SR Technics and Vietjet Air sign a Memorandum of Understanding worth US$150 million
SR Technics, a world leading MRO service provider, is pleased to announce it has been awarded a four-year extension of an existing contract to maintain, repair, and overhaul RoyalJet’s CFM56-7B engine fleet, installed on the Boeing 737BBJs.
The Middle East’s foremost premium private aviation company, headquartered in Abu Dhabi, United Arab Emirates (UAE), has the CFM56-7B engines currently in service in their nine luxurious Boeing Business Jet aircrafts (B737-700 IGW), which are used by the carrier's VIP guests. The work on the engines will be carried out at SR Technics' world-renowned facilities at Zurich Airport in Switzerland.
Commenting on the contract extension, SR Technics' CEO Jean-Marc Lenz said: “We are very proud that RoyalJet is committing to add four more years to the existing MRO contract. This confirms their confidence in SR Technics’ ability and expertise to provide best-in-class service and technical support in line with the highest benchmarks in the industry in terms of safety and quality. This carrier provides exceptional service with unsurpassed reliability to its customers. So entrusting us to deliver top quality performance on their engines, proves how strong the foundation of our future collaboration is.”
“This is a testament to our continued robust relationship with SR Technics,” said Rob DiCastri, CEO at RoyalJet. “The renewal of this contract proves that maintaining high quality service standards over the term is of strategic importance. The extensive technical audit and thorough tender process highlighted the superior offering from SR Technics. We look forward to continued collaboration in the future,” he added.