NORDAM AND GECAS UNIT PARTNER TO OFFER FLIGHT CONTROL PARTS FOR AIRLINES

TULSA, OKLA. (April 8, 2014) – NORDAM and GE Capital Aviation Services’ (GECAS) Asset Management Services unit announced a new cooperative initiative to provide airline customers with enhanced options for flight controls.

The partnership combines GECAS’ inventory of flight control parts from aircraft teardowns with NORDAM’s strengths in component repair to offer airlines a faster and lower-cost solution than repair of the customer’s part.

“We can repair almost anything,” said NORDAM vice president of global marketing Bailey J. Siegfried, who also is responsible for the firm’s rotable assets. “But it can take time, depending on the part condition. With GECAS’ inventory of spare parts, we can offer a quicker – and in some cases, lower-cost – solution than repairing the customer’s part.”

The two companies will begin with a focus on flight controls and plan to expand into other components in the future.

“With GECAS’ vast inventory of spare parts and NORDAM’s ability to quickly determine a part’s condition and repair, we can offer customers wider choice and faster turn times,” said Shay O’Donnell, vice president of sales and marketing for GECAS Asset Management Services.

GECAS’ Asset Management Services unit, headquartered in Memphis, Tenn., is one of the largest worldwide distributors of recertified aviation components for Airbus, Boeing and Bombardier aircraft. The parts trader has an inventory of 80,000 part numbers, located in warehouses in the U.S., Great Britain and Singapore. (www.GECAS.com)