Airinmar selected by Pegasus to provide warranty management services
Berkshire, England, Nov. 16, 2023 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, signed a new multi-year services agreement with Turkish-based low-cost carrier Pegasus.
Airinmar will provide Pegasus with warranty support services, including the identification, claim, and recovery of the multiple airframe and component warranty entitlements provided by Airbus and its suppliers. The services provided by Airinmar will complement Pegasus’ current procurement activities by focusing on maximising the recovery of Pegasus’ warranty entitlements and reducing the overall cost of aircraft maintenance.
“Airinmar’s knowledge of aircraft warranty and ability to maximise credit recovery will support effective management of our maintenance spend,” said Serife Akin, Procurement Director for Pegasus.
“This relationship will also enable us to continuously extract value from our product support agreements and effectively manage repair costs as we continue to expand our fleet.”
“We are enthusiastic about this opportunity to bring value through our well-proven warranty management services and contribute to the overall success of Pegasus,” said Matt Davies, General Manager
of Airinmar. “With more than 100 aircraft currently in operation and an additional 76 A321NEO aircraft on order, we take pride in playing a role in Pegasus' ongoing growth.”
For more information on Airinmar’s industry-leading solutions, visit https://www.airinmar.com/.
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About Airinmar
Airinmar has supported airlines, MROs, OEMs, helicopter operators, and military programs for more than 35 years through the delivery of its tailored component repair and
warranty management support services, which deliver reduced repair expenditure, improved component availability, and enhanced operational efficiencies. Airinmar is a subsidiary of global aviation
aftermarket leader AAR (NYSE: AIR). Additional information can be found at https://www.airinmar.com/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and
government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.