Agreements

Spirit AeroSystems and Joramco to provide joint MRO services in the Middle-East

Spirit AeroSystems and Joramco to provide joint MRO services in the Middle-East.
Spirit AeroSystems’ revenues from aftermarket business have shown growth from $186 million in 2019 to $239.9 million in 2021.

A team of engineers and experts from Spirit AeroSystems and Joramco will be formed to support the needs of operators, and shops, and develop new repair processes as needed.

Spirit AeroSystems, Inc. made an official announcement at MRO Europe in London about the signing of a Memorandum of Understanding (MOU) with Joramco, an Amman-based maintenance, repair, and overhaul (MRO) provider. Joramco is the engineering arm of Dubai Aerospace Enterprise (DAE) tasked with the responsibility to explore cooperation in providing a wide range of repairs to and services of composite and metallic aerostructures to customers in the region.

A team of engineers and experts from both companies will be formed to support the needs of operators, and shops, and develop new repair processes as needed. Spirit AeroSystems’ revenues from aftermarket business have shown a positive movement upwards with a growth from $186 million in 2019 to $239.9 million in 2021.

“We are eager to begin structural repair MRO operations in the Middle East and look forward to working with Joramco,” said Kailash Krishnaswamy, Senior Vice President, Spirit AeroSystems Aftermarket Services. “Together, we will be able to offer better value to our customers in the region by leveraging our structural engineering expertise,” he further added.

Joramco, the MRO services provider for aviation companies is based at Queen Alia International Airport in Amman, Jordan, and carries experience of being in business for over 50 years. The company has built a decent track record as an independent commercial aircraft maintenance, repair and overhaul facility which serves a wide range of customers in the Middle East, Europe, South Asia, and Africa.

The company offers support services on several aircraft models from the Airbus, Boeing, and Embraer fleets. Joramco has been awarded certification by many international regulatory authorities which includes the European Aviation Safety Agency (EASA), the U.S. Federal Aviation Administration (FAA) and the Jordanian Civil Aviation Regulatory Commission (JCARC).

Fraser Currie, CEO, Joramco said, “We at Joramco are proud to announce our MOU with Spirit AeroSystems. Our clients are accustomed to receiving high-quality maintenance and repair and this new development will further fulfill our promise to them. Together, we will explore exchanging expertise and improve our current services and acquire new ones that are in demand in the region.”

Spirit’s Aftermarket business has continued to grow across the globe since the company in 2021completed the acquisition of select Bombardier maintenance, repair and overhaul operations in Belfast, Northern Ireland, and Casablanca, Morocco and the acquisition of assets from Applied Aerodynamics in Dallas, Texas, USA.

Spirit Aftermarket services, since 2022 has opened Spirit Evergreen Aftermarket Solutions (SEAS), a joint venture with Evergreen Aviation Technologies Corp. in Taiwan; signed an agreement with Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) to be the Spirit Authorized Repair Center in Mainland China. The company is also exploring an opportunity with Malaysia Airlines Berhad (MAB) to develop maintenance, repair and overhaul services for the 737 Next Generation Aircraft.