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NEXT LEVEL AVIATION® and PRATT & WHITNEY EXTEND USM CONSIGNMENT AGREEMENT

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Next Level Aviation® (NLA) has extended its used serviceable material (USM) consignment agreement with Pratt & Whitney Commercial Serviceable Assets (CSA) for an additional three years. The partnership combines Pratt & Whitney's technical expertise with NLA's sales and delivery capabilities to provide cost-effective solutions to airlines, leasing companies, and MRO shops globally. Under the agreement, Pratt & Whitney CSA will consign USM to NLA to meet customer requirements, while NLA will support both companies' global customer base for used serviceable engine accessory needs.

Next Level Aviation® (NLA) ha esteso il suo contratto di consignment per materiale usato e servibile (USM) con Pratt & Whitney Commercial Serviceable Assets (CSA) per ulteriori tre anni. Questa partnership combina l'expertise tecnica di Pratt & Whitney con le capacità di vendita e di consegna di NLA per fornire soluzioni economiche alle compagnie aeree, alle società di leasing e ai centri di manutenzione in tutto il mondo. Ai sensi dell'accordo, Pratt & Whitney CSA consegnerà USM a NLA per soddisfare le esigenze dei clienti, mentre NLA supporterà entrambe le aziende nella gestione della clientela globale per le necessità di accessori usati e servibili per motori.

Next Level Aviation® (NLA) ha ampliado su acuerdo de consignación de material usado y servicio (USM) con Pratt & Whitney Commercial Serviceable Assets (CSA) por tres años adicionales. Esta colaboración combina la experiencia técnica de Pratt & Whitney con las capacidades de venta y entrega de NLA para ofrecer soluciones rentables a aerolíneas, empresas de leasing y talleres de mantenimiento en todo el mundo. Según el acuerdo, Pratt & Whitney CSA consignará USM a NLA para satisfacer las necesidades de los clientes, mientras que NLA apoyará la base de clientes global de ambas compañías para las necesidades de accesorios de motores usados y en servicio.

Next Level Aviation® (NLA)Pratt & Whitney Commercial Serviceable Assets (CSA)와 사용 가능한 중고 자재(USM) 위탁 계약을 추가로 3년 연장했습니다. 이 파트너십은 Pratt & Whitney의 기술 전문성과 NLA의 판매 및 배송 능력을 결합하여 전 세계 항공사, 임대 회사 및 MRO 샵에 비용 효율적인 솔루션을 제공합니다. 이 계약에 따라 Pratt & Whitney CSA는 고객 요구를 충족하기 위해 NLA에 USM을 위탁하고, NLA는 중고 및 서비스 가능한 엔진 액세서리에 대한 두 회사의 글로벌 고객 기반을 지원합니다.

Next Level Aviation® (NLA) a prolongé son accord de consignation de matériel usagé et réutilisable (USM) avec Pratt & Whitney Commercial Serviceable Assets (CSA) pour trois années supplémentaires. Ce partenariat associe l’expertise technique de Pratt & Whitney aux capacités de vente et de livraison de NLA pour proposer des solutions rentables aux compagnies aériennes, aux sociétés de location et aux ateliers de maintenance dans le monde entier. Selon l'accord, Pratt & Whitney CSA consignera l'USM à NLA pour répondre aux besoins des clients, tandis que NLA soutiendra la clientèle mondiale des deux entreprises pour les besoins en accessoires de moteurs usagés et réutilisables.

Next Level Aviation® (NLA) hat seine Vereinbarung über die Konsignation von gebrauchtem, servicetauglichem Material (USM) mit Pratt & Whitney Commercial Serviceable Assets (CSA) um weitere drei Jahre verlängert. Diese Partnerschaft kombiniert die technische Expertise von Pratt & Whitney mit den Verkaufs- und Lieferfähigkeiten von NLA, um kostengünstige Lösungen für Fluggesellschaften, Leasingunternehmen und MRO-Werkstätten weltweit zu bieten. Im Rahmen der Vereinbarung wird Pratt & Whitney CSA USM an NLA consignieren, um die Kundenanforderungen zu erfüllen, während NLA die globale Kundenbasis beider Unternehmen bei den Bedarf an gebrauchbaren, servicefähigen Motorzubehör unterstützt.

