|
FL Technics, a global
provider of one-stop-shop MRO services, has announced its yearly business
review, displaying a stable growth in revenues of over 20% as well as continuing
service and geographical diversification.
Bouncing back from the
bankruptcy of a major client, coupled with the financial backdrop in 2015, FL
Technics managed to maintain the rise in revenue during 2016, as well as trigger
a jump in net profit (from a loss of 11m EUR in 2015 to a profit of almost 3m
EUR in 2016). The numbers were mainly affected by the company’s growing
operations in Asia Pacific, new clientele as well as LEAN business process
optimization.
In 2016, FL Technics opened
a representative office in Bangkok, Thailand and a new hangar in Jakarta,
Indonesia. Increasing presence resulted in an upward trend of revenue from the
region, which grew on average 4 times year-on-year. The company also continued
the diversification of its client and service portfolio.
|
“2016
was a very interesting year that I am proud to say we
finished over and above the expectations due our
expertise in the field as well as flexibility," said
Zilvinas Lapinskas,
CEO of FL Technics. "After the challenging year 2015,
our focus shifted largely on diversification.
We managed
to decrease our dependency on the CIS market and
increase our client portfolio from other regions by over
25% in a single year thanks to our dedicated sales
force,” he explains. |
 |
“We also introduced new
services that gained traction and are already popular amongst major industry
brands such as technical asset management for lessors. We anticipate continuing
to grow our presence in Asia as well as making maintenance and support services
even more effective throughout 2017.”
FL Technics provides
comprehensive MRO support including but not limited to base, line maintenance,
spare parts support, engine and component management, engineering, DOA,
training, CAMO. The company is a part of Avia Solutions Group – a publicly
listed aviation holding with over 20 subsidiaries worldwide. |
