PAL selects SR Technics and AerFin for A340 fleet

Philippine Airlines has selected SR Technics to provide Total Engine Solution requirements for the carrier’s A340-300s, with AerFin providing end-of-life fleet solutions responsible for the provisioning of CFM56-5C4 engines and spares. SR Technics and AerFin will be providing services to Philippine Airlines under their jointly managed and marketed solution called Beyond.Fleet.Services, a product suite which extends the life of maturing fleet, reduces current operating costs for engines, airframe and component maintenance. SR Technics will handle the maintenance and repair services for CFM56-5C engines as well as component-related services while AerFin will make available finance and leasing schemes and a steady supply of components in cooperation with SR Technics. The customized package will be summed up in one contract with a single point of contact thus ensuring an integrated and seamless end-of-life solution.