10th January 2020, New Delhi, India: STAT Times, the organiser of 3rd Aerospace & Defence MRO South Asia Summit 2020 is proud to announce Aerospace Asset as the Lanyard partners for the summit..

Aerospace Asset Trading (AAT) is one of the Fastest Growing Full-Service Airline Parts and Engine Material Sales Companies in the World. Operational since 2013, and going strong with a tag line of ‘FLY RIGHT NOW’, they have emerged as one of the leading commercial aircraft and engine parts suppliers to airlines worldwide. In just three years of service, AAT rose to number 205 in the Inc. Magazine’s Fastest Growing Companies in America and they’ve never looked back.

Speaking about the extraordinary work of Aerospace Asset team, their SVP, Business Development Asia‑Pacific, Ambalik Agarwal said,” Our experienced asset acquisition team constantly analyses current market trends and is continuously acquiring new assets to support our customers’ requirements. We strive to provide a vast inventory selection ready for immediate worldwide shipment,”.

AAT has offices warehouse facilities in North America – Europe and offices in Asia. AAT’s aggressive acquisition platform of whole assets and inventory has enabled their rise into being a worldwide leader in parts support services to Airlines, MRO’s and peer parts providers. Their aim is to continuously expand the product offerings to customer base and provide value-added solutions to the Airline and MRO community.

AAT has partnered with MRO South Asia Summit 2020 as Lanyard partners.

The 3rd Aerospace and Defence MRO South Asia Summit aims to bring together all the aerospace majors across the globe under one roof to discuss and debate the rising trends in the MRO industry in South Asia as a whole and India in particular.

Speaking about the MRO markets in the coming decade, Mr Agarwal added, ”with increased consolidation in the MRO community and efficiencies reached to allow older aircraft to continue flying, especially in developing regions, the continued growth of Commercial Aircraft and Engine MRO’s looks strong for the foreseeable future.”.

Mr. Priyo Patra, Director, STAT Times said,” The MRO market in India looks positive in the coming decade and I am sure with newer government initiatives to support local OEM’s and MRO’s things certainly look bright,”.

Riding high on the successful promotion of UDAN scheme by the Indian ministry of Civil Aviation, the predicted spike in passenger traffic in 2020 and the high demand of new aircraft, the MRO South Asia summit will kick-off on the 6th February 2020 at the Taj Mahal Hotel, New Delhi, India..

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