BERKSHIRE, England, February 1, 2019 – AAR (NYSE: AIR) subsidiary Airinmar, a global leader in the provision of intelligent component repair cycle management and aircraft warranty solutions for commercial and defense customers, has signed an agreement with one of the leading low-cost carriers in Europe to augment its warranty management capability.
Airinmar will operate as an extension of the airline’s warranty team to identify, record and claim heavy/line maintenance warranty entitlements; lend expertise to assess service bulletins for additional warranty, when applicable; and maximize warranty recovery, including free of charge material and labour credits. In collaboration with the airline, warranty and guarantee entitlements associated with aircraft engines will be recovered, and projects will be run to analyse expendable equipment usage, review subcontract maintenance events and implement quarantines.
“We are proud that Airinmar has been chosen to complement this leading low-cost carrier’s existing warranty management team through the provision of our expertise, robust processes and systems,” said Matt Davies, General Manager, Airinmar. “Our new partnership adds a well-respected airline to our customer base as we expand our warranty management services.”