AvAir Warehouse. Credit: PRNewsfoto/ AvAir.

Global aviation aftermarket parts supplier AvAir has entered an agreement to acquire the surplus inventory of independent MRO solutions provider Sabena technics.

The divesture is in line with Sabena’s aim to optimise inventory and better serve customers by investing and further expanding its stocks.

Sabena technics component solutions vice-president Ludovyc Lecherbonnier said: “We are very pleased with the solution AvAir has provided us and are delighted to keep strengthening our partnership of many years.”

Under the agreement, AvAir will gain new consumables and expendables, including both airframe and component surplus materials.

AvAir’s global customers will have access to all the acquired inventory, which is used for heavy maintenance on aircraft such as the Airbus family, ATR and C130.

Due to the Covid-19 pandemic, several aircraft remain grounded and would need to undergo maintenance checks to return to service, according to the company.

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Based in Arizona, AvAir offers customised solutions for customers and suppliers to buy, sell, exchange, loan, lease or consign more than 26 million in-stock aircraft parts.

Last September, the company purchased the complete surplus inventory of Argentina’s largest airline and the country’s flag carrier Aerolíneas Argentinas.

The acquired inventory includes 45,000 line items of rotable and consumable material.

AvAir CEO Mike Bianco said: “We’re happy to continue to meet Sabena technic’s needs through our custom-fit solutions.

“Our strategic partnership is a win-win for our customers who will continue to receive top quality parts and service.”