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.
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
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