Next Level Aviation (NLA), a leading global supplier commercial aircraft and jet engine used serviceable material (USM), and Aeras Aviation, a global asset management company specializing in end-of-life engine assets for teardown and part-out, have entered into a USM consignment agreement covering CFM56 family engine accessories.
As part of the agreement, Aeras Aviation will consign engine accessories off their CFM56-5B and -7B teardowns to Next Level Aviation after which NLA will handle repair management, quality, warehousing, and logistics for the consigned inventory. Next Level Aviation will then sell the serviceable CFM56 material globally to support both companies’ worldwide customer bases with engine accessory USM at market-leading turnaround times and pricing.
Next Level Aviation Chairman & CEO Jack Gordon commented, “We are proud to partner with Aeras Aviation on this CFM56 engine accessory consignment agreement to further enhance NLA’s ability to support our, and Aeras’s, global customer base with lower-cost serviceable CFM56 engine accessories.”
“When the opportunity became available to partner with Aeras Aviation it was an easy decision. They have an experienced management group that will provide a steady stream of material for our customers for years to come. We could not be more excited to work together with such a great team,” said Matt Dreyer, Executive Vice President of Supply Chain for Next Level Aviation.
Aeras Aviation’s Managing Director, Demetrios Bradshaw, stated “We are thrilled to announce our partnership with Next Level Aviation. This collaboration represents an exciting opportunity for both organizations to leverage each other’s strengths and drive innovation in our industry. Together, we look forward to achieving our shared goals and delivering even greater value to our customers.”
“Our partnership with Next Level Aviation marks a significant milestone for Aeras Aviation. The combined expertise and resources of our two organizations will undoubtedly enhance our ability to deliver exceptional service to our customers in the aviation industry,” commented Aeras Aviation’s Director of Asset Trading & Engine Programs, Aran Tindall.
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