Vietjet signs 150-million-USD deal with Swiss MRO service provider

Vietjet and SR Technics, a world leading maintenance, repair and overhaul (MRO) service provider, on November 26 inked a Memorandum of Understanding (MoU) worth 150 million USD involving the provision of MRO services on Vietjet’s CFM56-5B engine fleet, installed on their Airbus A320 and A321 aircraft.
Vietjet signs 150-million-USD deal with Swiss MRO service provider ảnh 1Representatives of Vietjet and SR Technics exchanged the signed MoU under the witness of Vietnam President Nguyen Xuan Phuc (sitting, left) and Swiss President Guy Parmelin (sitting, right). (Photo courtesy of Vietjet)
Bern (VNA) - Vietjet and SRTechnics, a world leading maintenance, repair and overhaul(MRO) service provider, on November 26 inked aMemorandum of Understanding (MoU) worth 150 million USD involving the provision of MRO services on Vietjet’s CFM56-5B engine fleet,installed on their Airbus A320 and A321 aircraft.

The signing ceremonies in Bern, Switzerland, were witnessed by VietnamesePresident Nguyen Xuan Phuc, President of the Swiss Confederation Guy Parmelin,high-ranking officials and business representatives of both countriesduring the Vietnamese leader’s official visit to Switzerland.

Under the MoU, the work on theengines will be carried out at SR Technics' world-renowned facilities at ZurichAirport in Switzerland and in Vietnam. The MoU also includes providing enginemaintenance, technical and training services, component requirements andrepair, and setting up a new Aviation training center, as a joint venturebetween Vietjet and SR Technics.
Vietjet signs 150-million-USD deal with Swiss MRO service provider ảnh 2Representatives of Vietjet and Swiss Aviation Software exchanged the signed strategic cooperation agreement. (Photo courtesy of Vietjet)
Vietjet and Swiss Aviation Software (Swiss-AS), the world’s leading provider ofaviation maintenance solutions based in Switzerland, also signed a strategiccooperation agreement to further extend Vietjet’s adoption of Swiss-AS’smaintenance and engineering solution AMOS to support Vietjet’s fleet.

The two parties will extendtheir cooperation to cover various scopes, strengthening the existing long-termstrategic partnership over the next ten years. Swiss-AS and its relevantsubsidiaries will provide Vietjet the added platform of AMOS mobile/EXEC for aircrafttechnical management on mobile devices, thus allowing full automation anddigitalisation for Vietjet’s engineers.

In addition, Vietjet will usethe system with more capacity and update other AMOS modules to better servein-house management including automation of planning, aircraft scheduling andbudget management, etc. Swiss-AS will also provide the AMOS “train the trainer”program for Vietjet with notable frequency and scale in the coming time.

Speakingat the MoU signing ceremony, SRTechnics' CEO Jean-Marc Lenz said: “Weare very proud that Vietjet is committing to a long-term partnership with SRTechnics. This confirms their confidence in SR Technics’ ability and expertiseto provide best-in-class MRO services including engine maintenance andtechnical and training support in line with the highest benchmarks in theindustry in terms of safety and quality. Therefore, entrusting us to delivertop-quality performance on their engines, proves how strong the foundation ofour future collaboration is. I look forward to visiting the new Aviationtraining center which will be built in Ho Chi Minh City in collaboration withour renowned Vietnamese partner.”

Fabiano Faccoli, ChiefOperating Officer of Swiss-AS, said:“It has been an honour for Swiss-AS to support Vietjet in its impressive growthover the last decade. Swiss-AS is looking forward to further strengthening theexcellent partnership and, through its AMOS product suite and services, beinstrumental in digitalizing Vietjet’s Technical Operation. Swiss-AS shares Vietjet’scustomer-focused strategy and is keen to support Vietjet tofurther improve productivity and quality through innovation, technology andcreativity.”

Meanwhile, Vietjet ManagingDirector Dinh Viet Phuong said: “The signed agreements between Vietjet and our strategicpartners today pave the way for further development, especially in the processof transferring and adopting aviation technologies and setting up aviationacademy to positively contribute to the development of Vietnam’s aviationindustry. We cherish the cooperation, which has been nourished by along-standing relationship between Vietnam and Switzerland and especially onthe occasion of the Vietnamese President’s official visit to Switzerland.”

Vietjet has a comprehensiveflight network in Vietnam and across Asia Pacific. Weathering through thepandemic, the airline has resumed its domestic flight network and operated aseries of international flights from and to Vietnam while looking to furtherexpand operation across continents in the near future. Vietjet operates a new,modern, and fuel-efficient fleet with technical reliability rate among topoperators in the region and the world. Vietjet’s growth is associated with thedevelopment and integration of Vietnam’s aviation industry and highlightedthrough global-scale partnerships with technical and aviation technologycompanies such as Switzerland-based SR Technics and Swiss-AS.

Known as anew-age carrier, Vietjet has not only revolutionised the aviationindustry in Vietnam but also been a pioneering airline across the region andaround the world. With a focus on cost management ability, effectiveoperations, and performance, the carrier offers flying opportunities withcost-saving and flexible fares as well as diversified services to meetcustomers’ demands.

Vietjetis a fully-fledged member of International Air Transport Association (IATA)with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largestprivate carrier, the airline was awarded the highest ranking for safety with 7stars in 2018 and 2019 by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financingand operations by Airfinance Journal in 2018 and 2019. The airline hasalso been named as Best Low-Cost Carrier by renowned organizations such asSkytrax, CAPA, Airline Ratings, and many others./.
VNA

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