AAR, the airframe maintenance and integrated supply chain solutions provider, has signed a five-year agreement to provide power-by-the-hour (PBH) component inventory management and repair services to South African Airways Technical (SAAT) Ltd. The contract is valued up to $125 million. “This agreement marks a significant expansion of AAR’s aviation and supply chain services in emerging markets,” said David P. Storch, President, Chairman and CEO, AAR. “We are pleased to win the confidence of this leading airline customer in Africa.” AAR has teamed with local joint venture partner, JM Aviation South Africa, to support South African Airways’ (SAA) fleet with nose-to-tail
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