A.E. Petsche Co., Inc., the world's leading supplier of Mil/Aero wire and cable,
announced today that it has renewed and expanded a multi-year agreement with
American Airlines. The ZERO-BASE(r) Inventory agreement will allow American
Airlines to minimize in-house inventories and assure consistent material flow
to numerous points of use.
The revised agreement is related to American Airlines' recent acquisition
of Trans World Airlines. The combined company will have a fleet of more
than 900 aircraft. The additional aircraft made it necessary for A.E. Petsche
Company and American Airlines to review future business goals and objectives
and insure the inclusion of the newly acquired Trans World Airlines. A.E.
Petsche Company will continue to participate in the American Airlines Supplier
Excellence Program (SE2000) for the term of the agreement.