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 that it has been awarded a seven-year exclusive engine maintenance contract with Ukraine International Airlines (UIA). The agreement covers a minimum of 34 CFM56-7B shop visits. Meanwhile, work began on the first engine in the SR Technics engine shop in Zurich in August of this year.
UIA and SR Technics have had a continuous partnership since April 2017, when the airline signed a five-year contract for integrated component services with SR Technics for UIA’s Boeing 737NG fleet. SR Technics was able to secure the new engine services contract with a competitive commercial offer. During three trial shop visits performed earlier this year, the SR Technics team provided UIA with a sample of SR Technics’ industry-leading services.
“We are certainly proud to have been selected as the exclusive supplier for the CFM56-7B engine services UIA requires,” said Michael Sattler, Chief Commercial Officer at SR Technics. “With an all-inclusive fixed price offer, we have demonstrated our flexibility in pricing and our willingness to go the extra mile to expand our cooperation with a key partner.”
“UIA technical and operational staff work hard together with the partner - SR Technics - in order to provide the passengers the most reliable and safest operation,” said Evgeniya Satska, UIA Communications Director. “Passengers can rely on UIA for regular and safe flights. They are in good hands.”