ACLAS GLOBAL ANNOUNCES NEW SINGAPORE BASE

Singapore, 11th February 2014: At the Singapore Airshow ACLAS Global, a world leader in aircraft spares support, has announced a substantial investment that will offer significant benefits to ATR operators throughout Asia-Pacific.

In an initiative driven by ATR’s rapid growth with Asian operators, a new ACLAS Global warehousing base is to open in the Tax Free Zone in Changi Airport, Singapore, holding an extensive range of ATR spares to support customers in the region.

The initial 3million USD investment will create the largest independent trading inventory in Asia allowing ACLAS to provide a superior service for ATR operators that covers all eventualities.

The new Singapore facility will be operational from 17th February and will store and maintain a wide range of rotable, consumables and de-ice product types.

The new ACLAS facility will allow the company to offer customers throughout Asia-Pacific a substantially faster exchange unit service, cutting delivery times and allowing a significantly faster return to flying for AOG aircraft.

With a 24/7 service, 365 days a year, airlines and MRO’s will have a reliable, extensively stocked spares service specifically geared to the requirements of the region’s established and new ATR operators.

A shipping agreement has been signed with a locally based third party logistics company to facilitate speedy and efficient dispatch and delivery throughout Asia-Pacific.

The ACLAS inventory will initially be maintained at launch levels and will be expanded over time to match demand and the growth of the ATR presence in the Asia-Pacific market.

“We are a customer focussed organisation and with this investment we are aiming to provide a world class service to current and prospective new customers that is concentrated on their regional requirements”, commented Mr. Ian Hilton, Commercial Director of ACLAS Global.

“By creating such a large and wide-ranging inventory in Singapore we are immediately able to offer a faster, more cost effective solution to ATR operator customers”, said Mr. Hilton.

This new service will significantly reduce AOG time and costs for current operators, and from an operator investment perspective it will also enhance the business case for the many airlines in the region now considering the undoubted potential of ATR aircraft.

The ACLAS announcement confirms the company’s commitment to the Asia-Pacific market where ATR has reported that in 2013 it had accounted for nearly 85% of sales of all aircraft fewer than 90 seats in the fastest-growing countries of Southeast Asia.