Parker Aerospace and Air France Industries KLM Engineering & Maintenance Announce Long-Term Agreement for Boeing 787 Component Support and Service

Agreement covers majority of components for the Parker Aerospace-designed 787 hydraulic system

Parker Aerospace, a business group of Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced an agreement with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) for long-term collaboration on Boeing 787 component maintenance, repair, and overhaul (MRO) services. The agreement, signed and announced at the 2019 Paris Air Show, covers the majority of repairable and test-only components for the Parker-designed 787 hydraulic system.

The agreement between AFI KLM E&M and Parker Aerospace will encompass the joint development of repair procedures to increase component and system reliability and reduce related maintenance costs for airline customers worldwide. Operators benefit from shared best practices and collaborative approaches to continuous improvement in repair performance. The collaboration focuses on repair development and work-scoping to help optimize on-wing time and reduce delays, cancellations, and overall cost.

Parker Aerospace is an original equipment manufacturer (OEM) and a global leader in developing and integrating components across many aerospace technologies. Air France Industries KLM Engineering & Maintenance is a world leader in MRO with extensive knowledge of airline operations. By combining efforts with a new way of doing business, customers benefit from OEM data combined with powerful MRO insight and repair capabilities. The agreement does not preclude other agreements between Parker Aerospace and its customers.

“Parker Aerospace is continually focused on developing a strong global network while providing local solutions for MRO and part availability,” said Vic Jorcyk, vice president of commercial aftermarket business for Parker Aerospace Customer Support Operations. “By combining efforts with AFKLM, this agreement will help end users realize the best cost savings, operational performance, and value created through the collaboration.”

“We are happy with this partnership. It demonstrates again that AFI KLM E&M is a reliable and trustful party on the 787 market,” said Anne Brachet, executive vice president Air France KLM Engineering & Maintenance. “We see this as further reinforcing our Boeing 787 support program to the benefit of our customers.”

Source: Parker Aerospace
Date: Jun 21, 2019