September 25, 2008

SR Technics, Iberia Sign Reciprocal Engine and Component Service Agreements

SR Technics and Iberia Maintenance, the maintenance division of Spanish airline Iberia, have concluded reciprocal contractual agreements covering engine and component services.

Under the new agreements, SR Technics will provide repair and overhaul services for the CFM56-5C engines of Iberia's Airbus A340-300 fleet, supplementing the airline's own work on these engines at its own facilities.

In return, Iberia Maintenance will repair and overhaul SR Technics's components from various aircraft fleets. The services covered by the new reciprocal accords will be provided at SR Technics's engine service center in Zurich and at the Iberia Maintenance component center at Madrid's Barajas Airport.

Gerry Timoney, executive vice president of engine services at SR Technics, said: "We are delighted to have signed our first-ever engine services agreement with Iberia. We hope that this will be the beginning of a long and successful partnership between our two companies."