AvAir has secured their largest acquisition to date withÿIberia Maintenance to gain more than 1.5 million consumable parts and 30,000 tagged rotable components.ÿ

Iberia Maintenance offers Maintenance, Repair and Overhaul services to more than 50 customers worldwide including all IAG airlines, Iberia, Iberia Express, Aer Lingus, British Airways, Level and Vueling; OEMs and other customers from all five continents. Iberia Maintenance provides Engine Overhaul Services for CFM56, V2500 and RB211 engines in its facility in Madrid; Heavy Maintenance for Airbus fleet in its hangars in Madrid and Barcelona; Component Repair Services and Line Maintenance Services across multiple locations in Spain and Latin America.

?We are grateful Iberia gave us the opportunity to provide a solution that goes far beyond a traditional purchase,? said Brandon Wesson, Executive Vice President of Sales for AvAir. ?This inventory puts AvAir in an unrivalled position to support our customers during this recovery and well into the future.?

?AvAir created a strategic solution that addressed our needs,? said Iv n Gonz lez Vallejo, Director of Strategy and Supply Chain for Iberia Maintenance. ?This agreement not only provides liquidity, but a rapid adjustment of our asset needs going forward and the establishment of a working relationship with AvAir that will improve how we can better support our customers in the future.?ÿÿ