VAS Aero Services and SR Technics have announced the extension of their collaborative supply programme agreement for PW4000-100” engine maintenance operations. This extension further cements the strong working relationship between the two industry leaders, ensuring top-tier engine quality and material availability.
The comprehensive agreement encompasses various facets including programme coordination, engine lease pool management, engine dismantlement, parts positioning, repair management, and fulfilment services. By leveraging this partnership, SR Technics based in Switzerland can continue to deliver industry-leading, timely maintenance services on PW4000-100” engines to its airline customers, while also offering a reduced cost of ownership through the utilisation of used serviceable materials.
Under the extended agreement, VAS Aero Services will strategically position engines at SR Technics’ facilities for teardown and whole asset leasing, enhancing operational efficiency and facilitating streamlined maintenance processes.
“The extension of this agreement confirms the value both companies create by working together to improve PW4000-100” maintenance and supply for the benefit of aircraft owners and operators around the globe. We are delighted to expand our long-standing relationship with VAS,” said Fritz Beiner, SVP Procurement at SR Technics.
This cooperative arrangement ensures the availability of spare engines to SR Technics’ customers during maintenance periods, along with maintaining a minimum stock level of serviceable spare parts, thereby enabling cost-effective material management and expedited service for SR Technics’ clientele.
“VAS has enjoyed a close aftermarket material supply relationship with SR Technics for nearly 15 years, and we are excited to take this program to the next level,” said VAS CEO Tommy Hughes. “We continue to invest heavily in assets, such as A330 aircraft being retired by American Airlines, to support this valuable partnership. The result is a unique working relationship that permits us to anticipate SR Technics’ needs and respond quickly to market demands.”