December 04, 2013
Credit: SR Technics
SR Technics, beefing up its presence in an expanding region, has teamed up with Garuda Maintenance Facility AeroAsia (GMF) to create a component support facility in Jakarta.
The five-year deal calls for the shop to serve as part of the SR Technics Integrated Component Services (ICS) network, handling about 150 part numbers.
Executives say the facility will cut turnaround times for existing customers and better position SR Technics to win new local customers. “This agreement is important for us to expand our regional presence in South-East Asia for component overhauls, and we are very pleased to deepen our relationship with the Garuda Group in Indonesia,” says Mubadala Aerospace MRO Group CEO James Stewart.
SR Technics is part of Mubadala Aerospace network.
Garuda Indonesia has worked with SR Technics services for three decades. The carrier is an ICS customer, using the services for its Airbus A330s and Boeing 737NGs. Those agreements included broadening GMF’s in-house component capabilities, something that the newest venture also includes.
All of it should help the venture reap some benefits from the region’s growth. Traffic for the 15 Association of Asia Pacific Airlines members grew 8.6% in October and was up 5.3% for the first 10 months of the year.
The SR Technics/GMF deal also creates potential competition with Lion Air parent Lion Group’s growing maintenance efforts. Lion Group is building a second heavy maintenance facility in Bantam, primarily to satisfy projected demand for maintenance of its own rapidly expanding fleet.
The carrier has about 100 aircraft in service and 547 more on order, the Aviation Week Intelligence Network Fleets database shows.
Lion Group does very little third-party work now at its Juanda International Airport heavy maintenance operation, but the Bantam Aero Technic facility could change its approach, depending on internal demand. The Bantam facility’s plans include opening both a component and engine shop within four years.