SR Technics and Airblue sign engine maintenance contract

Zurich, January 27, 2011

SR Technics has signed a seven-year contract with Airblue, Pakistan’s second-largest and fastest-growing airline, and will provide maintenance services on CFM56 engines. The contract covers engine maintenance for Airbus A319 and A320 aircraft.

The services for the CFM56-5B engine types include overhaul, repair and engine on-wing condition monitoring. Meeting industry best-in-class standards, they will involve major disassembly as well as core performance restoration.

“With our very short turnaround time for engine maintenance SR Technics is able to offer Airblue a highly attractive option to keep engine ground time to a minimum. With our world-class quality and safety standards we can offer true added value for this major customer in Pakistan,” says James Stewart, Chief Executive Officer at SR Technics.

More than 130 companies around the world rely on the efficient engine services performed by SR Technics and enjoy 24-hour on-wing support 365 days a year.

“As Airblue sets very high standards in passenger air travel, we need a professional service partner with industry-leading solution packages. We are convinced we chose the right partner as SR Technics ensures flexible technical support around the clock with efficient turnaround time,” says Tariq Chaudhary, CEO at Airblue.

For further information please contact:
SR Technics
Karin Freyenmuth
Head of Corporate Communications
Phone: +41 43 812 46 76
Fax: +41 43 812 14 98

About SR Technics
SR Technics is one of the world’s leading independent providers of technical services for the civil aviation sector. The SR Technics Group offers its customer airlines comprehensive and totally-tailored solutions for the technical support and management of their aircraft fleets, engines and components. With its head office at Zurich Airport, SR Technics provides its services to about 500 airline customers through an extensive network of international operations and sales offices in Europe, Asia and the Middle East. SR Technics is owned by Mubadala Development Company. For further information please visit www.srtechnics.com.

About Airblue
Airblue is Pakistan’s largest private sector airline with its head office in Islamabad, Pakistan. The airline operates 30 daily services linking 4 domestic destinations and providing international services to Dubai, Abu Dhabi, Sharjah, Muscat, and Manchester. Airblue operates a fleet of 6 next-generation Airbus A320 family aircraft with an average age of less than 4 years. Led by a team with decades of experience in the airline industry and utilizing the latest in cutting-edge IT systems, Airblue embodies a new era in passenger air travel. For further information please visit www.airblue.com