Aerocycle and Initial Aviation form a strategic partnership

Aerocycle and Initial Aviation form a strategic partnership

The companies are joining forces to better serve the aerospace industry in the area of supply and sale of aftermarket parts and components.

MONTRÉAL, QC, July 14, 2020 – Aerocycle Inc. and Initial Aviation today announced the conclusion of an agreement under which Initial Aviation will be responsible for the worldwide distribution of spare parts obtained as part of Aerocycle’s aircraft dismantling activities.

Through this partnership, aviation customers around the world will benefit not only from a diversified supply of spare parts, but also from improved delivery times.

“We’re pleased to partner with Initial Aviation,” said Aerocycle President and CEO Ron Haber. “As a certified disassembly and demolition company, we can now count on the expertise and distribution network of our new partner for consignment sales of aircraft parts.”

“This new partnership with Aerocycle allows us to significantly increase our stock of certified parts and components, and to offer our customers more choice and diversity,” said Hugo Beaudry, President of Initial Aviation. By partnering with a local supplier like Aerocycle, we are able to give our customers around the world access to a large inventory of quality parts, as well as to provide faster and more proactive sales and shipping services from our brand new premises in Mirabel.”

About Aerocycle
Based in Montréal, Canada, Aerocycle was created in 2013 following a pilot project for aircraft disassembly conducted at the Montréal-Mirabel International Airport in collaboration with Montréal-based air carrier Air Transat. Aerocycle provides end-of-life aircraft disassembly, part-out, teardown and recycling services. As an AFRA-accredited dismantler, the company adheres to strict Best Management Practices (BMP) to ensure exemplary management of end-of-life aircraft in terms of environmental and sustainable performance. As an ASA-100 accredited parts supplier, Aerocycle can store, send for overhaul or scrap aircraft parts under a strictly controlled process. Learn more at aerocycle.com.

About Initial Aviation
Established in 2003, Initial Aviation is a division of Initial Electronics Inc. Its headquarters in Mirabel, Québec, Canada is a hub for all things aviation. The company provides cost-effective marketing, sourcing and sales services for aftermarket airplane and helicopter parts and components. In addition to being a premium supplier of aviation parts for a wide range of aircraft, Initial Aviation helps carriers and manufacturers dispose of surplus parts through customized consignment programs. The company holds a Transport Canada Certificate of Approval for the distribution and certification of previously certified aeronautical products. Initial Aviation maintains long-term partnerships with major airlines, original equipment manufacturers (OEM), repair, overhaul and maintenance companies (MRO) and carriers, as well as private and public operators. Learn more at initialaviation.com

For more information, please contact:

Ron Haber
President and CEO
Aerocycle
rhaber@aerocycle.com
514 213-4000

Hugo Beaudry
President
Initial Aviation
hugo@initialaviation.com
514 497-3139