SR Technics has concluded a ten-year contract for an Integrated Airline Solutions (IAS) support package with Eastar Jet, the new low-cost carrier based in South Korea. The agreement, which was signed at the MRO Asia Exhibition & Conference in Singapore today, is effective from October 15, 2008.

Under the new ten-year IAS agreement, SR Technics will provide full technical support for Eastar Jet's fleet of Boeing 737 Next Generation aircraft. This includes Fleet Technical Management, Integrated Component Services and Integrated Engine Services as well as APU and landing gear support.

"We are delighted to support Eastar Jet with our expertise and experience," said Peter Kamenz, SR Technics' Executive Vice President Sales & Marketing. "SR Technics provides the ideal technical services platform for a start-up carrier like Eastar Jet, allowing it to fully concentrate on its core business operations."

"I am very pleased that we can sign this maintenance contract with SR Technics today," added General Yang Hae-Gu, President & CEO of Eastar Jet. "Teaming up with a world-class MRO provider gives us the basis we need for the safe and reliable operation of our aircraft; and Eastar Jet is taking another important step here towards becoming Korea's leading low-cost carrier."

With its integrated solutions approach, SR Technics can tailor its products and services precisely to the specific wishes and needs of each airline customer. As the spearhead of this solutions model, Integrated Airline Solutions (IAS) can combine all services including maintenance, logistics, pooling, fleet technical management, engineering and other associated technical services into a single tailor-made solution.