ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Incora Wins Contract Delivering on COMAC C919 Platform

FORT WORTH, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Incora (or the “Company”), a leading global provider of innovative supply chain management solutions, is pleased to announce that it has been awarded a multi-year contract to further extend the scope of supply and continue the partnership with AVIC Group and its subsidiary Xi’an Aircraft Industrial Corporation (“XAIC”) on the COMAC C919 platform. Under the contract, Incora will deliver a suite of supply chain solutions, including Just-in-Time product delivery facilitated through Incora on-site personnel in Xi’an, extending an existing scope of supply to incorporate new product ranges.

COMAC C919 is the latest generation of narrow-body airliners in the market, developed by Chinese aircraft manufacturer COMAC. As of today, the C919 has amassed orders of more than 1,000 aircrafts, including firm commitments from major airlines such as China Southern, China Eastern and Air China. As the C919 program matures and increases its market share with other airlines in the region, Incora is poised and ready to play a vital role in helping COMAC to achieve its goals.

Said Glenn Puddifoot, Vice President Sales Business Development: “We are immensely honored to be entrusted with supplying the largest proportion of items amongst all of AVIC Group’s partners. It is a testament to our ability to provide customized, complex supply chain solutions to meet our customers’ operational needs. We look forward to deepening and strengthening our existing partnership with AVIC Group and XAIC in the years to come. I want to thank the entire Incora team across our global footprint for their work in supporting this process.”

This contract win will further bolster Incora’s presence in the Asia Pacific region, which is a key driver in the Company’s growth plans. Incora has recently been awarded multiple renewals on existing programs by key strategic customers across the Asia Pacific region, further solidifying its current presence and future longevity. The Company has demonstrated its ability to execute on its strategic initiatives and plans to set further milestones with its regional partners.

About Incora

Incora is the trade name for the group of companies formed by Wesco Aircraft and Pattonair, a leading provider of comprehensive supply chain management services to the global aerospace and other industries. Beginning with a strong foundation in aerospace and defense, Incora also utilizes its supply chain expertise to serve industrial manufacturing, marine, pharmaceutical and beyond. Incora incorporates itself into customers' businesses, managing all aspects of supply chain from procurement and inventory management to logistics and on-site customer services. The company is headquartered in Fort Worth, Texas, with a global footprint that includes 68 locations in 17 countries and more than 3,800 employees. For more information, please visit incora.com.

Media Contact

Rachel Chesley / Victoria Zaharoff
IncoraComms@fticonsulting.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.