Dec 20, 2016 (LBO) – TS&S Aerospace, a maintenance, repair and overhaul (MRO) provider for aircraft engines in the Middle East, has been selected by SriLankan Airlines to service the Trent 700 engine.
The Rolls-Royce (R-R) Trent 700 is a three spool high bypass turbofan aircraft engine, commonly used in Airbus A330 and is the first variant of the family of Trent engines.
TS&S Aerospace said in a statement that it is the first independent aviation provider to overhaul a Trent 700 engine, offering SriLankan Airlines a bespoke shop visit structure minimizing expense and ensuring compliance with lessor requirements.
“SriLankan Airlines awarded this contract to TS&S Aerospace after careful consideration of its capabilities as an MRO, turnaround time and cost, which we feel matches our requirements best,” CEO of SriLankan, Captain Suren Ratwatte said without revealing the contract value.
“We are confident that this will be a win-win situation for both parties and look forward to a mutually fruitful relationship.”
As per analysis carried out in 2012, Asian operators make up 48.5 percent of the MRO market by number of projected overhauls, and 48.2 percent of the projected value.
In 2012, Aviation experts projected that the three-year overhaul market value for the Trent 700 in Asian markets at 984.4 million US dollars through the first part of 2015.
Currently the only independent Trent 700 MRO facility worldwide, TS&S Aerospace works in partnership with major original equipment manufacturers (OEMs) including Rolls-Royce, GE Aviation and International Aero Engines.
It provides a variety of engine maintenance services across multiple major platforms, including Airbus, Boeing and other light aircraft.
Commenting on the announcement, CEO at TS&S Aerospace Abdul Khaliq Saeed said the signing of the contract with SriLankan Airlines signifies a landmark milestone for them.
“The win demonstrates TS&S’s Aerospace’s ever-growing capabilities as a world class MRO provider and offers opportunities for independent lessors, owners and operators to maintain Trent 700 engines,” Saeed said.
“As we build and strengthen our capabilities in Abu Dhabi, we are also supporting the development of the Emirate as a key aviation hub in the region and internationally.”
TS&S Aerospace said as part of its business strategy, it works closely with both airlines and lessors and has stayed an independent service provider delivering tailored solutions for the industry.