SGI Aviation inks a new cooperation agreement with Regional Jet Center

By Akshay Kedari  | Date: 2019-10-17

SGI Aviation inks a new cooperation agreement with Regional Jet Center

The global aviation sector is projected witness exponential growth as global spending on repair, maintenance and overhaul services are expected to rise significantly over the next decade due to an increasing number of people choosing air travel. Thus, the aviation maintenance segment is witnessing various collaborations and acquisitions lately.

One instance of this was observed recently when SGI Aviation Services, a renowned aviation consulting and advisory services firm, reportedly announced that it inked a new cooperation agreement with Regional Jet Center (RJC), aircraft maintenance company based in Netherlands.

Under the cooperation agreement, the companies would perform on-wing maintenance events, engine lease return checks and storage.

The merging of engine redelivery services provided by RJC would strengthen SGI Aviation Services’ global position in helping projects and customers with a wider range of company offered industry leading services.

SGI’s engine team has got extensive global experience for performing redelivery checks of engine, while RJC provides full capabilities to service engines during fixing-on-wing issues or end-of-lease checks.   

The companies together would offer engine lessors a one-stop-shop, offering documentation review which would be conducted by SGI Aviation, and the storage and maintenance conducted by RJC. Customers would also enjoy the benefits offered by SGI’s multi-year experience in the management of redelivery checks for foremost engine lessors as well as RJC’s high quality in maintenance provisioning.        

While talking about the cooperation agreement, Paolo Lironi, CEO of SGI Group stated that the agreement is a very important milestone for SGI’s strategy of offering a greater number of services to its customers.

Lironi added that SGI Aviation would be able to provide a one-stop-shop to its existing engine lessor consumers, which is highly needed in the global engine leasing industry. Additionally, the company’s customers can also benefit from the CAMO services offered by SGI Aviation.

For the record, RJC is a FAA- and EASA- approved Aircraft Repair, Maintenance and Overhaul firm, offering the highest standards of efficacy and safety. Over the timespan of two decades, RJC’s staff has gained remarkable expertise and capabilities while working for European commercial airlines.

RJC staff has extensive planning, engineering as well as operations know-how. Financial details pertaining to the cooperation agreement have not been unveiled yet.

 

Source credit: https://finance.yahoo.com/news/sgi-aviation-further-expands-capabilities-232100084.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More >>

More News By Akshay Kedari

Google Fi confirms data breach, leaking millions of customer’s data

Google Fi confirms data breach, leaking millions of customer’s data

By Akshay Kedari

Google Fi, Google's cell network operator, has reportedly revealed a data breach, which is most likely related to the T-recent Mobile's security disaster, which allowed hackers to leak millions of customers' personal information. The p...

European semiconductor giant ASML forecasts a sales surge for 2023

European semiconductor giant ASML forecasts a sales surge for 2023

By Akshay Kedari

Dutch semiconductor company ASML has reportedly forecast a revenue jump for the year 2023 as the global semiconductor industry anticipates a reacceleration of growth during the second half of this year. According to the firm, its net sales  f...

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

By Akshay Kedari

Following this funding, Interfor's long-term debt will hold a weighted average interest of 5.30% Interfor registered a Net Debt to the Invested Capital ratio of nearly 10% as of October 31, 2022 Interfor Corporation, one of the world...

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

By Akshay Kedari

Leading real estate services and investment company, ESR Group Limited, has recently announced that its exclusively-owned subsidiary, ARA and the Export-Import Bank of China have inked a breakthrough collaboration in a deal worth USD 1 billion infras...

Circularise nabs $11M to bring circular economy to industrial supply chains

Circularise nabs $11M to bring circular economy to industrial supply chains

By Akshay Kedari

Leading software platform, Circularise recently announced that it has raised $11.3 million (€11 million) in funding as part of its Series A round in a bid to advance its mission to bring a circular economy to industrial supply chains. The fun...