Boeing and GAMECO Sign First Integrated Materials Management Agreement in China
Boeing has signed a comprehensive five-year Integrated Materials Management (IMM) program contract with Guangzhou Aircraft Maintenance (GAMECO), the first time Boeing will provide the service solution in China.
On Monday (July 18, 2022), Boeing announced the signing of a comprehensive 5-year Integrated Materials Management (IMM) program contract with Guangzhou Aircraft Maintenance Engineering Co. Ltd (GAMECO), the first time Boeing will provide the solution to an MRO in China. Under the contract, Boeing will provide demand planning, onsite personnel and logistics services in support of GAMECO’s operations, with the goal of optimizing materials purchase and inventory costs, while improving production service levels. The new agreement marks an expansion of the commercial partnership between the two companies, who have previously collaborated on passenger-to-freight conversions including the 737-800BCF and 767-300BCF, as well 777 and 737 landing gear overhaul.
In Monday’s announcement, GAMECO’s General Manager, Norbert Marx, said,
“This program will secure the availability of parts and material in a timely and cost-efficient way while reducing our inventory holding costs. GAMECO is excited to enter into this smart program with Boeing to the benefit of better support to China Southern Airlines and our broad domestic and international airline customer base.”
Also commenting on the expanded commercial cooperation, Boeing Global Sales’ Vice President – Commercial Spares and Managed Parts, Mini Desai, added,
“We continue to leverage our BGS capabilities and strengths to build packaged offerings that address the value propositions most important to our customers. China is a strategic and important market for BGS. This partnership will enable us to better serve our customer base in China and provide solutions as market demands increase in the future.”
GAMECO was founded in 1989 at Guangzhou Baiyun International Airport and is a joint venture MRO between China Southern Airlines Co. Limited and Hong Kong-based Hutchison Whampoa (China) Limited. The company offers line maintenance, base maintenance, component repair and overhaul, aircraft engineering and training and technical service of ground support equipment. GAMECO also provides passenger-to-freight conversions for Boeing 737-800BCFs and 767-300BCFs.
Boeing (NYSE: BA) is the world’s largest aerospace company and leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 160,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality and integrity.