LONDON – MRO service provider SR Technics has signed an agreement with Indonesian flag carrier PT Garuda Indonesia for a multi-year support program for the airline’s CFM56-7B engine assets.
The CFM56-7B engine is the powerplant for the Boeing 737 NG fleet. The Boeing 737 Next Generation, commonly abbreviated as 737NG, or 737 Next Gen, is a narrow-body twin-engine aircraft.
The recently brokered contract will allow SR Technics and Garuda Indonesia to explore areas of cooperation by providing the best quality service in engine support for the airline’s fleet of B737NGs.
Photo: CFM56-7B engine. Photo Credit: Kentaro Iemoto via Wikimedia Commons
Management statements
“This is a great step forward for us in the Asia market, we look forward to continuing cooperation with Garuda Indonesia Airlines and strengthening our partnership even more,” said Caroline Vandedrinck, Senior Vice President Business Development at SR Technics at the signing ceremony.
Jean-Marc Lenz, Chief Executive Officer at SR Technics, stated “With previous work history, we are glad to welcome back Garuda Indonesia at our facilities.”
“As a company with a great committed team, customer centricity, and professional standards, SR Technics will undoubtedly provide great engine service support.”
About Garuda Indonesia
Garuda Indonesia is headquartered at Indonesia’s Soekarno–Hatta International Airport. It is a member of SkyTeam and the second-largest airline of Indonesia after Lion Air.
As Indonesia’s flagship carrier, Garuda seamlessly connects over 60 destinations worldwide as well as an array of exotic regional destinations in the Indonesian archipelago. The airline currently operates a mixed fleet of both Boeing and Airbus family aircraft.
Continuing its relationship with the MRO service provider, Garuda will despatch its CFM65-7B Engines to the SR Technics facility in Zurich for MRO services.
About SR Technics
The SR Technics Group is a leading global MRO service provider in the civil aviation industry headquartered in Zurich, Switzerland. As one of the world’s largest independent MRO providers, the company services most Airbus and Boeing aircraft types.
The company originally started out as the maintenance and engineering section of Swissair, previously Switzerland’s national carrier, and it has grown to be a major global player in highly competitive MRO market.
Working with an extensive network of partners and business development offices in Europe, America, Asia and the Middle East, the company offers comprehensive, fully customized solutions for the Maintenance, Repair & Overhaul of aircraft engines, airframe and components including expert technical support to over 500 customers worldwide.
Summary
In a positive turnaround for the struggling national flag carrier, it has been reported that Garuda Indonesia may return to profitability as early as next year.
It is reported that the carrier may enjoy up to US$400 million in net profit next year, according to government forecasts. The recently brokered agreement with SR Technics perhaps points to some sense of positivity and renewed confidence in the airline’s future prospects
