LONDON – Bamboo Airways has announced that it has signed an MoU worth US$ 60 Million for CFM 56-5B engine maintenance with SR Technics, the leading MRO (Maintenance, Repair, and Overhaul) provider in the world.
The agreement was penned down on the occasion of the Singapore Air show, with high-ranking dignitaries and business representatives of the two countries.
Strengthening its MRO…
With this remarkable move, it is expected to create opportunities to promote the value and power of the highest standards of support solutions in the aviation ecosystem.
The agreement has allowed both entities to further explore areas of cooperation including CFM56-5B engines, training services, technical services, and component requirements and repair.
Speaking on the occasion, CEO of SR Technics Mr. Jean-Marc Lenz stated:
“We are thrilled to welcome Bamboo Airways as a new SR Technics customer and look forward to meeting and exceeding their expectations.”
“I am pleased that with this MoU, we will further our commitment to provide best-in-class MRO services in the aviation world. We look forward to the further development of our partnership.”
“This will impact the growth and strengthen Vietnam’s competitive position in serving the worldwide aviation industry.”
Bamboo Airways Deputy General Director, Mr. Nguyen Khac Hai expressed this remarkable event by adding:
“With the prestige and experience of SR Technics, we strongly believe the agreement on the selection of SR Technics’ engines and other maintenance for Bamboo Airways’ fleet will help enhance our operation capacity, service quality, and competitiveness on international flight routes in the future.”
Along with this, Bamboo Airways has also stolen the show by entering into an agreement with Boeing for digital solutions for its entire fleets, which will further help Bamboo to drive efficiency and reduce operating costs.
The main feature of this would be to provide a digital analytical solution for the carrier to operate with the utmost safety, information accuracy, and reduce possible risks.
Bamboo Rumoured To Be Interested in the 777X…
Along with this, Bamboo has also expressed its interest in purchasing the new Boeing 777X, the latest fuel-efficient, wide-body aircraft, that will harness Bamboo Airways’ efforts to expand its network in Europe, Australia, and more interestingly United States.
Bamboo Airways Deputy General Director, Mr. Nguyen Khac Hai stated that “Adding to the expansion of Bamboo Airways’ fleet, the cooperation with international partners will lay a solid foundation to promote our crucial routes in the future.”
“This is also a stepping stone to expand our intercontinental flight network bridging Vietnam with medium and long-range markets.”
This move has been prompted by Bamboo Airways, as the global aviation industry is showing positive signs to set its market levels back to the pre-pandemic era, thus meeting the increasing travel demands and contributing to the economic rebound.
A 777X agreement would be an important milestone in the Bamboo Airways strategic move to start its Vietnam Singapore route and further international network expansion in 2022.
The carrier has planned to operate the Vietnam-Singapore route commencing March 24th, 2022. Bamboo Airways is determined to explore potential markets, aiming at around 40 international routes this year.
Bamboo Airways has already been conducting scheduled operations in Asian markets like Taiwan, Japan, South Korea, and others.
With markets beyond Asia, the carrier will be starting operations from Ho Chi Minh City (HCMC) to Melbourne from 19th February, Hanoi, and Frankfurt from 25th February, Ho Chi Minh City (HCMC) to Bangkok from 17th March, and Hanoi to London from 22nd March, along with Laos, Cambodia, and the United States to follow in coming months.