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Aviall Signs Exclusive Wheel and Brake Repair, Overhaul Services Contract with Flight Options

Posted on: Friday, 20 February 2009, 08:15 CST

DALLAS, Feb. 20 /PRNewswire/ -- Aviall Services, Inc., a unit of Aviall, Inc., a wholly-owned subsidiary of The Boeing Company, announced today that its Product Repair Services division has entered into a long-term agreement with Flight Options, LLC., a leading provider of safe and reliable private jet travel services, to be the exclusive provider of wheel and brake overhaul and repair services, and manage their wheel and brake supply chain requirements.

Aviall will support the Cleveland, Ohio based Flight Options fleet utilizing their network of wheel and brake repair stations. Aviall's repair stations in Chicago, Illinois; Crown Point (SISU Services), Indiana; Parsippany, New Jersey; Fort Lauderdale, Florida; Atlanta, Georgia; Dallas, Texas; and Van Nuys, California are strategically located to support corporate fleets when they are in their primary domicile and when they are supporting their customers away from home. Aviall maintains a vast inventory of the OEM wheel and brake components required to support customer property overhauls and necessary repairs, an existing pool of overhauled exchange brakes and will invest in an additional spares package in support of the Flight Options fleet.

"Our common goals for exemplary customer service, the use of technology based maintenance solutions and a high quality maintenance program make this an exciting partnership," said Dan Komnenovich, President and COO of Aviall Services. "We know that Flight Options' commitment to their customers' satisfaction is their primary mission, and I am confident that the solution that Aviall provides incorporates the flexibility needed to successfully support them as their customers' flight requirements grow."

Flight Options marked its 10th Anniversary in 2008 and offers the complete spectrum of programs including fractional ownership, leasing, aircraft management and JetPASS Memberships. Flight Options fleet of over 100 aircraft consists of the Hawker 400XP, Hawker 800XP, Citation X and Embraer Legacy. Arriving in late 2009, Flight Options will take delivery of the new Phenom 300.

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements (as such term is defined in the Private Securities Litigation Act of 1995). Actual results may differ materially from those expected in the forward-looking statements. These forward-looking statements involve risks and uncertainties, including competitive factors and pricing and supply pressures, shifts in market demand, general economic conditions and other factors including, among others, those that affect flight activity in commercial, business and general aviation, the business activities of the Company's customers and suppliers and developments in information and communications technology.

ABOUT AVIALL

Aviall, Inc. operates as a wholly owned subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes, which is a unit of The Boeing Company. Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace, defense and marine industries.

Aviall is headquartered in Dallas, Texas. As one of the world's largest providers of new aviation parts and related aftermarket operations, Aviall markets and distributes products for more than 230 manufacturers and offers more than 1,000,000 catalog items from 39 customer service centers located in North America, Europe, and Asia-Pacific. Aviall provides maintenance for aviation batteries and wheels and brakes, as well as hose assembly, kitting and paint-mixing services. The company also offers a complete set of supply chain and logistics services, including order processing, stocking and fulfillment, automated inventory management and reverse logistics to OEMs and customers.

SOURCE Aviall Services, Inc.

Source: PR Newswire

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