BARCELONA—Joramco plans to make several announcements at MRO Europe, including its announcement about a five-year contract with Norse Atlantic Airways for Boeing 787 aircraft heavy maintenance.
It inducted Norse’s first 787 in September and has completed three heavy checks so far. It expects to receive another one in December and three more in Q1 2025.
“Joramco has a long-history on the 787. We’ve done the first 12-year checks,” says Fraser Currie, Joramco’s CEO. “We expect to see the whole of Norse’s fleet over the next two or three years,” he adds.
Currie says the low-cost carrier is “a very proactive planning organization” and is a new client for Joramco.
The Jordanian MRO has a three-year maintenance backlog. Because of the worldwide demand for maintenance slots, MROs' backlogs have generally lengthened and large carriers are willing to sign long-term contracts to secure those slots.
Currie says Joramco now typically signs 5-10-year maintenance contracts and the hangars are full year-round, opposed to having gaps in the summer.
As part of its five-year strategic plan, Joramco is opening three additional hangars in Amman, Jordan. The first, Hangar 7 to open in December, includes five bays that can handle one Airbus A380 and three narrowbodies, two Boeing 777s or 787s and two narrowbodies, or five narrowbodies.
The MRO should open Hangar 8, the same configuration as Hangar 7, 18 months after Hangar 7 opens, and a paint facility following that. The paint facility can hold a widebody as big as the 777-300 or two narrowbodies simultaneously.
Currie says the five-year investment totals about $100 million.
Related Content
