Mumbai: Jet Airways and European turboprop aircraft manufacturer, ATR, recently extended their partnership by signing a Global Maintenance Agreement (GMA), valued at around USD 48 million, for the next seven years. The agreement will handle the complete management of the components, including the repair of Line Replaceable Units (LRUs) and propellers, and the access to an ATR advance standard exchange pool. The service package includes an inventory of spare parts at Jet Airways' premises. With the signature of this agreement, Jet Airways will mainly take advantage of guaranteed spares availability and a large reduction of maintenance costs. The airline will additionally benefit from simplified maintenance procedures, with ATR as the single channel.
Jet Airways, including its subsidiary Jet Konnect, currently operates a fleet of 16 ATR 72-500 and one ATR 72-600 aircraft, and will introduce an additional four ATR 72-600 aircraft into its fleet. The airline has been operating ATR aircraft since 1999 and has covered its fleet with GMAs since the beginning of its partnership with ATR.
10/02/13 TravelBizMonitor
