BERKSHIRE, England — AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a three-year agreement with JetBlue to provide component Value Engineering cost oversight services for the airline’s Airbus and Embraer fleets.
The agreement covers the provision of Airinmar’s unique Value Engineering knowledge and expertise, along with in-house support systems across a wide range of JetBlue’s aircraft components. Under the scope of the services, Airinmar will assess repair costs to assure compliance with JetBlue’s contracted pricing terms, under either component flight-hour or fixed-pricing terms, as well as the cost evaluation of time and material quoted repairs.
“Our partnership with Airinmar marks another significant step in JetBlue’s ongoing commitment to continuous improvement and maintenance cost reduction initiatives,” said Bill Cade, JetBlue VP of Technical Operations. “Since the program started, we’ve already seen cost savings from Airinmar’s Value Engineering support and look forward to continued benefits.”
"We are thrilled to expand our Value Engineering Services to one of the most innovative airlines in the U.S.," said Peter O’Dea, Airinmar Head of Sales and Business Development. "By working as a valued partner alongside JetBlue’s in-house engineering and maintenance team, we are fully committed to developing our services to support the airline’s drive to further reduce its maintenance costs.”