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Subject: TNM

AvAir Acquires Parts Inventory of TAP Maintenance & Engineering Brazil


More than 4,000,000 Items added to Existing Stock

CHANDLER, Ariz., Jan. 29, 2024 /PRNewswire/ -- AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has acquired TAP Maintenance & Engineering Brazil's entire inventory. More than 100,000 line items were obtained by AvAir from TAP M&E.

TAP M&E Brazil (formerly VEM Maintenance & Engineering) is a company of TAP Portugal Group, one of the world's 10 largest aircraft and component maintenance, repair and overhaul (MRO) companies in the world.

AvAir has purchased TAP M&E Brazil's vast inventory of rotable and expendable parts from its Rio de Janeiro and Porto Alegre facilities. This inventory serviced narrow and widebody aircraft for most Boeing and Airbus fleet types. This inventory will be relocated to AvAir's Chandler warehouse.

"Costs and lead times continue to increase across the board to buy new or repair existing parts. Having the right inventory tagged and ready to go is something our customers expect from us," said Brandon Wesson, president at AvAir. "We're pleased to have been able to work with the TAP Air Portugal team to acquire this inventory and expand our offering for our customers."

With more than 26 million in-stock components, AvAir offers solutions for customers and suppliers to buy, sell, exchange, loan, lease, or manage assets and inventories. The company is ISO 9001, AS9120, and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales, and shipping.

For more information about AvAir, visit AvAir.aero.

About AvAir
Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs. AvAir has been named Parts Supplier of the Year for 2021, 2022, and 2023 by Airline Economics, the leading industry trade publication. It has also been recognized for its work in sustainability by The Aviation 100, AvAir received the Environmental Sustainability award. For more about AvAir, visit AvAir.aero.

About TAP Portugal Group
TAP Air Portugal is the flag carrier of Portugal, headquartered at Lisbon Airport which also serves as its hub. TAP ? Transportes Aéreos Portugueses ? has been a member of the Star Alliance since 2005 and operates on average 2,500 flights a week to 90 destinations in 34 countries worldwide.

Contact: Claire Natale
[email protected]
202.294.5999

SOURCE AvAir


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