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ACTS secures USD$200 million component maintenance agreement for JetBlue Airways

ACTS announced that it has secured a ten year agreement for component maintenance support of JetBlue's Airbus A320 fleet.


September 19, 2007
By Carey Fredericks

MONTREAL, April 25 /CNW Telbec/ – ACTS (Air Canada Technical Services) today announced that it has secured a ten year agreement for component maintenance support of JetBlue's Airbus A320 fleet. The agreement, representing an estimated value of USD$200 million over its lifetime, is the largest component maintenance contract for ACTS, a unit of ACE Aviation Holdings Inc. ACTS will provide two-thirds of the total component maintenance services for JetBlue's current fleet of 89 Airbus A320 aircraft, which is
expected to grow to 183 aircraft by 2011. Work will be performed at ACTS's Montreal components facility. This agreement builds on ACTS's A320 airframe maintenance business relationship with JetBlue which has been in place since August 2003.

"We are delighted to announce the strengthening of our business partnership with JetBlue," said ACTS President and Chief Executive Officer, Chahram Bolouri. "JetBlue is one of the world's premiere low cost airlines, and we appreciate the ongoing confidence they have shown in us as maintenance providers. A major new contract such as this, together with the extension of our existing relationship with JetBlue, reflects ACTS's commitment to providing quality service and technical expertise in a number of fleet types including the Airbus A320 family."

"ACTS continues to play a key role in helping us meet our growing operational and maintenance requirements," said Dave Ramage, Vice President, Technical Operations, JetBlue. "We look forward to an ongoing partnership with ACTS for many years to come." Headquartered in New York, JetBlue is a major U.S. low cost carrier serving 35 destinations with more than 430 daily flights.