Storm Aviation Limited acquires UK line station network from SR Technics

Storm Aviation Limited, a leading international provider of line & base maintenance services and training, a subsidiary of FL Technics, and a part of a global aerospace business group Avia Solutions Group acquired the United Kingdom-based line station network from MRO service provider SR Technics.

SR Technics UK line station network provides fully supported aircraft turnaround services, including planned and casualty maintenance, transit, pre-departure, and overnight defect rectification as well as other checks for most commercial types of aircraft. The assets transferring to Storm Aviation Limited ownership include five UK-based line stations located in London Heathrow Airport, Gatwick Airport, Stansted Airport, Manchester Airport, Birmingham Airport along with tooling, loan, repair, and calibration center in Stansted Airport.

Jakob Straub, SVP of SR Technics Aircraft Services commented: “As part of the consolidation process in the UK, SR Technics is pleased that we could transfer the majority of our line stations to STORM aviation”

The transaction strengthens Storm Aviation Limited's international network of line stations and adds two new locations – Stansted Airport and Birmingham Airport. Together with its parent company FL Technics and other group companies, Storm Aviation Limited offers line maintenance services at 70 airports globally and base maintenance services at 5 locations.

 As well as expanding its network of airports, Storm Aviation Limited welcomes several new clients to its business, including United Parcel Services Co. (UPS), China Eastern Airlines, and Hainan Airlines.

Thomas Buckley, CEO of Storm Aviation Limited commented: “We are thrilled to join teams with SR Technics UK’s valued aircraft maintenance professionals and welcome a number of esteemed customers to Storm Aviation Limited. This transaction is an important step in strengthening Storm’s trusted network of line stations and to ensure that airlines landing at UK’s major airports continue to receive top-quality engineering support.”

Zilvinas Lapinskas, CEO of FL Technics, said: “The agreement between Storm Aviation Limited and SR Technics has a potential to deliver significant synergies for the combined business. While global aviation continues to face significant headwinds, I am hopeful that by joining forces we will be better positioned to endure the ongoing disruption, and, most importantly, take advantage of the eventual recovery.”

About Storm Aviation Limited:

Storm Aviation Ltd is a UK-registered MRO company operating under UK-issued EASA Part-145 and EASA Part-147 Approvals. It provides an excellent standard of tailored line maintenance services in Europe and around the world.

The company provides a tailored range of services including line & base maintenance, training (both mandatory EASA Part-145 and EASA Part-147), AOG support, cabin services, consulting, and Part-M. Its reliable services are currently valued and used by more than 50 airlines.

Storm Aviation is a subsidiary of FL Technics, a global provider of aircraft maintenance, repair, and overhaul (MRO) services, and a family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe offering aviation services worldwide. For more information, visit: www.stormaviation.com

About SR Technics:

SR Technics is a world-leading MRO service provider for the civil aviation sector. The company offers comprehensive and fully customized solutions for the technical support and management of aircraft fleets, engines, and components.

Headquartered at Zurich Airport, SR Technics provides services to over 500 airline customers through a network of international operations and sales offices in Europe, America, Asia, and the Middle East. For more information, visit: www.srtechnics.com

About FL Technics:

FL Technics is a global provider of aircraft maintenance, repair, and overhaul (MRO) services. The Company specializes in base & line maintenance, spare parts & component support, engine, APU & LG management, full aircraft engineering, and technical training. FL Technics is an EASA Part-145, Part-M, Part-147, Part-21 as well as FAA-145 certified company with hangars in Lithuania, Indonesia, and China as well as line stations around the world.

FL Technics is a family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe offering aviation services worldwide. With 83 international offices and production sites, it unites a team of more than 7000 professionals providing state-of-the-art solutions to the aviation industry and beyond. For more information, visit: www.fltechnics.com