Spirit AeroSystems Aftermarket Customer Support Signs Spare Parts Agreement with Pacific American Corporation

Aug 03, 2012, 07:30 ET from Spirit AeroSystems, Inc.

WICHITA, Kan., Aug. 3, 2012 /PRNewswire/ -- Spirit AeroSystems, Inc. [NYSE: SPR] and ­Pacific American Corporation announced the signing of a supply agreement whereby Spirit Aftermarket Customer Support (ACS) will provide thrust reverser, fuselage, and wing component spare parts for the Hainan Airlines Company Limited (HNA) fleet of Boeing aircraft. This multi-year contract will enable PAC to obtain predictable and competitive pricing for all parts in the Spirit Catalog while ensuring availability for key parts and components.

"Spirit AeroSystems is proud to be a supplier to Pacific American Corporation, the authorized agent of HNA," said Mike Williams, VP/GM of Spirit Aftermarket Customer Support. "Our product and service mix and commitment to the China and Asia Pacific aviation markets position us well to satisfy the needs of the largest privately owned air transport company in the People's Republic of China."

Hainan Airlines Company Limited (HNA) currently operates six Boeing 737-300, six Boeing 737-400, 87 Boeing 737-800 and three Boeing 767-300ER airplanes. HNA also operates Airbus A319, A320, A330 and A340 aircraft.

On the web: www.spiritaero.com/aftermarket

About Spirit AeroSystems, Inc.

Spirit AeroSystems, with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.

About Pacific American Corporation

Pacific American Corporation (PAC), headquartered in New York, NY, is the purchasing arm for Hainan Airlines Company Limited (HNA). PAC's purchasing department is responsible for parts on Airbus A319, Boeing 737/767, Donier 328Jet, Business Jet (Hawker/GulfStream/Falcon).

HNA is an airline headquartered in the HNA Development Building in Haikou, Hainan, People's Republic of China. It is the largest privately-owned air transport company and the fourth-largest airline in terms of fleet size in the People's Republic of China. It operates scheduled domestic and international services on 500 routes from Hainan and nine locations on the mainland, as well as charter services. Its main base is Haikou Meilan International Airport, with hubs at Beijing Capital International Airport, Xi'an Xianyang International Airport, Taiyuan Wusu Airport and Urumqi Diwopu International Airport.

SOURCE Spirit AeroSystems, Inc.