FL Technics

FL Technics Overview

Company Headquarters: Vilnius, Lithuania

Founded: 2005

Workforce: ~1,000

Company Working: FL Technics is a global provider of aircraft maintenance, repair, and overhaul services. It is a part of Avia Solutions Group — a Warsaw Stock Exchange-listed Aviation Company — with more than 20 subsidiaries globally. The company has representative offices in Lithuania, Indonesia, the UK, Thailand, and Russia, with its base maintenance facilities in Lithuania and Indonesia. The key focus areas include base maintenance, line maintenance, engine maintenance, APU and LG management solutions, spare parts and component support, military aircraft component support, and full aircraft engineering. Currently, the company provides MRO services to aircraft manufacturing companies such as Boeing, Airbus, ATR, and Embraer.

Strategy

For its business development, FL Technics is expanding its presence in Asia-Pacific to improve its overall financial position. For instance, in 2016, FL Technics started its MRO operation at Jakarta to handle capacity for up to three narrow-body aircraft and next-generation aircraft, along with Airbus A320 family variants. Concurrently, the growing investment and favorable government policies in Asia-Pacific will drive its revenue in the region.

Company Snapshot

1,000

Employees

2005

Founded

Vilnius, Lithuania

Headquarters

SWOT Analysis

Strengths

Strong presence in Europe and Asia-Pacific
Strong financial support from parent company, Avia Solution Group

Weaknesses

Low presence in North America, Latin America, and Africa

Opportunities

Technological upgrades in MRO facilities

Threats

Fluctuation in fuel prices and MRO equipment prices

Key Developments

Date	Approach	Development
March 2019	Expansion	FL Technics expanded its presence in the Middle East by opening a new line maintenance station at Dubai International Airport, UAE.
December 2018	Expansion	FL Technics expanded its presence in Asia by opening a new warehouse in Singapore.
December 2018	Contract	FL Technics signed a contract with Go2Sky to provide line maintenance services at the Vilnius International Airport in Lithuania.
September 2018	Contract	Lufthansa Group signed a contract with FL Technics to provide MRO services to approximately 300 aircraft.

Product Offering

FL Technics
- Landing Gear MRO Services

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