August 2020 – The Newsletter of Aventure Aviation

Aventure Acquires Boeing 757-200 Airframe

Aventure Aviation has acquired a Boeing 757-200 airframe (MSN 27971) for teardown, Aventure's second 757 purchase in the last few months. The aircraft is currently stored in Goodyear, Arizona.

Last operated by Air Astana, the 757 is equipped with a half-life serviceable APU, heavy-weight landing gear with over seven years of time remaining before next overhaul, and RB211 nacelles with FAA Airworthiness Directives accomplished and installed by Boeing in 2018. The 757 airframe is considered one of the best conversion candidates on the market.

"The cargo market is booming due to the COVID-19 crisis, and the Boeing 757 is a key component of the world's cargo fleet," said Aventure Vice President, Talha Faruqi. "Nearly all Delta and United 757s have come back into service, so we are seeing strong demand for parts from both airlines and freight carriers."

Challenges in Aircraft Parts Supply:
Aventure Offers Tips for Operators

Leaders at Aventure Aviation recently shared tips on what operators should look for with aircraft supply in today's challenging business climate.

"As the recovery begins, we recommend that the operators streamline their parts supply lines by owning minimum inventory," said Amyr Qureshi, Aventure's Senior Vice President. "Review your current assets and segregate the excess inventory from vital parts."

A consistent recommendation was to contact specialists who sell excess inventories and know how to build partnerships with key suppliers with proven track records. Also, seeking out buyers for retired aircraft and selling them promptly with or without engines. If aircraft are coming out of storage, relationships should be established with companies who can supply parts and component repair management, so that airlines can concentrate on their business of flying passengers safely and comfortably.

"We are ready to form working partnerships with airlines, form alliances with component MRO shops, build new distribution channels for OEMs as well as help investors who wish to relocate their assets from other parts suppliers to a more secure and robust company," added Mr. Qureshi.

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Aventure Ranked Among America's Fastest Growing Asian American Businesses

Aventure Aviation has been named by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) as one of the country's Fast 100 Asian American Businesses for its impressive revenue and growth rate.

This annual award was created to honor the hard-work and dedication of the country's most successful Asian-American owned businesses. Aventure Aviation and the other recipients of the 2020 Fast 100 Asian American Businesses Award have generated an impressive $2.6 billion in annual revenue and created thousands of jobs.

"We are honored to be recognized and thank our customers for their continued support," said Lyly Cao, Aventure's Government Sales Manager. 

Former Aventure Intern Receives Scholarship from Women's Association

Jodie Harmon while an Aventure Aviation intern in 2017.

The Mcintosh Chapter of the American Business Women Association (ABWA) has awarded a scholarship worth $2,000 to former Aventure Aviation intern, Jodie Harmon She is currently a student at Embry-Riddle Aeronautical University studying aviation business administration.

"I am so honored! I can't wait to get back to Embry-Riddle in the fall to continue my education...I miss everyone (at Aventure)," said Ms. Harmon.

"We are very proud and were delighted to have her intern with us," said Chelsea Sneed, Office Manager of Aventure's Atlanta headquarters. "The sky is no longer the limits for Jodie. I see her rising to new heights."

	Description: Hydraulic Motor Tag: July 2020, Aerostar Condition: Serviceable PN: 569672 Contact a sales rep >
	August 2, 1911 – Drama critic Harriet Quimby becomes the first woman in the United States licensed as a qualified pilot.
	”No one wants to be remembered for how much money they made. We want to be remembered by the impact we had in the lives of others.” — Simon Sinek, Optimist and Author
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