Airbus and A.E. Petsche Company sign multi-year contract for the supply of electrical components

Airbus, [A Division of EADS] and A.E. Petsche Company announced today the signing of an agreement for A.E. Petsche Company to supply a wide range of electrical components and accessories to support the production of a variety of Airbus types.

As a well known provider of Just-In-Time services to the aviation industry, A.E. Petsche Company will provide Just-In-Time delivery services to Airbus and their electrical sub-contractors worldwide.  In order to provide the highest levels of service and meet Airbus' demanding requirements, A.E. Petsche Company will be providing electronic links between its systems and those of Airbus to assure timely response to fluctuating needs.  A.E. Petsche Company will inventory products to support this agreement in its US and European warehouse locations.

"A.E. Petsche Company is extremely proud of its selection as a supplier of these products to Airbus and views this award as an indicator of the confidence that Airbus has in A.E. Petsche Company and its Just-In-Time services.  The service package provided to Airbus under this agreement will contribute to Airbus' cost reduction goals and improved efficiencies from its supply base", says Eric Van Ooijen, European Sales Manager for A.E. Petsche Company.

In order to support this new agreement with Airbus, as well as other major European aviation OEM's, A.E. Petsche Company will be inaugurating an additional European distribution facility in Turnhout, Belgium third quarter 2009.