Boca Raton, FL, March 15, 2016 – VAS Aero Services, a global leader in aviation logistics and aftermarket services, announced it has entered into an exclusive purchase agreement with LATAM Airlines Group, the leading airline group in Latin America, acquiring four Airbus A330 aircraft and fourteen spare Pratt & Whitney engines being retired from LATAM’s wide-body fleet.

“We are delighted to partner with the LATAM Airlines Group to assist them in retiring these Airbus A330’s and engines from service,” said Tommy Hughes, VAS Aero Services CEO. “As a ‘Best Partner’ to most of the world’s leading airlines, VAS Aero Services serves as a valuable aftermarket supply chain resource for managing aircraft acquisition, teardown, parts harvesting and certification. With an unrivaled worldwide distribution channel to market and distribute serviceable used and surplus parts and assemblies, VAS plays a critical role in connecting sellers and buyers of replacement parts and materiel in the global aviation marketplace.”

VAS will relocate the aircraft to its European aircraft teardown partner, Tarmac Aerosave, in Tarbes, France, while the 100-inch Pratt & Whitney engines will be positioned for redeployment within VAS’s extensive maintenance partner network, Hughes noted.