Summit reaches AGC for climb into Africa
Two US businesses have created an MRO alliance to develop their business further into Africa.
Summit Aerospace and American General Supplies, (AGS) say their combined financial strength and capabilities would improved their offer to African airlines, far more than going alone.
“We’ve wanted to expand our product and services offering into Africa for some time,” said Jorge Fernandez, managing partner of Summit Aerospace. “We just needed to come up with an effective way of doing it. After discussing our desire to grow ourselves into the commercial aviation landscape in Africa, we called an old friend, American General Supplies to solicit their help.”
Summit’s other managing partner Allan Jiron added: “ “We knew that AGS has been successfully serving the needs of African commercial aviation for more than 30 years, so it was a no brainer for us to approach AGS about representing us in the African market,” he said. “They agreed with our belief that the synergy of bringing our two companies together would be greater than each of us going it alone.”
AGS CEO Kassa Maru said: “Companies operating in the commercial aviation space in Africa face daunting obstacles, including regulatory constraints, access to capital and easy access to proven, international MRO support
“Since AGS currently operates in the capacity of purchasing and financing agent to a few African airlines, we know our financial strength and experience in the marketplace will work to the benefit of our customers and our MRO partner,” he said.