HIZEAERO has renewed a long-term aircraft spare parts supply contract with Boeing.
HIZEAERO will supply aircraft structure spare parts for Boeing’s commercial aircrafts from May 2018 till the end of 2023. The previous contract was from 2011 to this year.
It is hard to value the contract size as we cannot forecast how much emergency repair and maintenance parts demand occurs or when, but is good news for HIZEAERO as it secured a stable long-term revenue sources together with the firm recognition from Boeing as a long-term supplier