International Air Parts
International Air Parts is a subsidiary of PTB Group Limited and is the largest independent stockist of commercial and military aircraft spare parts in the Asia Pacific region. Established in 1983, they have developed an enviable worldwide reputation for quality, integrity along with extensive air craft spare parts knowledge and support from our dedicated personnel.
Their operations are approved by the Civil Aviation Authority for both maintenance and distribution and their headquarters on Sydney's Northern Beaches provides the platform to support a diverse range of commercial, military and helicopter airframes and powerplants.
IAP supports International, regional and domestic operators along with defence forces around the world.
The principal activities are:
- Spare Parts Supply: Acquisition of redundant spares from airlines which have changed their aircraft types and then remarketing to other operators of that type. IAP Group is by far the largest surplus spare parts dealer in the southern hemisphere. Its purchasing systems are well-honed over many years and its network of contacts enables maximum exposure both for purchasing and reselling opportunities. IAP Group also has a strong parts brokering business, particularly with its Asian contacts.
- Acquisition and Sale of Aircraft/Parting out Aircraft: As an integral activity to spares support, IAP Group has bought and sold many aircraft. The aircraft traded in this way range in size from an Islander to a Boeing 737 and Airbus A300. Its engineering operation at Bankstown airport has significant capability to perform aircraft refurbishment. IAP Group also acquires aircraft and parts them out. For example, aircraft could be acquired outside of Australia and be parted-out on site. Some parts such as engines could then be immediately sold to recoup the initial purchase cost, with the balance containerised as parts and shipped to the Sydney warehouse for marketing and subsequent sale; and
- Short or long term rent, leasing, or extended credit financing of turbine engines, airframes, and components.
