SR Technics and Vietjet Air sign a Memorandum of Understanding worth US$150 million
SR Technics, one of the world’s leading providers of technical solutions to airlines, announced today that it had signed a major turnkey cabin modification integration contract with Intrepid Aviation, a leading global aircraft leasing company. SR Technics will now manage and implement all the design engineering and embodiment work required for the major redesign and enhancement of seven of the lessor’s Airbus A330 cabin interiors. This innovative cabin modification turnkey contract provides Intrepid Aviation with dedicated and optimum hangar slots to meet their customers’ critical delivery requirements.
SR Technics’ Engineering Centers of Excellence in Dublin and Zurich will formulate all the complex cabin modification design specifications; supply chain management sourcing and organizational planning. Working closely with the Airworthiness Authorities, SR Technics will obtain all the required Supplemental Type Certificate (STC) approvals. SR Technics’ Center of Excellence in Zurich will perform the Cabin Modification Installation, including fitting state-ofthe-art In-Flight Entertainment systems and wireless capabilities and all the other embodiment work required on the seven Airbus A330 cabin interiors. Additionally, SR Technics will conduct heavy maintenance checks and aircraft painting as part of the contract.
SR Technics’ Interim CEO Jeremy Remacha commented: “This is a significant turnkey contract for cabin modifications for a major aircraft lessor. We are extremely pleased to have secured this order from Intrepid Aviation to manage its complex Airbus A330 Engineering, Embodiment and Maintenance project. As the integrator for this program, it demonstrates both SR Technics’ expertise and commitment to provide turnkey solutions to lessors and airline customers.”
Intrepid Aviation’s Executive Vice President, Operations and Aircraft Programs, Daniel Perez, commented: “Intrepid Aviation is very happy to partner with SR Technics on this program. We selected SR Technics because it offered us a comprehensive, cost-effective and flexible package of turnkey services. Given SR Technics’ track record, we were also confident that it could manage this technically complex Engineering and STC program while meeting all our demanding delivery schedules. Hence, as a leasing company, we know that SR Technics will ensure that we keep our commitments to our customers.”