US-based Banner Aerospace subsidiary Solair has signed a memorandum of understanding with Delta Air Lines to become Delta's sole source supplier of airframe materials from the surplus market.

Solair president Timothy Daggett says he expects the agreement to generate $150million over the next three years.

"We selected Solair as our partner because of its aggressive strategy of supplying parts to Delta and its assistance in helping us dispose of our excess inventory," says Michael Ellenburg, Delta's vice president of aircraft maintenance.

"Solair's size was appealing to us; we want to ensure that we receive superior customer service from our supplier and that we are its number one priority."

Source: Flight Daily News