SWISS and SR Technics refer their dispute regarding their maintenance contract to a court of arbitration

06. October 2004

Swiss International Air Lines Ltd. and SR Technics Switzerland have referred their dispute over the interpretation of their present „full-support“ maintenance contract to an arbitration process subject to Rules of Arbitration of the International Chamber of Commerce (ICC).

The issues to be referred to the court are essentially of a commercial nature. Both parties will continue to fully observe the terms and conditions of their present maintenance contract, thereby ensuring that the high safety standards of the SWISS Airbus fleets, which are under SR Technics’ care, are maintained throughout these proceedings.

Despite the ongoing arbitration proceedings, SWISS and SR Technics will work closely together in order to solve the conflict in a mutually acceptable fashion.

The arbitration process may take some time. In view of this, the parties have agreed not to comment on it until further notice.