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STARLUX AIRLINES SELECTS TRIUMPH FOR WHEEL AND BRAKE MAINTENANCE, REPAIR AND OVERHAUL (MRO) SUPPORT

Triumph Group (TGI) has secured a two-year contract for wheel and brake maintenance from STARLUX Airlines, focusing on their A350 XWB fleet.

(Moderate)

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Rhea-AI Summary

Triumph Group (TGI) has secured a two-year contract for wheel and brake maintenance from STARLUX Airlines, focusing on their A350 XWB fleet. This new award marks the third collaboration with STARLUX, following similar contracts for A321neo and A330neo jets. The maintenance work will be conducted at Triumph's facility in Chonburi, Thailand. STARLUX Airlines, which commenced operations in 2018, plans to expand its fleet with A350 XWB deliveries starting in Q4 2022 to enhance its North American network.

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Positive

  • Awarded a two-year maintenance contract with STARLUX Airlines for A350 XWB fleet.
  • Third contract with STARLUX, indicating trust and ongoing partnership.
  • Expansion of service offerings in the Asia Pacific region.

Negative

  • None.
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BERWYN, Pa., June 28, 2022 /PRNewswire/ -- Triumph Group (TRIUMPH) [NYSE:TGI], announced today that its Product Support business was awarded a two-year wheel and brake maintenance and repair contract from STARLUX Airlines for their A350 XWB fleet.  This work will be accomplished at TRIUMPH's location in Chonburi, Thailand.  This is the third award for TRIUMPH with STARLUX Airlines for wheel and brake maintenance, with previous awards on the A321neo and A330neo fleets.  

STARLUX, a Taiwan-based airline, established in 2018, operates A321neo, A330neo and A350 XWB aircraft fleets. In Q4 2022, it will begin accepting delivery of A350 XWB aircraft to expand its network to North America in 2023.

"We appreciate the opportunity to support STARLUX Airlines and the confidence they have in TRIUMPH," said Jim Berberet, President of TRIUMPH Product Support.  "We continue to expand our service offerings and customer base across the Asia Pacific region and working with customers like STARLUX, supports that expansion."

TRIUMPH Product Support in Asia (TASA), the first Thailand-based MRO station to receive EASA DOA Part 21J approval for nacelle components design and validation, conducts repairs and overhauls a wide range of complex aircraft structures and components such as engine nacelles, flight control surfaces and various aircraft accessories.

TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.

Cision View original content:https://www.prnewswire.com/news-releases/starlux-airlines-selects-triumph-for-wheel-and-brake-maintenance-repair-and-overhaul-mro-support-301576862.html

SOURCE Triumph Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recent contract did Triumph Group (TGI) secure with STARLUX Airlines?

Triumph Group (TGI) secured a two-year wheel and brake maintenance contract for STARLUX Airlines' A350 XWB fleet.

What is the significance of the contract awarded to TGI by STARLUX Airlines?

The contract is significant as it represents the third award from STARLUX Airlines, demonstrating a strong ongoing partnership.

Where will the maintenance work for STARLUX Airlines be conducted?

The maintenance work will be conducted at Triumph Group's facility in Chonburi, Thailand.

What aircraft models does STARLUX Airlines operate?

STARLUX Airlines operates A321neo, A330neo, and A350 XWB aircraft fleets.

When will STARLUX Airlines begin receiving A350 XWB deliveries?

STARLUX Airlines will begin receiving A350 XWB deliveries in Q4 2022.

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