During the last few years, the aviation industry in Latin America has been subject to impressive growth rates. Currently operating a total of nearly 1 600 aircraft, Latin American airline fleets have expanded substantially during the last years, and are expected to grow by another thousand aircraft in another decade, TeamSAI projects. However, while new aircraft and constantly rising demand spell good news for operators, this appears to not be the case for maintenance providers.
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, is further expanding its client base in Europe and Asia by signing a Base Maintenance agreement with a Turkish low-cost carrier Pegasus Airlines. Under the agreement, FL Technics will provide Base Maintenance support for the carrier’s Boeing 737 NGs.
As the number of airlines switching to quieter, larger and more efficient aircraft grows, Honeywell estimates that the number of current generation narrow-bodies sent for dismantlement has increased by 40% over the past three years. Moreover, as next generation aircraft come into service the discarded numbers are likely to increase even further. However, while the activity in the segment increases, the actual profitability of such business is in question.
Forty years after the first flight of the F-16 prototype, the Air Forces worldwide are increasingly counting on the F-35 to replace the planes they're flying today. However, with F-35 being 7 years behind schedule and $163 billion over budget, the Lockheed Martin F-16 Fighting Falcon is currently enjoying an unexpected renaissance. As a result, the average age of currently operated military aircraft is increasing and the machines are becoming increasingly expensive to maintain and operate.
FL Technics, a global provider of tailor-made aircraft maintenance, repair and overhaul services, continues to expand the scope of its activities in the global market. Following the expansion of its total hangar capacity to over 30 000 sq. m., the company‘s management has confirmed plans to introduce Airbus A330 aircraft type to its EASA Part 145 certificate. The certification is expected to be carried out by summer 2016.