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.
SR Technics, a world leading MRO service provider, is pleased to announce that Olaf Christoph has joined its Business Development team today.
SR Technics VIP Consultancy Services Team is pleased to announce the delivery of a Boeing 787 VIP aircraft from a renowned VIP completion center. The aircraft was handed over to the customer in December 2020 with the assistance of the SR Technics program management team and in close cooperation with the customer and the completion center.
SR Technics, a world leading MRO service provider, is proud to announce the launch of its new component services brand STRADE powered by SR Technics on January 18, 2021. The new brand will operate as an independent unit inside the Group.
SR Technics, a world leading MRO service provider in the civil aviation industry, is pleased to announce new appointments of Top Business Development and Commercial Executives, reporting directly to the Senior Vice President Caroline Vandedrinck.
SR Technics is pleased to announce that, effective October 1, 2020, its design engineering solutions department will be transferred to groWING.aero as part of a sale that ensures the continuity of these services. This is due to the industry-wide COVID-19 crisis and the changing market environment where SR Technics has decided to focus on engine services and line maintenance in Switzerland. SR Technics will remain involved until the end of this year to support a smooth transition to the new owner
SR Technics is pleased to announce the launch of its Quick Turn Line (QTL) on September 1, 2020. Besides covering quick turn services (hospital shop repairs and post-lease inspections), the new line also covers engine change and loan tooling.
As part of the restructuring measures aiming to mainly focus on engine services, SR Technics is pleased to announce the management buyout of Armac Systems, the SR Technics subsidiary that has provided inventory optimization software and consulting services since its acquisition in 2014.
SR Technics is pleased to announce the appointment of Caroline Vandedrinck as Senior Vice President Sales with effect from September 1, 2020. She will report directly to Jean-Marc Lenz, Chief Executive Officer, and will be leading the new Sales organization. Michael Sattler, Chief Commercial Officer, will be leaving SR Technics at the end of August 2020.
SR Technics announces today the successful financing and new company strategy to reposition the brand with a focused services portfolio to better serve its customers in the changing market environment.
SR Technics, a world leading MRO service provider, is pleased to announce that table inspections at its engine shop in Zurich are now also offered remotely. The new service, which relies on a video streaming portal, can be selected for any engine type or shop visit.
SR Technics, a world leading MRO service provider, is pleased to announce the extension of its partnership with PT Garuda Maintenance Facility AeroAsia (GMF). As per the agreement, effective November 1, 2019, the two parties will be providing Integrated Component Services (ICS) for Garuda Indonesia’s fleet of Airbus A330neo and Airbus A330ceo aircraft.
SR Technics, a world leading MRO service provider, is pleased to announce the winners of its 2019 Component Service Supplier Awards. Granted annually since 2012, the awards are based on qualitative and quantitative measures in key areas such as safety & quality, performance, customer focus, communications, continuous improvement and strategy alignment.
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.
SR Technics, a world leading MRO service provider, is pleased to announce that it has been awarded an exclusive five-year engine maintenance contract by Asiana Airlines effective September 1, 2019.
SR Technics, a world leading MRO service provider, is pleased to announce the appointment of Jean-Marc Lenz as new Chief Executive Officer with effect from September 6, 2019. Jean-Marc succeeds Frank Walschot, who has decided to take up a new opportunity in the aviation industry.
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.
SR Technics, a world leading MRO service provider, is pleased to announce that it has signed an exclusive five-year maintenance contract with Swiss International Air Lines (SWISS) and Edelweiss Air. The new agreement, which covers the entire Airbus A320ceo fleet of both SWISS and its sister airline Edelweiss, goes into effect on July 1, 2019.
SR Technics, a world leading MRO service provider, is proud to announce that it has been selected as the exclusive authorized repair station for Diehl Aviation Gilching in Asia Pacific. Starting immediately, SR Technics will provide maintenance, repair and overhaul services for Diehl Aviation Gilching’s Asian Pacific customers.
SR Technics, a world leading MRO service provider, is pleased to announce that the Civil Aviation Authority of Thailand (CAAT) has extended an airworthiness certificate for component maintenance to SR Technics Malaysia.
SR Technics has appointed Abdel Farah as Managing Director - SR Technics Australia Pty Ltd and Area Sales Director in charge of marketing & sales strategy and customer relations for the Australasia and Indonesian market effective March 31st, 2019. Based in Melbourne, Australia, Abdel brings with him over 20 years of experience in the Aircraft Maintenance Repair & Overhaul (MRO) business.
SR Technics, a world leading MRO service provider, is pleased to announce the ground breaking of the new six-bay hangar including significant back-shop facilities for its center of excellence (CoE) for aircraft maintenance in Malta. The project, as announced in February this year, 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 & A320families simultaneously.
SR Technics, a world leading MRO service provider, is pleased to announce a record-time completion of a complex cabin refurbishment on four Airbus 330-200s for partner Virgin Atlantic Airways.
SR Technics, a world leading MRO service provider, is pleased to announce that it has successfully completed a galley conversion project for the leasing company AerCap. SR Technics is the only EASA DOA that currently provides this solution.
SR Technics, a world leading MRO service provider, is pleased to announce that it has renewed a wheels and brakes service contract with its longstanding customer Swiss International Air Lines (SWISS) covering its Airbus fleet for the next five years. The new agreement covers the maintenance and availability of wheels and brakes for both SWISS and Edelweiss Airbus A320, A330 and A340 fleet. All maintenance work will take place at the SR Technics wheels and brakes shop in Zurich which has provided reliable services for many years.
SR Technics, a world leading MRO service provider, is pleased to announce signature of a Letter of Intent with the objective to assist Mega Aero Training Academy (MATA) in the development of a fully EASA Part-147 approved training academy in Johannesburg, South Africa.
