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Press Release

08/04/2014 - 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, 8 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."

About AMG
AMG is a wholly-owned subsidiary of AFI KLM E&M, based in Miami and Atlanta and operating three maintenance facilities. AMG specializes in component support for a wide range of commercial and regional aircraft and is ideally placed to serve the needs of clients operating in North, South, and Latin America and the Caribbean.

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.


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