FACC, an Austrian specialist in high-tech lightweight components and systems for aerospace, has entered into a parts distribution agreement with Proponent, with a view to driving sales in its Aftermarket Services business segment to 100 million Euros by fiscal year 2022/23. The sales boost is planned to be achieved through offering new products and maintenance, repair and overhaul (MRO) services.
As part of the strategic cooperation, Proponent will assist FACC in marketing and selling its MRO services and product innovations for aircraft upgrades and modifications from February 2019. A number of joint projects such as the commercialization of FACC’s Passenger Luggage Space Upgrade, an EASA approved design that increases luggage stowage space, are already underway. FACC believes that Proponent’s broad market presence will help the company expand its existing customer base in the MRO segment.
Proponent has 11 facilities in eight countries, making it one of the world’s largest wholesalers of aircraft spare parts and related services, with a a strong international presence in Europe, America and Asia, with its customer base including all major aerospace companies – from manufacturers and MRO companies to airlines.
Proponent and FACC will also be offering their services in the ‘heavy repairs’ segment, focusing on structural component repairs. While Proponent will provide replacement parts for the duration of the structural repair, FACC will contribute its composite expertise to the repair service.