Boeing, JAL Sign Aircraft Parts Management Deal
Posted on: Thursday, 16 March 2006, 18:00 CST
Chicago, March 15 (Jiji Press)--Boeing Co. and Japan Airlines said Wednesday that they have signed an aircraft parts management contract aimed at reducing JAL's operating costs.
Under the contract, the U.S. aircraft maker will be responsible for procurement, inventory management and logistics for a majority of spare aircraft parts for JAL.
In 2001, Boeing and JAL agreed on the management of a limited scope of aircraft parts for JAL. The just-reached accord will expand the partnership significantly, the two firms said.
As part of the accord, Boeing and other suppliers will store aircraft parts at locations near the airline' operations until they become necessary.
JAL will have only to pay for parts as it needs them and thus can greatly reduce its inventory costs and improve its return on assets.END
Source: Jiji Press English News Service
Related Articles
- Defendant Pleads Guilty to Conspiring to Export Military Aircraft Parts to Iran
- Telmar Network Technology to Serve as Multi-vendor Spare Parts Management Partner of Telefonica O2 Germany
- Defendant Pleads Guilty to Conspiring to Export Military Aircraft Parts to Iran
- Axway's Synchrony for Aviation Protects Against Counterfeit Aircraft Parts
- Blue Coat Selects Servigistics for Service Parts Management
- Servigistics Makes Manufacturing Business Technology Magazine's ''40 Emerging Software Vendors'' List; Servigistics is the Only Service Parts Management Solution Provider to Make the List
- TOSHIBA TEC CORPORATION Document Processing & Telecommunication System Company Selects Servigistics for Service Parts Management
- Avaya Increases Client Satisfaction With Implementation of Servigistics Global Service Parts Management Solution
- Sun Establishes Benchmark Performance Running i2 Service and Parts Management on SPARC/Solaris Systems
 |
 |
User Comments (0)
RSS Feeds