Honeywell and SR Technics Malaysia sign a five-year Authorized Repair & Overhaul License Agreement to support regional airline customers and engine shops
SR Technics, a world leading MRO service provider, is pleased to announce that it has entered into an exclusive CFM56-5B engine maintenance deal with Pegasus Airlines, the second largest carrier in Turkey. With services scheduled to begin in September of this year, the agreement covers 22 engine shop visits and a SR Technics lease engine dedicated to Pegasus Airlines over a six-year contract term. All work will be performed at the SR Technics engine shop in Zurich.
As a growing low-cost carrier in a competitive market, Pegasus Airlines was looking for an MRO provider that could supply engine core performance and overhaul services as well as support unscheduled engine removals. During the negotiations leading up to the agreement, SR Technics performed two shop visits. The efficiency and rapid turnaround of the work SR Technics performed, combined with the strong relations between key people at both companies, contributed to the decision to make SR Technics the carrier’s exclusive CFM56-5B maintenance provider.
“We are indeed pleased to announce that low-cost carrier Pegasus Airlines has chosen SR Technics as its exclusive CFM56-5B maintenance provider,” said SR Technics Chief Executive Officer Frank Walschot. “The deal underscores our ability to offer the highest quality standards in the industry combined with swift turnaround times. We look forward to meeting and exceeding their expectations with an eye to growing our partnership in the future.”