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 its subsidiary SR Technics Malaysia Sdn. Bhd, has signed a five-year Authorized Repair & Overhaul License Agreement on 01 April 2021 with Honeywell International Inc., as an authorized licensee for both mechanical and avionics components. SR Technics Malaysia will support worldwide air transport and commercial airline customers and engine shops.
Since opening in April 2014, SR Technics Malaysia has significantly grown their capabilities and their expertise. From initially focusing on the Airbus A320 family, the A330 and A340, and the Boeing 737NG, the company also focuses on engine components for CFM56 and PW4000 to support its engine shop in Zurich as well as other engine shops. The company operates an 8000 sqm facility in Shah Alam, Selangor, employing over 50 highly skilled technicians and engineers. With an average 12-day turnaround, the company offers services on more than 750 different part numbers.
“We are very honored to have been selected as a Honeywell licensee, this reflects the growth of our capabilities and the success of developing home grown talent and expertise here in Malaysia. As an authorized Honeywell licensee, we will strive to provide even higher levels of service and support for our mutual customers,” said Martin Urwyler, Managing Director of SR Technics Malaysia.