Vietjet selects SR Technics as a strategic partner for Component Services

(Singapore, February 17th, 2016) – Today at the Singapore Airshow 2016, Vietjet has signed an agreement with SR Technics (Switzerland) for Component and Maintenance Services for its A320 family fleet. The contract is worth US$60 millions.

The contract marks a milestone in the relationships between the two companies following the success of CFM56-5B Engine Services initiated in early 2015.

The signing was attended by key officials from Vietjet and SR Technics, as well as Mr. Nguyen Tien Minh, Vietnam’s Ambassador to Singapore and Mr. Nguyen Nhat, Vietnam’s Deputy Minister of Transport.

Speaking at the signing ceremony, SR Technics’ interim CEO Jeremy Remacha commented: “We are honored to be a strategic partner to Vietjet. This agreement further enhances our commitment and demonstrates the continued confidence that both organizations have in each other. We thank Vietjet for their trust in SR Technics, and believe that Vietjet will continue to gain great success in the future.”

Vice President Nguyen Duc Thinh said on behalf of Vietjet: “SR Technics is a world-leading partner in providing advanced MRO services with flexible and committed solutions, which can meet Vietjet’s operation demands.”