see a high level of demand for the new service from local operators of Airbus A320 Family and Boeing 737 aircraft across Russia and CIS.

“The absence of Western-built aircraft spare parts stocks in Russia has historically forced many local airline operators, who do not have their own home base stock, to ship spare parts from abroad losing time on logistics and customs arrangements as well as incurring high costs” comments Natasha Meerman, Sales and Marketing Manager – Russia and CIS, A J Walter Aviation.  “In AOG situations especially, this has a severe effect on the efficiency of aircraft operations in the region.  This consignment stock now offers local carriers a rapid and flexible solution for the supply of hot items for Western aircraft, direct from a Russian based stock pool.”

Natasha concludes, “The stock is available to support all Russian carriers, for AOG requests as well as base maintenance across Engineering’s maintenance facilities.  Immediate access to this stock means all local operators can now improve utilisation rates and the overall profitability of their fleet-wide operations.”

For further information on the AJW and Engineering consignment stock pool in Russia, please contact Natasha Meerman on natasha.meerman@ajw-aviation.com

-end-

Jane Goring,

Inter Relations & Company

Tel:  +44 1403 218588

e-mail: jane@inter-relations.co.uk

COMPANY CONTACT:

Andy Braley, Director of Business Development

A J Walter Aviation

Tel: +44 1403 798000

e-mail: andy.braley@ajw-aviation.com

A J Walter Aviation
A J Walter Aviation is a world leading specialist in the supply, repair and lease of commercial aircraft spare parts, including services in aircraft engines, aircraft inventory management; power-by-the-hour and pooling support; consignment stock; global 24/7 AOG; component maintenance and overhaul; consumable supplies; logistics and freight management.  AJW offices are based in Singapore, Dubai, London and Miami with further inventory hubs across Europe and North America.   
www.ajw-aviation.com

Engineering – The Aviation Maintenance Holding
Engineering - the Aviation Maintenance Holding is the largest horizontally integrated holding group that provides maintenance services for the Western and Soviet-built aircraft in Russia and CIS. The group unites three companies Sibir Technics, S7 Engineering, ATB Domodedovo.  
www.engineering-ru.com