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SR Technics announces five-year contract renewal with Allegiant Air to service CFM56-5B engines

SR Technics, a world-leading Maintenance, Repair, and Overhaul (MRO) service provider, is pleased to announce the renewal of its contract with Allegiant Air, a United States-based low-cost airline, for the next five years. Under the terms of the new agreement, SR Technics will continue to provide heavy shop visit support for Allegiant’s fleet of CFM56-5B engines.

The airline, headquartered in Las Vegas, currently operates a fleet of over 120 A319/A320 aircraft and is further expanding its fleet with Boeing 737 MAX aircraft. As a rapidly growing airline, Allegiant has relied on SR Technics’ proven expertise and high-quality services to support its expanding operations in a cost-effective manner since 2019.

“We are delighted to extend our long-standing partnership with Allegiant Air,” said Owen McClave, CEO of SR Technics. “This contract renewal underscores the trust and satisfaction Allegiant has in our ability to deliver industry-leading engine maintenance services since 2019. We are excited to continue supporting their growth and success in the competitive U.S. aviation market.”

The renewal follows the successful execution of SR Technics’ previous contract, during which the company completed numerous shop visits and engine services for Allegiant’s fleet. The new agreement, effective immediately, includes ongoing maintenance for Allegiant’s CFM56-5B engines, ensuring the continued performance and reliability of the airline’s growing fleet for the next five years.

“We are excited to continue our partnership with SR Technics,” said Asad Shaikh, Vice President, Fleet and Corporate Finance of Allegiant Air. “This agreement reinforces our commitment to safety, reliability, and operational excellence. Allegiant is thrilled to build on the foundation of this successful partnership to ensure the highest standards are met for our fleet.”

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