Flight International online news 10:00 GMT: UK budget carrier EasyJet has opted to retain the services of maintenance provider SR Technics for its Airbus A319 fleet following an intensely-competitive battle to secure the long-term deal.
Under the ten-year agreement SR Technics will provide total maintenance support for the A319s, bar the type’s CFM International CFM56 engines. Services will include line, light and base maintenance, as well as component repair.
SR Technics, which was chosen to support the EasyJet A319 fleet on an initial basis, had been competing to secure long-term maintenance agreements with the airline, and faced strong competition from Singapore Technologies Aerospace, which has a UK-based division called BASCO located in Bournemouth.
EasyJet values the new deal at around $1 billion and says it provides a reduction in maintenance costs of more than 25% over the term of the contract including a £10 million ($18 million) saving on maintenance costs for the coming financial year.
By 2008 EasyJet says it intends to have a fleet of 120 A319s.
DAVID KAMINSKI-MORROW / LONDON
Source: Flight International