
PRESS RELEASE
AeroTurbine Signs Ten Year Surplus
Remarketing and Supply Chain Management Service Agreement with Chromalloy For
Gas Turbine Engine/APU Material
Amsterdam and Miami; April 20, 2010 –
The
initial inventory selected for inclusion in this program includes in excess of
50,000 line items of CFM56, CF6, PW4000, PW2000, V2500, JT8D, various whole
APUs/APU piece parts and ground power engine piece parts. The agreement allows for further expansion
with material surplus from Chromalloy.
“AeroTurbine is delighted to be
working with a partner as strong as Chromalloy in this initiative. We have extensively developed our supply
chain products and services over the last several years,” said
About
About Chromalloy
Chromalloy is the world’s largest independent supplier of
technologically advanced repairs, coatings, and FAA-approved replacement parts
for turbine airfoils and other critical engine components. Chromalloy serves
the airline, military, marine and industrial gas turbine segments at locations
in 14 countries around the globe (www.chromalloy.com).
This
press release may contain forward-looking statements that involve risks and
uncertainties. In most cases, you can identify forward-looking statements by
terminology such as “may”, “should”, “expects”, “plans”, “anticipates”,
“believes”, “estimates”, “predicts”, “potential” or “continue” or the negative
of such terms or similar terminology. Such forward-looking statements are
not guarantees of future performance and involve significant assumptions, risks
and uncertainties, and actual results may differ materially from those in the
forward-looking statements.
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