PAL inks contract with SR Technics
PHILIPPINE Airlines recently entered into a 12-year contract with Switzerlandbased SR Technics for the servicing of its fleet of aircraft.
In a statement, the Lucio C. Tan-led carrier said it signed the Integrated Components Services agreement that covers the servicing of its 45 A321s and 15 A330-300s, which includes maintenance and component pooling.
The maintenance, repair and operations (MRO) service provider’s facility in Kuala Lumpur will provide the services for PAL.
“Safety remains the cornerstone of our operations. As such, we put premium in cultivating relationships with MRO experts to help ensure the reliability of our fleet,” PAL President and Chief Operating Officer Jaime J. Bautista was quoted as saying in a statement.
PAL and SR Technics also signed a five-year engine maintenance contract to support the airline’s entire fleet of CFM56-5C engines which will enable the Philippine carrier to reduce operating costs for engines, airframe and component maintenance.
Under the contract, PAL will use Beyond.Fleet.Services, a suite of products that extend the life of maturing fleets and reduces the day-to-day operating costs for engines, airframe and component maintenance. SR Technics and Aerfin will jointly manage these services.
“We are delighted to contribute to the success of Philippine Airlines, extending our partnership for another 12 years. SR Technics has been expanding its presence in Asia over the past few years, and we are committed to further develop our services in this fastdeveloping market,” SR Technics Chief Executive Officer Jeremy Remacha was quoted as saying.
PAL currently operates six A340s, but is looking to phase them out after signing a purchase agreement with Airbus for the firm order of six A350-900s, plus six options in April 2016, it said in its statement. —