Tuesday November 17, 08:42 AM
AIRSHOW-Easyjet, SR Technics in Malta maintenance deal
DUBAI, Nov 17 (Reuters) - British low-cost airline easyJet will perform maintainance on its fleet of Airbus (Paris: NL0000235190 - news) jets in Malta under a new 11-year maintenance deal with SR Technics announced at the Dubai Air Show on Tuesday.
The deal, which will help easyJet reduce its maintenance costs, has a revenue potential of $1.6 billion, the companies told a news conference.
EasyJet (LSE: EZJ.L - news) has a fleet of 157 Airbus aircraft, which it expects to increase to 207 by 2012.
SR Technics, owned by Abu Dhabi investment firm Mubadala, plans to build a new maintenance plant in Malta and will start handling easyJet A319 planes there from the third quarter of 2010.
(Reporting by Tamara Walid; Editing by Amran Abocar) Keywords: AIRSHOW EASYJET/
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