JANUARY 15TH, 2013

SR Technics to complement existing component repair shop network with Malaysian facility

January 15, 2013 – Zurich, Switzerland: SR Technics, part of the Mubadala Aerospace MRO network, is preparing to add a component repair shop in Kuala Lumpur, Malaysia to supplement the company’s existing repair network in Switzerland, Spain and Abu Dhabi. The facility, which will open in Q4 2013, will place SR Technics closer to its customers in Asia Pacific and supports the growth of its Integrated Component Services (ICS) business.

As part of this project, many labor-intensive component repairs will be focused in Malaysia. This will free up the resources of the company’s experienced Zurich team to develop new component capabilities and technologies on existing and emerging platforms in airframes and engines whilst also focusing on expanding capacity for know-how intensive, high-tech repairs through in-sourcing.

The majority of the employees for the new facility will be drawn from the Malaysian market and will undergo a three-month on-the-job training program at SR Technics’ Zurich facility. The training will ensure that SR Technics’ exacting quality standards are maintained wherever a component is repaired. In addition, a senior management team from the component shops in Switzerland will move to Malaysia to oversee the project further cementing service quality and reliability standards.

“Integrated Component Services offers substantial growth potential for maintenance, repair and overhaul companies over the mid- to long-term. Asia Pacific is predicted to be the region with the greatest ICS customer demand increase,” comments James Stewart, Group CEO for the Mubadala Aerospace MRO network. “Customer proximity and offering best-in-class quality, reliability and turnaround times at affordable prices are essential to tap into this growth.”

André Wall, President at SR Technics, comments: “With shops in Europe and the Middle East, the addition of a facility in Asia will further optimize our component repair capabilities. Zurich is, and will remain, an important cornerstone of our component business, where our experienced team will be instrumental in developing important new component capabilities for existing and new engine and airframe platforms. This, together with greater emphasis on in-sourcing repair capabilities will be a driver for future growth, bringing benefits to SR Technics and the wider Mubadala Aerospace MRO network.” Wall continues: “Customer service reliability is a cornerstone of our business, therefore to ensure an uninterrupted service to our customers is maintained throughout this project and during the ramp-up, we have invested in additional component stock.”


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