SR Technics and GE sign further agreements for engine maintenance

SR Technics and GE have signed two five-year agreements for engine maintenance of the CFM56 family, representing a further milestone in the close cooperation between both companies.

The first contract is a long-term five-year cooperation for the CFM56-5C. SR Technics will become GE’s regional fulfillment center for the overhaul of this engine type from customers within Europe, Middle East and Africa. In addition, SR Technics will act as and represent GE as an official GE MRO partner.

A second five-year contract was signed to enable GE use the SR Technics’ engine workshop in Zurich for work that they have contracted with third parties on the CFM56- 7B and -5B engine types.

Both agreements are the result of the strong, growing relationship between Mubadala and GE, and are a testament to Mubadala’s ability to leverage its MRO network.

James Stewart, Chief Executive Officer of SR Technics, said: “These two agreements are a cornerstone in deepening our partnership with GE and show the huge potential we see in it for the future. We are delighted that GE continues to place its confidence in SR Technics and that we are entering a new phase of our close cooperation.” James Stewart underscored, “we see these agreements as recognition of the highest quality standards that we continuously deliver to the marketplace and we look forward to continuing the expansion of our services for GE in the future.”

“SR Technics has an outstanding reputation and extensive customer base in the MRO segment,” said Paul McElhinney, President and CEO of GE Aviation’s Services organization. “GE Aviation is pleased to utilize the expertise of SR Technics to provide the highest quality maintenance, repair and overhaul services to CFM56-5C customers in Europe, the Middle East and Africa.”

SR Technics is part of Mubadala Aerospace’s global MRO network, which also includes the Middle East’s largest independent MRO provider, Abu Dhabi Aircraft Technologies (ADAT). The two companies are central to Mubadala Aerospace’s plans to establish a global MRO network headquartered in Abu Dhabi, that covers the entire MRO value chain including engine, component and airframe capabilities.