News

NAASCO ANNOUNCES PREFERRED DISTRIBUTION ALLIANCE

WITH GLOBAL AVIATION & MARINE RISK MANAGEMENT LTD.

Press release

November 15, 2021

Shirley, NY, November 15, 2021– NAASCO, the developers of the ETR-20™ and ETR-25™ Mercury Mod™ starter generator improvements for use on helicopter, turboprop, and light jet aircraft, has established a preferred distribution alliance with London, United Kingdom based Global Aviation & Marine Risk Management LTD, in support of our starter generator and all other components services for Bangladesh and Pakistan.

"With an extensive network of global inventory pools for Airbus, Boeing, Bombardier, Embraer, ATR aircraft and all types of Helicopter Global Aviation & Marine Risk Management, was the perfect choice for NAASCO as we continue to expand our distribution alliances," stated Mike Leslie, NAASCO's President & CEO. He went on to say, "Global Aviation & Marine Risk Management's CEO Shahjahan Hasib has developed a fantastic business model for airline operators and their maintenance teams based in Bangladesh that adds tremendous value to our existing sales efforts."

"Our alliance with NAASCO is a rare combination which is a milestone solution as it will eliminate the time and language barrier for airline and helicopter operators based in Bangladesh.," said Global Aviation & Marine Risk Management CEO Shahjahan Hasib. He continued, " Our clients can now enjoy the benefit of single point contact for their spare part and repair/overhaul requirements. It is the commitment of our team to provide the highest quality parts, exceptionally engineered solutions, and continuous improvements in service that will ensure our client's success, and that driven passion can only be found at NAASCO ."

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About NAASCO: Opening its doors in April 1984, NAASCO has served the aviation industry for over 35 years as an FAA and EASA approved repair station. Its leadership team brings a combined electrical, mechanical, and avionics experience of over 250 years. During this time, NAASCO changed the aviation industry by introducing its specialized designed engineering solutions that focus on improved reliability while solving planned obsolescence. Two of NAASCO's most successful product offerings are its starter generator ETR/Mercury Mod and Sil-Met motor, contact, relay, and terminal blocks.

Website: www.NAASCO.com

About Global Aviation & Marine Risk Management: Global Aviation & Marine Risk Management is a spare parts supplier and repair management company based in the UK, having decades of combined experience and proven service to the aircraft industry while demonstrating its capability to meet today's and tomorrow's aerospace requirements. The company has developed a unique process to cater to AOG requirements. Their ability to provide technical consultation and value-added services has been an integral part of many clients' day-to-day operations.

Website: www.GAMRM.com