Aviall Receives Exclusive Lifetime Contract to Distribute Rolls-Royce RB211-524 Unique Engine Spare Parts
DALLAS, May 11 /PRNewswire/ -- Aviall Services, Inc., a unit of Aviall, Inc., a wholly-owned subsidiary of The Boeing Company, has entered into an exclusive worldwide aftermarket distribution agreement with Rolls-Royce plc for unique spare parts of the RB211-524 aircraft engines.
Aviall will assume these spare part distribution responsibilities to RB211-524 customers in the fourth quarter of 2010. The agreement extends for the life of the engine.
The RB211-524 engines power the Boeing 747 and 767 and Lockheed L1011. More than 190 RB211-524 powered aircraft are in service today and currently accumulate more than 2.3 million flight hours each year.
"We are pleased to expand our relationship with Rolls-Royce into the large turbofan commercial engine marketspace," Dan Komnenovich, president and CEO of Aviall, Inc., said. "Aviall and Rolls-Royce will continue to work together to provide our customers the finest in aviation products and aftermarket services."
Aviall will be responsible for forecasting, ordering, and delivering all Original Equipment Manufacturer (OEM) genuine replacement parts that are unique to RB211-524 engines and will assume responsibility for documentation management, worldwide inventory deployment, warehousing, and product distribution.
Aviall also will use its advanced, aftermarket service technologies to support the Rolls-Royce RB211-524 engine spare part sales fulfillment, line item forecasting, production planning, and sales intelligence systems as well as end-customer requirement planning, provisioning, and supply-chain administrative needs.
Rolls-Royce will continue to be responsible for providing technical support for these engines.
FORWARD-LOOKING STATEMENTS
The statements contained in this release that are not historical facts are forward-looking statements (as such term is defined in the Private Securities Litigation Act of 1995). Actual results may differ materially from those expected in the forward-looking statements. These forward-looking statements involve risks and uncertainties, including competitive factors and pricing and supply pressures, shifts in market demand, general economic conditions and other factors including, among others, those that affect flight activity in commercial, business and general aviation, the business activities of the Company's customers and suppliers and developments in information and communications technology.
ABOUT AVIALL
Aviall, Inc. operates as a wholly owned subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes, which is a unit of The Boeing Company. Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace, defense and marine industries.
Aviall is headquartered in Dallas, Texas. As one of the world's largest providers of new aviation parts and related aftermarket operations, Aviall markets and distributes products for more than 230 manufacturers and offers more than 2,000,000 catalog items from 39 customer service centers located in North America, Europe, the Middle East, India and Asia-Pacific. Aviall provides maintenance for aviation batteries and wheels and brakes, as well as hose assembly, kitting and paint-mixing services. The company also offers a complete set of supply chain and logistics services, including order processing, stocking and fulfillment, automated inventory management and reverse logistics to OEMs and customers.
SOURCE Aviall Services, Inc.
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