AAF growth takes off with Santander funding

Aircraft supplies company AAF Spares is set for growth after securing a $10m (£6.18m) finance package from Santander Corporate & Commercial Banking to purchase additional stock to supply to major aircraft clients. AAF is 50/50 joint venture established in June 2011 between Avtrade Limited and Air France. The new funding will be used to grow AAF Spares leasing business, specifically focussing on parts for the Airbus A320/A330 generation of aircraft.