IAI to overhaul Air Canada Boeing 767 fleet

Israel Aerospace Industries will perform maintenance at Ben Gurion Airport.

Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) has signed a five-year maintenance, repair and overhaul (MRO) agreement with Air Canada, for the airline's fleet of Boeing 767s. IAI's Bedek Aviation Group will perform all required maintenance procedures in its facilities at Ben Gurion International Airport. Industry sources estimate the contract to be worth tens of millions of dollars.

The Bedek Aviation Group upgrades and converts passenger airliners, cargo jets, and refueling planes. It has licenses from the aviation authorities of numerous countries, including the US Federal Aviation Authority, which means that the unit meets the strictest standards in the industry.

Published by Globes [online], Israel business news - www.globes-online.com - on March 26, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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