AAR has signed its first power-by-the-hour (PBH) contract in Asia with Japanese carrier Ibex Airlines in support of its Bombardier CRJ family aircraft.
Under the terms of the agreement, AAR will manage the supply chain from its CRJ components inventory through its global warehouse network, including the management of the component repair cycle at a fixed price.
Tokyo-based Ibrex will also have access to AAR’s inventory pool through exchanges and procurement.
The programme will initially cover two CRJ200 aircraft before expanding to nine in the coming months with the inclusion of seven CRJ700 aircraft.
Ken Hein, AAR’s senior vice-president of supply chain, said: “Given the rapid growth of Asia’s aviation market, PBH programmes allow airlines to outsource capital costs and parts management so they can focus on operations and passengers.”