$350m turnaround at Aero Inventory takes off

Paul Herbert was appointed Chief Restructuring Officer of Aero Inventory UK in November 2010 after a period of administration.

After six months of operational redesign, stock cleansing and rebranding, the aftermarket supplier of aircraft parts Aero Inventory has returned to trading in the aviation market place. The new brand – aeroinv.com – is now listed on the aerospace Inventory Locator Service (ILS), with extensive breadth of stock spans most major aircraft brands and models, valued at up to up to $350m. Through selling the new surplus condition stock on the largest business-to-business electronic marketplace, aeroinv.com’s parts are available to 60,000 airline, MRO and supply chain specialist customers on a daily basis.

In September 2011 the aircraft parts supplier will be launching its web store www.aeroinv.com offering “buy it now” functionality, transparent pricing and trace documentation online. The soon to be available web store will offer ‘buy it now’ functionality, transparent pricing and trace documentation online. Customers will be able to fast track the RFQ (Request for Quotation) process and therefore benefit from a time-efficient and simplified purchasing process. Prior to the launch of the web store, the company’s 24/7 UK based customer service team will be supporting orders. This complements an experienced international field sales team located throughout the globe.

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