SR Technics renews contract with Kuehne + Nagel for five more years

Zurich / CH, February 21, 2011 – SR Technics, one of the world’s leading providers of technical solutions for airlines, has renewed its contract with Kuehne + Nagel in the field of aviation logistics.

For more than 15 years Kuehne + Nagel has been supporting the globally operating SR Technics Group with industry specific services. As a leading, independent airline technical solutions provider with capabilities covering most Airbus and Boeing aircraft types, SR Technics manages a diversified global customer base including major airlines, aircraft leasing companies and original equipment manufacturers. The group maintains globally more than 800 aircrafts with almost 80,000 different components.

”With our extensive network of partnerships and line stations, it is of utmost importance that our supply chain works smoothly like a Swiss clock,” said Felix Ammann, SR Technics’ Senior Vice President Procurement & Material Services. “Kuehne + Nagel, with its global transportation network, its dedicated aviation logistics specialists and best-in-class processes as well as its powerful information technology, is a reliable partner in fulfilling our high requirements.”

“We consider the relationship with SR Technics as a strategic partnership,” said Manfred Schellhammer, Managing Director of the Kuehne + Nagel AG in Switzerland. “The extended cooperation underlines the attractiveness of our ‘Supply the Sky’ concept, which covers competencies throughout the entire aircraft lifecycle – from individual aircraft-on-ground management through to performance-based supply chain solutions.”

About SR Technics
SR Technics is one of the world’s leading independent providers of technical services for the civil aviation sector. The SR Technics Group offers its customer airlines comprehensive and totally-tailored solutions for the technical support and management of their aircraft fleets, engines and components. With its head office at Zurich Airport, SR Technics provides its services to about 500 airline customers through an extensive network of international operations and sales offices in Europe, Asia and the Middle East. SR Technics is majority owned by Mubadala Development Company.

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About Kuehne + Nagel

With more than 56,000 employees at 900 locations in over 100 countries, the Kuehne + Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based supply chain management services.

In Switzerland, Kuehne + Nagel operates more than 17 locations with over 300 employees.

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