A J Walter Aviation has signed a three-year consignment agreement with Arizona-based StandardAero. StandardAero benefits from AJW’s inventory of engine material and AJW benefits from StandardAero’s repair capabilities as well as its inventory.

Rick Stine, StandardAero’s senior vice president for components, told AIN AJW focuses on the CFM56, CF6, V2500 and PW4000 whereas StandardAero’s broader offering includes those engines as well as the CF34, LM6000, LM2500 and PW2000.“We also cover all military variants of these same engines types,” he said.

Under the terms of the agreement, AJW will continue to purchase and tear down engines and send the parts to StandardAero, where they will be restored to serviceable limits. “We then hold the product here until either StandardAero or AJW needs the parts, at which time they will be moved to the appropriate location. This allows both of our customer bases to realize the advantages of having the parts in stock and ready to ship when they need them,” he said.