Jet Airways
and European turboprop aircraft manufacturer ATR have signed a new global
maintenance agreement (GMA) for the supply of spare parts and maintenance
services of Jet’s ATR fleet. The GMA, valued at $48 million, extends an earlier
agreement for the next seven years.
Jet
Airways, including its low-cost subsidiary Jet Konnect, at present operates a
fleet of 17 ATRs, and will add four new ATRs soon.
The airline
has been operating ATR aircraft since 1999, and has covered its fleet with GMAs
since the beginning of its partnership with ATR.
“This new
GMA will handle the complete management of the components, including the repair
of line replaceable units (LRUs) and propellers, and the access to ATR advance
standard exchange pool. The service package includes also 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 single channel,” Jet
Airways said in a statement.
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