Iberia has won a contract for the maintenance, repair and overhaul of the CFM56-5B engines, which power the British Airways’ Airbus A318 aircraft used on the London City - New York JFK service. The contract is for a five-year period.
The Spanish airline has an extensive experience as a CFM56-5B operator in its Airbus fleet and also as an Engine MRO provider. This new contract will further expand the Iberia Engine MRO Business, which has been growing steadily in the last years 5 years by a 12% per year up to the 200 engines yearly production target achieved in 2011. 70% of this engine activity is devoted to third party engine services.
Jose Luis Ruiz de Castañeda, Iberia Maintenance & Engineering Senior V.P. said: "It is a great honour for us to be awarded with this contract. Iberia Engine Shop relationship with British Airways started seven years ago with the RB211-535 contract for their B757 fleet and since then we have been committed to deliver the highest service level demanded by this high class customer."
Iberia Maintenance maintains the Iberia fleet and those of another 100 clients around the world. In 2010, it carried out a total of 122 C and C checks, along with inspections and repairs of 200 aircraft engines and more than 53,000 components. During the MRO Europe Fair celebrated in Madrid, Iberia Maintenance has signed an agreement with GE Aviation that will allow the airline to provide GE-approved maintenance and repair services on CF34-8C/E engines.
About Iberia: Iberia is Spain's largest air transportation group, and following its merger with British Airways in January, 2011, it is now Europe's third-largest and the world's sixth largest in terms of sales. In addition, Iberia is market leader on routes between Europe and Latin America, with the largest offer of destinations and frequencies. Every day Iberia, its franchise partner Iberia Regional/Air Nostrum, and British Airways operate nearly 1,750 flights to 204 destinations in 121 countries. Together their fleets 348 total aircraft, and in 2010 they carried some 55 million passengers. For more information, please visit grupo.iberia.es.
