Defence and security company Saab has signed a five-year contract with the airline British Midland Regional Ltd (BMI Regional) for component maintenance and the repair of BMI Regional’s fleet of Embraer aircraft.
The total value of the contract, for the period 2013-2018, amounts to 105 MSEK and a first order of 65 MSEK has been received. The agreement includes component maintenance and repairs for BMI Regional’s fleet of Embraer 145 and Embraer 135 aircraft. The contract covers 18 aircraft and approximately 400 components.
The services includes a fixed “power by the hour” price, guaranteed turn-around times, engineering services, transportation and a 24/7 service desk.
“A bright future for BMI Regional is in Saab’s long term interests and I strongly believe that this contract is an important milestone in capturing market share in a fiercely competitive market. This will further extend our long-term relationship with BMI Regional and Saab is looking forward to work in partnership with them,” says Lars-Erik Wige, Head of Business Area Support and Services at Saab.
Saab´s Business Area Support and Services offers component maintenance and repairs for commercial aircraft, helicopters and military aircraft on the global market.
BMI Regional operates over 600 flights a week to 17 destinations across theUKandEurope.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.
Source: Saab AB (OMX Stockholm: SAAB B)
Date: Mar 13, 2013