New Worldwide Distribution Agreement Announced by API and B/E Aerospace
Aerospace Products International (API), a wholly owned subsidiary of First Aviation Services, Inc. (PINKSHEETS: FAVSD) announces a new worldwide distribution agreement with B/E Aerospace to distribute the Ice Shield™ product line.
Under the newly signed agreement, API will be one of only six appointed "full-line" distributors to offer the Ice Shield™ (IS) products to aviation customers worldwide. B/E Aerospace offers a range of specialty products including the Ice Shield™ De-icing System which prepares aircrafts for in-flight icing conditions by quickly and safely removing troublesome ice from wings and preventing ice build-up on props and engine outlets. Under the new distribution agreement, API will be the largest distributor of this product line worldwide.
Commercial Aircraft Aftermarket Parts and Logistics Market 2013-2023
"API is pleased to have been selected by B/E Aerospace as one of its major global distributors of the IS Products (SMR) product line," said Dr. Ahmed Metwalli, API's President & Chief Operating Officer. He continues, "This agreement underscores API's commitment to provide our customers with the highest quality products when and where they need them."
Source : Aerospace Products International