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SR Technics and Bamboo Airways Sign MoU

Our Bureau - : Feb 19, 2022 - : 5:33 am

SR Technics and Vietnam-based airline Bamboo Airways have signed a Memorandum of Understanding (MoU) to work together in the development of solutions being advanced by both companies.

The MoU, signed at the Singapore Airshow 2022, will allow the companies to explore areas of cooperation including CFM56-5B engines, training services, and also providing technical services and component services by STRADE. The total value of its multiple cooperation would lead to around USD 60 million of signed deals.

The signing ceremony was attended by representatives of two companies, high-ranking dignitaries, and business representatives of both countries.

“We are thrilled to welcome Bamboo Airways as a new SR Technics customer and look forward to meeting and exceeding their expectations,” said SR Technics CEO Jean-Marc Lenz. “I am pleased that with this MoU we will further support our commitment to provide best-in-class MRO services in the aviation world. We look forward to the future development of our partnership. This will impact the growth and strengthen Vietnam’s competitive position in serving the worldwide aviation MRO industry.”

“With the prestige and experience of SR Technics, we strongly believe the agreement with SR Technics’ engines and other maintenance services for Bamboo Airways’ fleet will help enhance our operation capacity, service quality as well as competitiveness on potential international flight routes in the future.” said Nguyen Khac Hai, Deputy General Director of Bamboo Airways.

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