Avia Solutions Group Established New Representative Office in Kuala Lumpur

Nov. 30, 2011

Avia Solutions Group, a group of business aviation companies, together with its subsidiary FL Technics is further strengthening its position in the global aviation technical support and maintenance market and is set to open its first representative office in Kuala Lumpur by the end of this year.

‘FL Technics aims at becoming a local company operating globally; therefore establishing an office in the Asia Pacific region marks the fulfilment of one of the strategic steps towards encompassing the company’s vision. The current forecasts suggest that the thoroughly planned entrance into the Asian market shall certainly pay off. The regional demand for aviation services is on a stable increase and the company cannot miss out on its own piece of the pie,’ explained the CEO of Avia Solutions Group Linas Dovydenas.

Aviation experts expect that the Asian region anticipates a 4-8% GDP growth putting it on the top of the fastest growing regions’ list in the aviation market. Boeing predicts that in the next twenty years’ time the region’s demand for aircraft will reach 11.5 thousand units calling forth the need for technical personnel of more than 240 thousand people. The air transport flow alone is expected to grow by an impressive 6-7% every year.

‘From its new office in Kuala Lumpur Avia Solutions Group and FL Technics will jointly cater for the rapidly developing Asia-Pacific region.  The new office will operate according to a one stop shop principle and provide the clients with not only line maintenance and engineering services but also work towards satisfying the increasing demand (especially that generated by the 'black listed' airlines) for engine management and landing gear overall, spare parts and components supply, technical personnel training, flight crew training and leasing solutions,’ said L. Dovydenas.

According to L. Dovydenas, the new representative office will be led by Mr. Hermann Nagel, who brings extensive experience of local markets in Asia Pacific and the well established network of customers and partners. The initial team will consist of 3-4 people who have years of experience in Asian aviation market.

FL Technics provides technical maintenance solutions in its main facilities in Lithuania and Ukraine and is one of the largest MRO providers in the Baltic States, the CIS and the entire Eastern Europe. Certified under EASA Part 145, Part 147 and Part M FL Technics, together with its subsidiaries, provides integrated technical services for Airbus A320, Airbus 330, Airbus 340, Airbus 380, Boeing 737 CL, Boeing 737 NG, Boeing 757, Boeing 767, Boeing 777, Boeing 747, SAAB, ATR 42/72, Bombardier CRJ and Embraer 145 types of aircraft.

The company offers its customer airlines comprehensive and tailor-made solutions for line and base maintenance, engine management, engineering services, parts and components and technical training programs. The acquisition of British line maintenance company Storm Aviation Limited have further expanded FL Technics capabilities. The company currently operates 24 line stations across Europe and the CIS. Recently, FL Technics has commenced a strategic partnership with Boeing and will support its aircraft, including the Boeing 787 Dreamliner, under the GoldCare programme.

About Avia Solutions Group

Avia Solutions Group offers complex aviation services solutions. The Group joins together the leading aviation service companies in the region. The group operates in four business segments: Aircraft maintenance, repair and overhaul (MRO) – represented by FL Technics & FL Technics Jets & FL Technics Training; Supply chain solutions- represented by Locatory.com; Pilot and crew training – represented by Baltic Aviation Academy; Aviation staff leasing- represented by AviationCV.com; Charter operations – represented by Small Planet Airlines; Aircraft ground handling and fuelling – represented by Baltic Ground Services. Operating in the markets of Russia and CIS countries, as well as Poland, Estonia, Italy, United Kingdom and other west Europe countries. Avia Solutions Group is listed on the Warsaw Stock Exchange. For more information about Avia Solutions Group, please visit our website at http://www.aviasg.com/.

About FL Technics:

FL Technics is one of the largest integrated maintenance and repair organisations (MRO) in Eastern Europe, the CIS and the Baltic States. The company has extensive experience in aviation as well as tailor-made solutions that are sure to please any client. FL Technics specializes in technical support, engineering solutions and maintenance planning, spare parts and components management, training and consulting services. All technical support solutions are carried out in the main facilities in Lithuania and Ukraine as well as in line maintenance stations across Europe and the CIS.

FL Technics operates under international certificates EASA Part 145, Part M, Part 147 and other regulations issued by aviation authorities in Bermuda, Russia and other countries. At present FL Technics services Boeing, Airbus, ATR, Embraer, Bombardier CRJ, SAAB and other types of aircraft. FL Technics is a member of the Avia Solutions Group family – one of the largest aviation business groups in Eastern Europe. For more information about FL Technics, please visit our website at http://www.fltechnics.com/.