easyJet

easyJet announces acquisition of Malta’s SR Technics

Share

easyJet, Europe’s second-largest budget airline, has revealed plans to acquire Malta-based aircraft maintenance company SR Technics.

SR Technics Malta Ltd, a well-known maintenance, repair, and overhaul (MRO) company, has been operating in Malta since 2010, with easyJet being one of its main clients. The Zurich-based company employs 430 professionals specialising in comprehensive heavy base maintenance services for the Airbus A320 family narrow-body fleet.

SR Technics Malta

The acquisition comes as SR Technics recently invested over €42 million in a new cutting-edge facility in ?al-Farru?. easyJet, with a fleet of 336 Airbus A320 family aircraft, has had a longstanding relationship with SR Technics, which was further solidified with a new three-year contract announced last October.

The acquisition is subject to approval from the Malta Competition and Consumer Affairs Authority (MCCAA), with interested parties invited to submit objections within a seven-day period.

This post was published on 3 May 2024 23:07

André Orban

M. Sc. Engineering

Published by
André Orban

Recent Posts

Greece orders 8 Airbus H215 helicopters to strengthen wildfire response

Athens has signed a deal with Airbus Helicopters for eight H215 helicopters, with options for…

30 April 2025

Air France-KLM Group posts stronger Q1 2025 with €161M operating improvement and €783M free cash flow

Air France-KLM began 2025 with a €161 million year-on-year improvement in operating result, bringing Q1…

30 April 2025

Lufthansa lands Airbus A380 in Denver for the first time

Lufthansa has operated its first-ever Airbus A380 flight to Denver, marking a milestone for both…

30 April 2025

KLM Group Q1 2025: cost-saving measures show early impact amid ongoing challenges

KLM Group reported €2.9 billion in revenue for Q1 2025, up 8% year-on-year, while narrowing…

30 April 2025

Boeing 787 Dreamliner surpasses 1 billion passengers in under 14 years

Boeing announced that its 787 Dreamliner fleet has carried over 1 billion passengers, achieving the…

30 April 2025

IATA March 2025 air passenger traffic summary: Growth continues amid capacity outpacing demand

Global air travel demand rose by 3.3% year-on-year in March 2025, slightly up from February’s…

30 April 2025