AvAir has secured more than 1.5 million consumable parts and 30,000 tagged rotable components from Iberia Maintenance.
It is inventory solutions provider AvAir’s largest acquisition to date.
“We are grateful Iberia gave us the opportunity to provide a solution that goes far beyond a traditional purchase,” said AvAir’s executive vice president of sales Brandon Wesson. “This inventory puts AvAir in an unrivalled position to support our customers during this recovery and well into the future.”
Iberia Maintenance director of strategy and supply chain Iván González Vallejo commented: “AvAir created a strategic solution that addressed our needs.
“This agreement not only provides liquidity, but a rapid adjustment of our asset needs going forward and the establishment of a working relationship with AvAir that will improve how we can better support our customers in the future.”