AerCap Holdings N.V. (AerCap, NYSE: AER) announced today that its subsidiary AeroTurbine has signed a three year agreement with Airinmar UK Ltd. This relationship will allow AeroTurbine to expand its supply chain management offering to airlines across the world by identifying the highest quality and most cost effective solutions for material repair while bundling it with component leasing and rotable pools strategically located in the Americas, Europe and Asia. The agreement will cover IT systems integration, visibility of the supply chain, vendor performance management, warranty management, reliability, and value engineering. AeroTurbine will maintain final vendor selection responsibility. "AeroTurbine is excited about working with an organization as reputable and experienced as Airinmar. We look forward to their expertise in the material repair arena so we can continue to focus on our close to the customer business model" said Michael King, AeroTurbine President and Chief Executive Officer. Airinmar Ltd, CEO Malcolm Fullbrook said, "Airinmar is delighted to have formalized a new business relationship with such a professional and dynamic company and looks forward to working as an extension to AeroTurbine's Supply Chain Solutions and developing a relationship that reaches a worldwide customer base"

Cathay Pacific, one of Asia's most successful and rapidly growing airlines, has entered into a 5 year agreement with Airinmar for the repair and logistics management of components it sends to outside workshops. Cathay and Airinmar have been working together for many years during which time Airinmar has proven to Cathay the considerable benefits it can deliver. As a result the relationship has developed to the point where the parties feel it should be formalised.

Following a successful trial programme Airinmar has entered into an agreement with Singapore Airlines for the repair and logistics management of a range of components that it sends to outside workshops.

Airinmar has entered into an agreement with Qantas Airways whereby Airinmar will act as Qantas' agent in the repair and logistics management of certain components that it sends to outside workshops. Malcolm Fullbrook, CEO of Airinmar, said "We are proud to have formalised a new business relationship with Qantas. Working closely with such a professional and progressive airline has given us the opportunity to greatly develop and refine our repair management systems and techniques. This has enhanced the benefits we can deliver to an ever growing list of major airline customers across the world"

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