Extension of financing with Swiss Bank Consortium
SR Technics, a world-leading MRO service provider, signed at the MRO Asia in Singapore, a multi-year CFM56-7B Engine Support contract with PT Garuda Indonesia (Persero) Tbk. (“Garuda”), powering its Boeing 737 Next Generation.
The contract will allow SR Technics and Garuda Indonesia to explore areas of cooperation by providing the best quality service in engine support for B737NGs. The Boeing 737 Next Generation, commonly abbreviated as 737NG, or 737 Next Gen, is a narrow-body aircraft powered by two jet engines and produced by Boeing Commercial Airplanes.
As the Indonesia’s flagship carrier, Garuda seamlessly connects over 60 destinations worldwide and an array of exotic destinations in the beautiful archipelago of Indonesia all at once. Continuing its relationship with SR Technics, Garuda will send CFM65-7B Engines to the SR Technics facility in Zurich for MRO services.
“This is a great step forward for us in the Asia market, we look forward to continuing cooperation with Garuda Indonesia Airlines and strengthening our partnership even more.” said Caroline Vandedrinck, Senior Vice President Business Development at SR Technics at the signing ceremony. Jean-Marc Lenz, Chief Executive Officer at SR Technics, stated “With previous work history, we are glad to welcome back Garuda Indonesia at our facilities. As a company with a great committed team, customer centricity, and professional standards, SR Technics will undoubtedly provide great engine service support.”