15 April, 2013
Emirates selects IFS Applications to manage new engine overhaul facility
IFS, the global enterprise applications company, announces that Emirates, one of the world’s fastest growing international airlines with one of the youngest fleets in the sky, has selected IFS Applications™ 8 to manage its new engine overhaul facility in Dubai, UAE. The solution will support all business processes including maintenance, repair and overhaul (MRO), and corporate performance management (CPM). The contract includes licenses and services worth in excess of US$6 million.
In 2011, Emirates announced the construction of Asia’s most technically sophisticated engine overhaul facility in Dubai. The facility will cover 90,000 square meters and will serve as Emirates’ in-house engine overhaul facility.
IFS Applications will support all operations at the overhaul facility, which, when fully operational, will service up to 300 engines per year. The solution includes IFS’s Complex Assembly MRO feature, which has previously been delivered to Finnair and Alitalia Maintenance Systems. The solution also offers advanced CPM capabilities and integrated support for finance and HR.
“Emirates is one of the world’s most dynamic airlines and its new engine overhaul facility will undoubtedly set new industry standards in MRO process efficiency,” said Ian Fleming, Managing Director, IFS Middle East, Africa and South Asia. “We are proud to be a part of this project, which reaffirms our leading position in the Aerospace industry.”
The implementation will be completed in the first half of 2014.
Emirates (www.emirates.com) is one of the fastest growing airlines in the world and has received more than 500 international awards for excellence. Emirates flies to 132 destinations in 77 countries across six continents. Emirates operates 198 wide-body Airbus and Boeing aircraft and has orders for an additional 200 aircraft, worth over USD$71 billion.
IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,100 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.
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IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on April 15, 2013, at 9:30 a.m. CEST.