Bii purchases significant Boeing 747/8, 767/777 modern spares inventory from AFG, a leading provider of aircraft parts and services for the commercial aviation sector, has acquired a significant portion of Aircraft Finance Germany’s (AFG) inventory of enhanced Boeing spares many of which are interchangeable between Boeing 747-8, 767 and 777 aircraft types.

The material, including high ticket rotable components, will be integrated into Bii’s stock before the end of May following full inspection and fresh tags. Francis Cradock, CEO, says the stock purchase will sit favorably with the organization’s globally located consignment packages. “We’re focused on providing customers with the right component support that helps to deliver their operational efficiency.  Many airlines are re-evaluating how best to manage their MRO requirements so we’ve been working with a number of partners to strategically locate consignment stock and supplement that with repair management expertise.  Airlines can then concentrate on rebuilding their route networks and outsource the on-going maintenance and repair of all spare parts to us. Alongside this we need to constantly enrich our stock with high quality modern parts for both Boeing and Airbus platforms so that we can also meet the ad hoc customer needs of those looking to buy or exchange parts.  The material from AFG fits our purchasing criteria perfectly.”

Christian Nuehlen, Chief Executive Officer at AFG commented, “This deal is indicative of Bii’s further commitment to AFG and supplements the flexible support programs they already provide for us across rotable and consumable materials, as well as repair management services for our aircraft in check, coming off lease, or in transition.”