50 SKY SHADES - World aviation news

FAI reports steady 2024 revenues and advances fleet renewal

Download: Printable PDF Date: 13 Mar 2025 10:54 (UTC) category:
Publisher:
FAI reports steady 2024 revenues and advances fleet renewal - Business aviation publisher
Dana Ermolenko
Country: Germany Aircraft: Airplanes

FAI Aviation Group announced consolidated group revenues of €130M in 2024. This matches the group’s revenues achieved in 2023. FAI continues its fleet renewal programme and has added a second Learjet 60 XR to its 16-strong fleet of Bombardier aircraft. The aircraft (D-CFAQ) replaces one of its four legacy Learjet 60s.  FAI intends to replace all its remaining Learjet 60’s with the XR-Model within the next 24 months. Concurrently, FAI is eyeing Bombardier Challenger 605 and Global 6000 aircraft to replace its existing six legacy Bombardier Challenger 604 and five Global Express BD 700 aircraft, respectively.

FAI announces the closure of its Berlin MRO

In other news, FAI Technik, the MRO division of FAI Aviation Group confirms it will close its Berlin maintenance base at “Willy Brandt” Berlin Brandenburg Airport (BER) by March 31st. The move follows a lengthy period of unsuccessful negotiations with the airport company to acquire lease land for developing a purpose-built state-of-the-art hangar facility.

FAI´s Founder and Group Chairman, Siegfried Axtmann, commented: “Regrettably, our requirement for a brand-new MRO facility at BER in near future was not feasible. The existing structure, which dates back to post Second World War times, no longer met our expectations, nor those of our customers. This, along with the airport´s requirement for a long-term lease agreement and a significant increase in lease fees, made continuing at BER untenable.”

FAI Technik confirms that all of its non Berlin-based clients, which make up more than 95% of the Berlin MRO’s revenue, will be served at its Nuremberg facilities. FAI’s workforce in Nuremberg will be increased accordingly.

FAI Aviation Group will be exhibiting at AERO Friedrichshafen during 9-12 April, 2025 in the new Business Aviation Dome 12 at A2-311.  It will also exhibit a Challenger 604 with brand new interior and equipped with ultra-high-speed internet (Ku Band) on the Static Display (SD-07). FAI`s charter team and experts from the MRO division will be on site to answer delegates’ questions.

 





Recommended

Riyadh Air launches Kuala Lumpur service, establishing its first gateway into Southeast Asia

Riyadh Air celebrated the launch of its inaugural service between Riyadh and Kuala Lumpur, establishing its first gateway into Southeast Asia. The inaugural event was celebrated in both cities, kickin...

America's newest capital gateway unveiled: more than $20 billion transformation at Washington Dulles International Airport

The Metropolitan Washington Airports Authority, United Airlines and the U.S. Department of Transportation announced a landmark transformation for Washington Dulles International Airport with a capital...

The Arriel 2K, the engine powering the Leonardo AW09 helicopter, has received its EASA certification

The Arriel 2K engine that powers Leonardo’s AW09 helicopter, has received its type certificate from EASA. This marks an important milestone towards the entry into service of the AW09, Leonardo&r...

Singapore selects Thales for next-generation AI-powered air traffic management system serving one of Asia’s busiest airspaces

The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...

Android Apps development in Riga, Latvia