AIRLINE SERVICES COMPONENTS SIGNS APU CONSIGNMENT CONTRACT WITH ATC AEROSPACE.

Thursday 12th December 2013

ATC Aerospace and Airline Services Components Ltd (ASC) are pleased to announce a partnership designed to meet and support customers' APU lease requirements.  ATC Aerospace will consign a variety of Auxiliary Power Units to the UK parts specialist. This agreement will allow both parties to widen their customer base and develop closer ties for future collaboration. ASC will take a variety of Hamilton Sundstrand and Pratt & Whitney APU's on consignment at their main warehouse at London-Gatwick, to cover the A320, B747, B737, Bombardier Dash 8 and Embraer aircraft platforms. ASC will also look to extend ATC Aerospace's accessible market and distribute throughout ASC's extensive customer base.

US-based supply chain specialist ATC Aerospace provides customised supply chain management to OEMs, system integrators, and prime contractors from its headquarters in Pompano, Florida.  ATC offers a multitude of services including asset management, inventory optimisation, warehousing, asset leasing, and purchasing and vendor management. ATC Aerospace is an approved distributor of new APU's and main engine parts and its asset leasing business offers specialized lease programs to meet the requirements of its diversified customer base.

Rob Bruinsma, President at ATC Aerospace, commented: "We see this partnership as a strategic step closer to our customer base.  At ATC Aerospace we continuously look for improvements of service level. Positioning our key assets within this market region will greatly enhance the accessibility to our customers. We see great value in utilising ASC's network and logistical strength that will provide a platform for growth for both partners."

ASC Director Nick Filce explains: "ASC is delighted to complete this APU consignment agreement with ATC Aerospace. Our years of experience and strong global presence  makes ASC a perfect consignment partner for major stockists and manufacturers who are looking for a route to market. Together with our existing APU stock, ASC are well positioned to expand our current customer base whilst maintaining the support of our growing portfolio of aircraft under contract. I am sure this will spark the beginning of a valuable relationship with ATC Aerospace and I look forward to future partnership opportunities."

ASC specialises in the supply and management of rotable components to the commercial aviation market, along with complete wheels and brakes support services. This contract is a crucial part of ASC's strategic expansion plans following significant investment from private equity firm Lloyds Development Capital (LDC). ASC's growing international presence is underpinned by its dedication to high quality service delivery and operational flexibility valued by its customers.

About ATC Aerospace

Since its inception in 1996, Argo Turboserve Corporation (ATC) has become a diversified, ISO certified privately owned corporation offering supply chain management, distribution, and engineering services to many industries.

Today, ATC has achieved its vision to become an innovative company that utilizes information technology to provide world class customized supply chain management services for aftermarket spare parts. Through its three global businesses, ATC serves the industrial, utility, aerospace, power generation and energy services industries, as well as the Marine and Government/Defense markets.

www.argoturbo.com

About Airline Services Components Limited.

Airline Services Components Limited (ASC) is part of the Airline Services Group, which has been trading for more than 25 years. The organisation has five main divisions:

Rotable Component Support - through Airline Services Components (ASC), based at London Gatwick Airport, specialising in the supply and management of rotable components including Wheels and Brakes on the basis of exchange, loan, lease or sale agreements, as well as repair management and PBH /CPAL agreements.

Aircraft Interior Engineering and Workshops - EASA Part 145 repair and overhaul of seats, avionics, galley and IFE equipment, as well as EASA Part 21 J and G Design and Manufacture approvals. This department now also incorporates our new dedicated aircraft component repair facility at Stansted with an extensive capability covering a range of avionic, hydraulic, pneumatic, structures, safety equipment, generator and electrical accessory components.

IFE Products and Services - HD-ready, LCD screens, digital servers, management of IFE retro-fit programs, and on-wing IFE support.

Aviation Textiles - design, development, manufacture, supply and fit of seat covers, curtains, and related accessories.

Ramp Operations - de-icing, interior and exterior cleaning, carpet fitting, presentation and laundry at eleven UK airports.