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AFI KLM E&M and AVTRADE Launch US Asset Management Offer

Service and support to be supplied via Miami-based affiliate AAF Spares LLC

Paris, Amstelveen, 09 April 2014. AFI KLM E&M has officially announced the creation of a Miami-based centre dedicated to asset management operations in the Americas. Named AAF Spares LLC, the business is wholly-owned by AAF Spares Limited, the 50/50 joint venture set up by AFI KLM E&M and Avtrade in 2011. This established partnership has developed a range of innovative global aircraft component services solutions designed to fit with the requirements of airlines and fleet operators worldwide. AAF Spares LLC offers component support, including trading (sales, loans and exchanges) and Base kit leasing for Airbus A320, A330/340 and Boeing 737, 757, 767 and 777 aircraft to aviation customers throughout the Americas region.

Maximum component availability
Focused on customer expectations and the needs of the aviation market in the Americas, AAF Spares LLC will provide maximum spares availability using its own inventory as well as those of Avtrade and AFI KLM E&M. With a wealth of aircraft component knowledge and experience, spares management and optimization capabilities, combined with access to an efficient and strong global logistics network, the AAF Spares Limited subsidiary is able to offer an effective service and meet all the requirements of airlines operating throughout the Americas.
Franck Terner Executive Vice President AIR FRANCE KLM Engineering & Maintenance, said: “With AAF Spares LLC, the Group is consolidating its MRO network in America and will provide a competitive top-quality spares service to operators across the Americas. In addition to enjoying dedicated access to the spares inventories of its parent companies AAF Spares LLC will also benefit from the local expertise of AFI KLM E&M repair shops, and in particular those of its AMG subsidiary, to deliver genuine service excellence to its clients.”
Graeme Brooks, Avtrade Chief Executive Officer added:”I am delighted that Avtrade can bring its decades of extensive component support expertise to AAF Miami in order to be able to successfully trade within the Americas.”

Air France Industries and KLM Engineering & Maintenance, which joined forces following the AIR FRANCE KLM merger, are major multi-product MRO (Maintenance, Repair, Overhaul) providers. With a joint workforce of over 14,000, AFI KLM E&M offers comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul, aero structure and FTR support, as well as the management, repair and supply of aircraft components, structured around a powerful logistics network. AFI KLM E&M supports almost 1,300 aircraft operated by 150 major international and domestic airlines.  or

About AMG
Based in Miami, Atlanta, at three maintenance facilities, AMG is ideally placed to satisfy the needs of its customers operating commercial or regional fleets in North America, Central and South America, and the Caribbean. Its extensive repair capabilities, together with its strategically located Logistics Centre in Miami, mean that AMG can provide local component support and composite MRO services for a wide range of commercial and regional aircraft. AMG is a wholly-owned AFI KLM E&M subsidiary and combines the flexibility and competitiveness of a local supplier with the expertise, adaptability and reputation of a lead player in the global MRO marketplace.
AMG supplies solutions tailored to the needs of its airline industry client base through three subsidiaries: Aero Technologies (Miami), for support, repair and overhaul services for pneumatic and hydraulic systems, avionics suites, and fuel and electro-mechanical systems; Air-Pro (Miami), which handles cabin and safety equipment repairs and modifications, the distribution of aerospace hoses, and the sale of spare parts and Precision Electronics (Atlanta), which maintains and repairs electronic, electro-mechanical, hydraulic and pneumatic instruments and accessories, in particular for regional and business fleets.

About Avtrade
Established by present owner and CEO Mr Graeme Brooks in 1985, Avtrade has developed into a leading Global Component Service provider to the Commercial Aviation market, whose mission still remains to build long term mutually beneficial partnerships with its customers.  With a main base and pool stock in the UK and further offices and facilities in Dubai, Singapore and Russia and an extensive inventory for Airbus, Boeing, BAe and ATR aircraft, Avtrade is ideally placed to offer efficient and effective Component Support to its customers around the globe.
Avtrade provides full on-site 24-7 AOG support and has specialist divisions providing asset management, component leasing, power by the hour support, component repair management, global logistics, warranty administration and ad-hoc sales, loans and exchanges.