SR Technics and Philippine low-cost carrier Cebu Pacific have signed a 10-year contract for maintenance services on 18 CFM International CFM56-5B engines.
Under the deal, SR Technics will provide engine maintenance services for Cebu's Airbus A320 fleet.
SR Technics says this is its first long-term maintenance services contract in the Philippines, which will be carried out at the company's Zurich facility.
Source: Air Transport Intelligence news
UK advanced propulsion developer Reaction Engines is to close down after it collapsed into administration having failed to secure additional funding.
HAECO and Comac have signed a memorandum of understanding to expand airframe, engine and component MRO services.
CFM International has continued delivering Leap-1B engines to Boeing during the ongoing machinists’ strike, leading to the airframer accumulating an excess inventory of the powerplants.
