After a successful turnaround and solid financial results in the last year, SR Technics started the first quarter of 2023 strongly with results ahead of expectations and could now extend the financing to support its growth strategy.
SR Technics, a world leading MRO service provider, has signed a five-year agreement with Safran Aircraft Engines, one of CFM International's parent companies, for SR Technics to provide quick-turn maintenance offload support to LEAP-1A engines. This multi-year agreement follows earlier agreements signed with Safran for CFM56-5B, CFM56-7B, and LEAP-1B engines, demonstrating a strong commitment by SR Technics to continuously strengthen its support for CFM engines and the market. The first shop visit is scheduled in July 2023.
SR Technics a world leading MRO service provider, announces that Matthias Düllmann, CFO of SR Technics, will succeed Jean-Marc Lenz as CEO as of July 1, 2023. Jean-Marc Lenz will remain working for SR Technics in a part time senior advisory function.
Today, at the MRO Americas 2023 conference in Atlanta, Georgia, SR Technics with Kuehne+Nagel and Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) introduce “Sustainable Engine Alliance”. Together, the alliance members pledge to set new industry standards for low-carbon aircraft engine supply chains in line with SBTi targets.
Today, SR Technics, a world leading MRO service provider, together with Safran Test Cells unit of Safran Aero Boosters, reached another milestone by starting the construction work for reactivation of its second test cell to expand its test capabilities and capacities at Zurich Airport (Switzerland).
HCLTech, a global technology company, today announced that it has signed a multi-year contract with SR Technics, a leading maintenance, repair and overhaul (MRO) service provider in the civil aviation industry, to digitally transform SR Technics’ operations.
SR Technics, a world leading MRO service provider, and CFM International (CFM) have concluded a LEAP-1B General Support License Agreement (GSLA). that enables SR Technics to offer a wide range of maintenance, repair and overhaul (MRO) services for CFM LEAP-1B engines.
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.
SR Technics, a world leading MRO service provider, awarded and contracted Safran Test Cells, a division of Safran Aero Boosters, for extending its test capabilities and capacities in Zurich (Switzerland) by reactivating its second test cell. Under the terms of this agreement, Safran Test Cells will provide the aerodynamic and acoustics construction design for the test cell to enable local contractors to renew the facility for engine testing. Further, Safran Test Cells will design, produce and install specific equipment such as aero-acoustic elements and all required systems to enable testing of the new engine types PW1100G-JM, LEAP-1A/-1B as well as legacy engines CFM56-5B / -7B.
SR Technics, a world leading MRO service provider, and Vietravel Airlines, first travel airline in Vietnam, signed two General Terms Agreements (GTA) at the Farnborough Airshow. One GTA is intended for CFM56-5B engine maintenance and another for engine lease support.
SR Technics, a world leading MRO service provider, is pleased to announce that Leonard Lump has joined its Business Development team as Vice President for Americas.
SR Technics, a world leading MRO service provider, proudly announces joining the global network of providers that maintain the GTF™ engine powering the Airbus A320Neo aircraft family. Upon signing with Pratt & Whitney, SR Technics’ Zurich-based facility will serve PW1100G-JM engines for the A320neo with full disassembly, assembly, and test capabilities.
SR Technics, a world leading MRO service provider, is pleased to announce the opening of the new six-bay hangar including significant back-shop facilities for its center of excellence (CoE) for aircraft maintenance in Malta. This project will enable SR Technics to continuously provide high-quality aircraft maintenance and cabin modification services, now for up to six narrow body aircraft of the B737 & A320 families simultaneously.
SR Technics, a world leading MRO service provider and Vietnam-based airline Bamboo Airways, are pleased to announce the signing of a Memorandum of Understanding (MoU) at Singapore Airshow 2022, which will promote the value and power of the highest standards of support solutions in the aviation ecosystem. The MoU establishes an agreement to jointly work together in the development of solutions being advanced by both companies.
SR Technics, a world leading MRO service provider, is pleased to announce that it has entered into an agreement with SIA Engineering Company (SIAEC) which will acquire a 75% stake in SR Technics Malaysia Sdn Bhd (“SRT Malaysia”), to form a component maintenance, repair and overhaul (“MRO”) joint venture (“JV”). The JV will complement SIAEC’s existing component repair and overhaul services and fleet management programs. This follows the earlier announcement on 1 March 2021 of the potential acquisition (in part or whole) of SRT Malaysia, located in Selangor, Malaysia.
SR Technics, a world leading MRO service provider, is pleased to announce that its Malta subsidiary has renewed a base maintenance contract with easyJet for an additional two years. The agreement covers two lines of base maintenance work.
SR Technics, a world leading MRO service provider and Vietnam’s leading airline Vietjet Air are pleased to announce the signing of a Memorandum of Understanding (MoU) worth US$150 million involving providing MRO services on Vietjet’s CFM56-5B engine fleet, installed on their Airbus A320 and A321 aircraft. The work on the engines will be carried out at SR Technics' world-renowned facilities at Zurich Airport in Switzerland. The MoU also includes providing engine maintenance, technical and training services, component requirements and repair, and setting up a new Aviation training center, as a joint venture between Vietjet and SR Technics.
SR Technics, a world leading MRO service provider, is pleased to announce it has signed an engine services agreement with Constellation Aviation Services LLC to provide engine MRO services for their CFM56-5B engines powering the luxurious A318-112 Elite aircraft.
SR Technics, a world leading MRO service provider, is pleased to announce that MNG Airlines continues to select SR Technics as their preferred PW4000 MRO provider.
SR Technics, a world leading MRO service provider, is pleased to announce it has been awarded a four-year extension of an existing contract to maintain, repair, and overhaul RoyalJet’s CFM56-7B engine fleet, installed on the Boeing 737BBJs.
SR Technics, a world leading MRO service provider, is pleased to announce it has signed an engine services contract with Somon Air, a private airline based at Dushanbe International Airport, Tajikistan, for their CMF56-7B engines repair.
SR Technics, a world leading MRO service provider, is pleased to announce that Anisa Diwakar has joined its Business Development team today as Head of Parts Repair Customer Services.
SR Technics, a world leading MRO service provider, is pleased to announce the signing of a Chemical Consignment agreement by its affiliate in Malta. The parties to the agreement are SR Technics Malta, a center of excellence for narrowbody aircraft maintenance that delivers premium MRO services, and Aerospheres UK Ltd., a leader in the real-time distribution of aviation-related chemicals for commercial airline and MRO operations worldwide.
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, a world leading MRO service provider is pleased to announce it has started implementing MRO services on the CFM International (CFM) LEAP-1B engine at its Zurich facility. Following the agreement with CFM which was concluded at the end of 2020, SR Technics targets the authority certification by Q1 2022.
