AAR Expands ATR Product Line by Acquiring Island Air Inventory, Tooling
AAR (NYSE:AIR), a leading integrator of aviation supply chain solutions, recently expanded its ATR parts offerings by purchasing the entire ATR inventory, plus tooling, of Honolulu-based Island Air Inc., which recently phased out its ATR operations.
The acquisition deepens AAR’s commitment to providing global, customer-facing solutions to the ATR market. The inventory will be integrated into AAR’s existing ATR supply chain and strategically positioned at the Company’s distribution hubs in the United States, Singapore and Hannover, Germany.
This is the first ATR inventory package AAR has purchased since entering the ATR market earlier this year when it bought ATR inventory from ASL Aviation subsidiary ACLAS Global as part of a PBH agreement with ASL. AAR has a dedicated ATR product line team based in the UK to serve ATR customer parts requirements globally.
“The acquisition of the Island Air inventory and tooling re-affirms our commitment to the ATR family, operators and MROs,” said Gordon Bilbey, General Manager, ATR Parts Supply.
“Through our dedicated UK ATR hub and AAR’s worldwide regional sales offices, we are committed to becoming the preferred choice for ATR aftermarket support.”
“For many years AAR has been at the forefront of airframe and engine component sales and support, and we are extremely pleased that this now includes the ATR platform,” said Sal Marino, Vice President, Parts Supply, AAR.