B&H Worldwide has announced the growth of its agreement with aviation asset specialist AerFin, which buys, sells, leases and repairs airplane, engines and parts to maximise worth for owners and gives a decrease-cost provide of area cloth to its airline, lessor and MRO customers.
This extension will see B&H Worldwide’s Hong Kong place provide a differ of logistics services, including freight forwarding, packing, perilous goods handling, customs brokerage, storage, and inventory management to make stronger AerFin’s acquisitions of airplane within the gap.
Below this agreement, B&H Worldwide will arrange the resources in Hong Kong, enhancing AerFin’s operational reach all the map thru the Asia-Pacific space. The services equipped by B&H Worldwide will encompass the coordination of cargo on the teardown facility and on-plight packing, the switch of all inventory to B&H Worldwide’s steady facility in Hong Kong, where parts would per chance be meticulously recorded in B&H Worldwide’s proprietary instrument, FirstTRAC, earlier than being sold, sent for servicing, or retained in storage. This collaboration builds upon the present partnership between B&H Worldwide and AerFin following an agreement signed during Aviation Week’s MRO Americas 2023 which covers an identical operations in Australia and Singapore strengthening the organisations’ regional partnership in APAC.
Stuart Allen, Community CEO of B&H Worldwide, expressed his enthusiasm about the expanded partnership: “We are gay to continue our profitable collaboration with AerFin and to further lengthen our services into APAC. Our crew is dedicated to providing the top seemingly stage of logistics make stronger to make certain that that AerFin can optimise its operations within the gap. This contract extension is a testament to the strength of our relationship and the belief AerFin locations in our capability to bellow tailored aerospace logistics solutions.”
Paul Ashcroft, SVP Asia Pacific, AerFin added: “With our resolution to lengthen our global reach into Asia Pacific, the growth of the B&H agreement strengthens the work we fetch already been endeavor within Singapore. Our strategic inventory holdings at B&H Worldwide’s warehouse in Singapore fetch increased vastly this one year with the resolution as a map to add more A320, Boeing 737 and A330 family inventory for the length of the gap. Putting key inventory in Singapore gives confidence in our capability to attend our regional customers better than ever earlier than. Demonstrating our continued enhance in Asia, this day’s announcement now permits AerFin to give a an identical legitimate inventory resolution from Hong Kong, the gateway to China.”
