Aviation news analysis
50 SKY SHADES - World aviation news

FAI Technik reports record results in 2017

Download: Printable PDF Date: 27 Feb 2018 08:06 categories:
Publisher:
FAI Technik reports record results in 2017 - Maintenance / Trainings publisher
Tatjana Obrazcova
Country: Germany Aircraft: Airplanes

The MRO division expands capacity and completes most challenging conversion project to date 

FAI Technik, the maintenance division of Germany’s FAI Aviation Group, has reported record financial results in 2017 achieving revenues of €9.7M for the first time in the company’s history. The division’s revenues mark a significant increase of 40% compared with 2016. 

Siegfried Axtmann, FAI Group Chairman, comments: “We are extremely pleased to close the year with record results. Our excellent performance was driven by our ability to expand our capacity to meet a growing demand for MRO-services. I am very proud of our organization as we continue to develop our MRO-business.”

The company inaugurated its new 4,500 m2 carbon neutral Hangar 8 last year, the largest general aviation hangar complex in Germany complementing its existing 2,000 m2 Hangar 6 and 3,000 m2 Hangar 7.                                                                                                                      

FAI Technik’s strong performance has also been buoyed by its ability to take on more challenging projects. The Nuremberg-based MRO which is supported by some 60 full time staff has recently succeeded in undertaking its most expansive and challenging project to date. 

FAI Technik has completed a 6,000-man-hour cabin conversion of a classic Global Express aircraft for a corporate client including the installation of an XRS cabin including a 180-month inspection and paint.

The MRO has also just completed a combined 96 and 192 month inspection as well as a full cabin refurbishment and new paint on a Challenger 604 on behalf of German GA Operator, Air Independence.

Currently in progress for the same customer is another full cabin refurbishment of a Global Express, including the fitting of a Batch 3 Honeywell avionics upgrade to enhance the existing features and capabilities; the introduction of mandatory ADS-B Out technology and high-speed internet, among other technical modifications to meet EASA standard.
Furthermore, this month, FAI Technik completed its first combined 12 year/12,000 hour inspection of a Learjet 60, having already complied with several 12 year inspections on Learjet aircraft in the past.

“Looking forward, our team remains focused on extending our remit and capabilities and delivering excellent results for our customers. We anticipate taking on more challenging MRO projects as we continue to grow in 2018.”



Loading comments for FAI Technik reports record results in 2017...


Recommended

First Embraer Praetor 600 Transatlantic Crossing, Powered by Sustainable Alternative Jet Fuel

Business aviation professionals are looking forward to see and to know better Embraer Praetor 600 at EBACE 2019. let's have a look at the journey this aircraft made to get to Geneva.The j...

To Save Fuel and Reduce Their CO2 Emissions SmartLynx Airlines Implements OpenAirlines' Software SkyBreathe

SmartLynx Airlines, ACMI operator and charter service provider based in Latvia, announced the successful implementation of OpenAirlines' SkyBreathe® eco-flying solution to pursue their co...

Viability of Sustainable Alternative Jet Fuels by Global Business Aviation Coalition

Climate change, alternative jet fuel, CO2 emission... There is a lot of discussions of what and how to d in order to get better for the safety of our planet. The most important thing is to really do!...

Welcome Textron Aviation at EBACE 2019

Are you ready to see the latest of business aviation industry? To find out about latest innovations, latest achievement, idustry changing initiatives? So let us to give you sone informationa regard...