Positive
  • Extension of strategic partnership with Pratt & Whitney (RTX) for three more years
  • Strengthens NLA's position as global USM distributor for Boeing and Airbus platforms
  • Provides access to Pratt & Whitney's technical resources and expertise
Negative
  • None.

Insights

The extended consignment agreement between Next Level Aviation and Pratt & Whitney CSA represents a strategic continuation of their aftermarket partnership. This collaboration streamlines the distribution of used serviceable materials (USM) for aircraft engines, primarily benefiting Boeing and Airbus platforms. The three-year extension maintains a important supply chain link for RTX's aftermarket business segment.

The partnership's value proposition lies in combining Pratt & Whitney's technical expertise with NLA's distribution capabilities, offering cost-effective solutions to airlines, MROs and leasing companies. This arrangement is particularly significant given the current aviation industry's focus on cost optimization and efficient inventory management. The continuation of this relationship suggests stable aftermarket revenue streams for RTX through its Pratt & Whitney division.

Next Level Aviation® to continue to support Pratt & Whitney CSA through consignment of used serviceable engine accessories for an additional three years

DANIA BEACH, Fla., Oct. 29, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM), has extended an agreement with Pratt & Whitney Commercial Serviceable Assets (CSA), regarding the sale of used serviceable material (USM) for aircraft engines for an additional three years. This further enhances Next Level Aviation's leadership position as a global distributor of USM, primarily supporting Boeing and Airbus aircraft platforms and associated jet engines. Pratt & Whitney is an RTX (NYSE: RTX) business.

This agreement pairs the resources and technical expertise of Pratt & Whitney CSA with the sales, marketing and delivery expertise of Next Level Aviation®. This powerful combination provides a global customer base of airlines, leasing companies and maintenance, repair and overhaul (MRO) shops with significant value through cost savings and just in time delivery.

The agreement provides for the following:

  • Pratt & Whitney CSA will consign used serviceable material to NLA to meet customer requirements.
  • Next Level Aviation® will support and supply both companies' global customer base for their used serviceable engine accessory requirements.

Next Level Chairman & CEO Jack Gordon stated, "We are ecstatic that Pratt & Whitney CSA has agreed to extend our USM agreement an additional three years. This consignment extension validates Next Level Aviation's USM expertise in the aftermarket, and its place as a trusted link in critical OEM supply chains. We would like to thank the Pratt & Whitney CSA team again for trusting Next Level Aviation® with its USM inventory and global customer base."

Mike Dreyer, Next Level Aviation's Executive Vice President of Sales & Procurement, further commented, "With the extension of our agreement with Pratt & Whitney CSA, Next Level Aviation will continue to be the global leader in all LRU and QEC material. Thank you again to Pratt & Whitney CSA, they have been tremendous collaborators and will continue be so far into the future."

ABOUT NEXT LEVEL AVIATION®
Next Level Aviation® is an ASA-100 accredited and FAA Advisory Circular 00-56B compliant supplier stocking commercial aircraft/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation® specifically focuses on stocking USM for the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in March 2013 by Jack Gordon, Mike Dreyer, and Matt Dreyer, Next Level Aviation® has grown into a top global supplier of commercial aircraft/jet engine used serviceable material. www.nextlevelaviation.net

To find out more information or to request additional images, please contact Jack Gordon at 305-439-1944 or jack@nextlevelaviation.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/next-level-aviation-and-pratt--whitney-extend-usm-consignment-agreement-302287246.html

SOURCE Next Level Aviation

FAQ

What is the duration of Next Level Aviation's extended agreement with Pratt & Whitney (RTX)?

Next Level Aviation has extended its USM consignment agreement with Pratt & Whitney for an additional three years.

What services will Next Level Aviation provide under the extended Pratt & Whitney (RTX) agreement?

Next Level Aviation will support and supply both companies' global customer base with used serviceable engine accessory requirements through the consignment of USM from Pratt & Whitney CSA.

Who are the target customers for the Next Level Aviation and Pratt & Whitney (RTX) partnership?

The partnership serves airlines, leasing companies, and maintenance, repair and overhaul (MRO) shops globally.

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