ITS Builds Boeing 737NG Aftermarket Offerings
Aftermarket supply chain specialist ITS is building up its aftermarket offerings for Boeing 737NG aircraft as it acquires more teardown stock. It has just signed a strategic cooperation agreement with Landing Gear Technologies (LGT) to support the 737NG market with 737-700 and -800 landing gear solutions.
The cooperation will leverage ITS’s strategic retirement solutions and LGT’s landing gear maintenance capabilities. Under the cooperation, the companies will provide solutions for landing gear maintenance, leasing, flat-rate exchanges and outright landing gear sales.
LGT is an independent FAA-certified Part 145 repair station based in Hialeah, Florida. The company says its 128,000 ft.2 facility is one of the largest landing gear facilities in the world, giving it the capability to perform 98% of landing gear repairs and overhauls in-house.
Over the last year ITS has been busy acquiring and dismantling 737NG aircraft. In January it added four more 737NGs to its Fleet Retirement Consignment program. The aircraft are being dismantled by Ascent Aviation in Marana, Arizona and eCube Solutions in the UK.
ITS has also been expanding its partnerships in the Americas. In March it signed a cooperation agreement with Magnetic Group subsidiary Magnetic Trading, which recently established its first U.S. hub in Miami. According to Darius Orvidas, senior key account manager at ITS, the cooperation will enable the companies to share resources to improve service offerings.