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SR Technics tentatively signs to expand Maltese operation

SR Technics has signed a memorandum of understanding with Malta Enterprise and Malta Industrial Parks to "assess the possibility of expanding" operations in the Mediterranean island nation.

The Swiss MRO provider says that, as part of the "nonbinding" deal, Malta Enterprise will consider whether it can make land available at Malta International airport, where SR Technics already has a narrowbody aircraft maintenance centre.

"The parties intend to conclude their assessments with an aim to sign the binding contracts later this year," adds SR Technics.

Chief executive Jeremy Remacha credits Malta with being "an ideal location with a suitable business environment and a highly skilled workforce". He indicates that the company is exploring the case for building "a modern MRO facility which would allow us to significantly increase our capacity over the coming years".

At its current Malta facility, SR Technics performs base and heavy maintenance as well as cabin modifications on Airbus A320-family and Boeing 737 jets.

It also, in co-operation with Aviation Cosmetics Malta, provides lease-end transitioning services for the A319, A320 and A321.

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