ATW Daily News
SRT, IAE sign support deals with Etihad worth up to $550 million
Friday November 20, 2009SR Technics' contract with Etihad Airways announced earlier this week in Dubai is worth up to $250 million. Under the 10-year Integrated Component Services contract, SRT will handle component exchange, MRO, engineering and logistics services, access to SRT's components pool and component management for Etihad's current Airbus fleet of more than 40 A320s, A330s and A340s as well as future deliveries.
EY's separate agreement with International Aero Engines is potentially worth $200 million. The deal covers comprehensive engine overhaul and repair service for V2500s powering the carrier's existing Airbus single-aisle fleet, a total of 30 engines (including two spares) for 12 A320s and two A319s.
Other headlines:
- BA sets strike schedule as government weighs in
- Swiss leads Lufthansa's airline pack
- CO becomes final US legacy to pull complimentary domestic food service
- FAA issues emergency AD on 737 elevator tab control mechanisms
- American cancels 75 pilot furloughs planned for April 1
- Lufthansa plans continuing cabin upgrades
- Fourth Dreamliner takes off
- British Airways cabin crew to strike for seven days this month
- Gol swings to $504 million 2009 profit with reoriented network
- AA contends with FAA's proposed fines, unhappy unions
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