STOCK TITAN

Goodyear Adds Aviation Distributor KADEX Aero Supply

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Goodyear Tire & Rubber Company (NASDAQ: GT) has appointed KADEX Aero Supply as its new aviation distributor in Canada. This partnership aims to enhance Goodyear's market presence, leveraging KADEX's extensive distribution network since 1994. KADEX services a range of aviation operations, from general aviation to airlines, ensuring that Goodyear's aviation tires are readily accessible. With over 100 years in the aviation sector, Goodyear continues to be a leading supplier of aviation tires globally, recognized for their quality and performance.

Positive
  • Partnership with KADEX expands Goodyear's distribution in Canada.
  • KADEX's 26 years of experience in aviation parts distribution enhances Goodyear's market entry.
  • Goodyear is a recognized leader in aviation tire supply with over 100 years in the industry.
Negative
  • None.

AKRON, Ohio, Oct. 28, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced KADEX Aero Supply as an aviation distributor.

KADEX is a Canadian family-owned and -operated business that has been distributing parts since 1994 from more than 50 manufacturers to operators ranging from general aviation to airlines. This partnership will allow Goodyear to expand its reach in Canada. "We are pleased to appoint KADEX as our newest distributor. We are looking forward to growing with them in Canada," said David Barnette, General Manager, Global and Americas Aviation.

"KADEX is proud to be a Goodyear distributor. We are very excited to support the Canadian market with tires that will be readily available on the shelf at our locations," says Jordan Lavery, Director of Business Development at KADEX Aero Supply.

With more than 100 years of aviation industry experience, Goodyear is a leading supplier of aviation tires for commercial, military and general aviation aircraft worldwide. A powerful force in all aviation segments, Goodyear Aviation offers proven technology, quality and performance, approved and selected by original equipment manufacturers.

For more information on Goodyear Aviation, visit www.goodyearaviation.com.

About The Goodyear Tire & Rubber Company
Goodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

About KADEX:
KADEX Aero Supply is a family-owned aircraft parts and service distributor with locations in Peterborough and Calgary. KADEX distributes products from over 50 different manufacturers along with repair and overhaul services. Services include premier legacy Beechcraft support, landing gear repair and overhaul, maintenance/technical support and 24/7 AOG service. KADEX has been serving worldwide operators and maintenance organizations with industry leading solutions since 1994. For more information visit www.kadexaero.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/goodyear-adds-aviation-distributor-kadex-aero-supply-301161807.html

SOURCE The Goodyear Tire & Rubber Company

FAQ

What is the significance of Goodyear's partnership with KADEX Aero Supply?

The partnership allows Goodyear to expand its distribution network for aviation tires in Canada.

When was KADEX Aero Supply appointed as an aviation distributor by Goodyear?

KADEX Aero Supply was appointed on October 28, 2020.

What is the main product focus of Goodyear in this partnership?

The focus is on distributing aviation tires for various aviation sectors including general aviation and airlines.

What experience does KADEX bring to the partnership with Goodyear?

KADEX has over 26 years of experience in distributing parts for the aviation industry.

How does Goodyear rank in the aviation tire industry?

Goodyear is considered a leading supplier of aviation tires, recognized for its quality and performance.

Goodyear Tire & Rubber

NASDAQ:GT

GT Rankings

GT Latest News

GT Stock Data

2.45B
262.80M
7.68%
86.94%
7.92%
Auto Parts
Tires & Inner Tubes
Link
United States of America
AKRON