AAR Opens New Supply Chain Hub in China
AAR (NYSE: AIR), an independent provider of aviation services to airlines, original equipment manufacturers (OEMs) and MROs worldwide, has opened a parts warehouse in Shanghai. The new supply chain hub was established to expedite the delivery of crucial aircraft components to operators and MROs in China.
Eric Young, Senior Vice President of AAR OEM Aftermarket Solutions, said, “China is forecast to be the fastest growing aviation market in the world. As a result, serving and capturing aftermarket opportunities in the Chinese market is of the highest priority for our commercial OEM partners. This new Shanghai warehouse will enhance the service we provide customers in China and, in turn, improve our ability to execute China growth strategies jointly developed with our OEM partners.”
AAR’s Shanghai warehouse will stock factory-new airframe and engine components from OEMs including Eaton, Unison, UTAS, Meggitt and Lord, fulfilling the needs of just about every type of aircraft operating in China today. This new China facility follows the recent opening of AAR’s Dubai warehouse. These two new additions to the Company’s global supply-chain network are a reflection of AAR’s focus on serving OEM partners’ aftermarket needs and goals.