SR Technics is expanding its aircraft maintenance facility in Malta and plans to build a new six-bay hanger. Construction will begin this year, with a scheduled completion date of November 2019 for the first four bays.
The MRO company signed a contract with Malta Enterprise and Malta Industrial Parks Limited for the project, as a follow up to the MoU that had been signed in May last year. According to the agreement, Sr Technics will build a 30,000 sqm, six-bay hangar facility for narrow- and wide-body aircraft at Malta International Airport.
The new facility will enable SR Technics to increase its capacity for heavy maintenance, C-checks and any cabin modifications or retrofits to up to six narrow-body aircraft at a time. Operations will initially focus on the Airbus A320 family and the Boeing 737NG. To handle demand while the new hangar is being built, SR Technics will incorporate a third bay as of November 2018 in a temporary hangar next to the existing facility.
SR Technics will hire and train approximately 350 new employees including B1 and B2 engineers, structure mechanics and technicians to join its workforce. The Malta facility will continue to support both SR Technics’ strategic operations in Europe and the overall aerospace strategy of its shareholders.
“Malta is ideally located to further grow our aircraft maintenance business in the region,” said Frank Walschot, Chief Executive Officer at SR Technics. “The state-of-the-art hangar enables us to continue providing efficient and high-performance maintenance services based on safety, quality and reliability, and to deliver aircraft on schedule.”
Apart from the maintenance of the Airbus A320 family and the Boeing 737NG at Malta, SR Technics also provide Lease-End Transitioning Services (LETS) for the Airbus A320 family and Boeing 737NG.