Gulfstream Signs Parts Deal with Air Works India Engineering

Gulfstream Aerospace signed an exclusive spare parts consignment agreement with aviation services provider Air Works India Engineering, the Savannah, Ga.-based business jet manufacturer announced yesterday. Under the agreement, Gulfstream can position frequently needed aircraft replacement parts at Air Works’ warehouse on the outskirts of India’s Bengaluru International Airport, while Air Works arranges for parts warehousing, customs clearance and delivery to customers. Gulfstream began stocking parts at Air Works’ warehouse last month, and it expects to have $15 million worth there by year-end.