B&H Worldwide announced that it had been awarded a two-year extension to manage inventory in Singapore and Australia for AerFin, the end-of-life aircraft and engine experts.

The aerospace logistics company noted that AerFin manages both aircraft teardown and engine disassembly at sites around the world. B&H will support AerFin's fast-growing expansion by supporting Storage and 3PL solutions in Singapore and Australia.

"Demand from its customers over the last decade has fuelled AerFin's international expansion and scope of services to manage in-house engine disassembly, storage and distribution of aviation inventory," B&H said in a statement.

It added that the contract was signed at MRO Americas in Atlanta, GA, USA and is effective immediately. 

B&H said the deal is an extension of an existing agreement in place between the two companies that will see a dramatic increase in volumes being moved.

It also noted that B&H was selected as a partner in these new locations because of the scope of its own international network combined with its reputation and expertise in the management of inventory.

"We are delighted to be extending our partnership with AerFin. We are both international businesses serving the aviation sector and through this new business in Singapore and Australia, we will be working closely further to increase the development of the British aerospace industry overseas," said Gary Wilson, managing director of B&H Worldwide Group.

Simon Bayliss, SVP of Operations for AerFin for his part, added that "AerFin is pleased to extend its storage contract with B&H in Asia & Australia; this will give us extended reach to support our customers within this region."