B&H Worldwide, a prominent player in aerospace and aviation logistics, has announced an expansion of its agreement with aviation asset specialist AerFin. AerFin, which specialises in buying, selling, leasing, and repairing aircraft, engines and parts, aims to maximise value for owners while offering cost-effective materials to airlines, lessors and MRO customers.
As part of this extended partnership, B&H Worldwide's Hong Kong station will provide a comprehensive range of logistics services to support AerFin's aircraft acquisitions in the region. These services include freight forwarding, packing, dangerous goods handling, customs brokerage, storage and inventory management.
B&H Worldwide will manage AerFin's assets in Hong Kong, further extending AerFin's operational reach across the Asia-Pacific region. Specific services will involve coordinating cargo at the teardown facility, on-site packing and transferring all stock to B&H Worldwide's secure Hong Kong facility. The parts will be carefully recorded using B&H Worldwide's proprietary software, FirstTRAC, before being sold, sent for servicing, or retained in storage.
This expansion builds upon the existing partnership between the two companies, following an agreement signed during Aviation Week's MRO Americas 2023. The original agreement covers similar logistics operations in Australia and Singapore, further strengthening the regional partnership between B&H Worldwide and AerFin in the Asia-Pacific region.
