AAR wins contract to provide PBH, component management & repair services to South African Airways Technical

AAR has signed a five-year agreement to provide power-by-the-hour (PBH) component inventory management and repair services to South African Airways Technical (SAAT). The contract is valued up to US$125m. AAR has teamed with local joint venture partner, JM Aviation South Africa, to support South African Airways’ (SAA) fleet with nose-to-tail component and repair management. JM Aviation will provide day-to-day, on-the-ground account management and technical support and will work closely with AAR’s global parts supply warehouse team in Brussels. Work officially began on October 1. The joint venture also will focus on growing SAAT’s MRO services to third-party customers/airlines across the continent, and fulfills a key objective of the South African government to extend aviation services contracts to black-owned firms that, like JM Aviation, are certified BBBEE, or broad-based black economic enterprise businesses.