Business Irish

Saturday 10 December 2016

Former Irish aviation giant signs EasyJet deal

Sean Duffy

Published 21/10/2016 | 02:30

SR Technics was once one of the largest aviation employers in Ireland, but it pulled its operation here following a strategic review in 2009
SR Technics was once one of the largest aviation employers in Ireland, but it pulled its operation here following a strategic review in 2009

Aircraft maintenance and repair firm SR Technics has announced an agreement to extend its existing contracts with Ryanair rival EasyJet.

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The new agreement will see SR Technics service EasyJet aircraft at Gatwick Airport and in Switzerland. The contracts are set to run for three years.

Jeremy Remacha, SR Technics' interim ceo, said: "Our teams are committed to continue delivering safety, quality and reliability in line with the EasyJet's expectations, enabling the airline to focus on its core business."

SR Technics, with over 3,000 staff, provides maintenance to around 1,000 Boeing and Airbus planes across the globe.

It was announced last July that HNA was to acquire 80pc of SR Technics from Mubadala Development Company, the Abu Dhabi government investment vehicle, which will retain a 20pc stake.

SR Technics was once one of the largest aviation employers in Ireland, but it pulled its operation here following a strategic review in 2009. The decision saw 1,100 Irish staff lose their jobs.

The company services planes through a network of stations in Europe as well as logistics centres in London Heathrow, Zurich, Geneva, Malta, Abu Dhabi, Singapore, Melbourne and Kuala Lumpur.

Ian Davies, EasyJet's head of engineering and maintenance, said: "We are pleased to be signing these agreements which extend our partnership at the key bases in our network.

Earlier this week, SR Technics struck a deal with Spanish carrier Volotia to provide maintainence services to the company's fleet of CFM56-5B aircraft.

SR Technics also recently revealed an agreement with Aviation Cosmetics Malta.

Irish Independent

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