aA
Lithuania's second-biggest international airport in Kaunas plans to expand aircraft maintenance, repair and overhaul (MRO) operations, expecting to attract some 25 million euros in investments that would create over 400 new highly-skilled, well-paid jobs in the next few years.
Kaunas Airport expects to attract some EUR 25 mln in investments
© DELFI / Orestas Gurevičius

"This is about developing aircraft maintenance operations; we are trying to attract developers to build hangars and create a MRO base," Marius Gelzinis, CEO at Lietuvos Oro Uostai (Lithuanian Airports), the operator of Lithuania's three international airports, told BNS.

"This in line with our vision of Kaunas being more a technical maintenance and cargo airport," he said.

The project will be carried out in two stages by leasing land to investors for building a total of eight hangars.

Talks are currently underway with potential developers, Gelzinis said, adding that a considerable number of companies, mostly those operating in Europe, are interested in investing in Kaunas.

The bases are expected to become operational in 2021 to 2022, according to the CEO.

Several MRO bases currently operate in Lithuania. FL Technics, the MRO subsidiary of Avia Solutions Group, has a base in Vilnius and a hangar in Kaunas, and Ireland's budget carrier Ryanair has a MRO base in the second-biggest city.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Palanga Airport is preparing for reconstruction: runway and parts of apron to be renewed

Palanga Airport is preparing for an important reconstruction in the autumn of 2021, as the runway of...

Skvernelis sees EU's proposed emission cut target as achievable (1)

The European Commission 's proposal to cut greenhouse emissions in Europe by 55 percent by 2030 is...

Lithuania mulls allowing third-country businesses open e-money accounts

Lithuania is considering facilitating conditions for Belarusian businesses to move to Lithuania...

Lašas: engineering students have many opportunities in space

Students that choose technological sciences are welcome in many companies, including space technology...

Lithuania and US agree to rigorously evaluate 5G equipment suppliers

Lithuania and the United States have signed a joint declaration and agreed to step up cooperation...

Top news

Mandatory testing for all new hospital patients ordered visits tightened

The Lithuanian government is planning to reintroduce mandatory coronavirus testing for patients on...

Survey: President's popularity up, Health minister's down

Lithuanian President Gitanas Nauseda has seen his popularity rating grow in recent months, whole...

PM: some mass gatherings to be banned as of October

In response to a recent spike in coronavirus infections, the Lithuanian government is planning to...

President: COVID-19 numbers are growing everywhere but Lithuania is better-prepared

The number of coronavirus cases is growing in all countries, and Lithuania is this time better...

70 new coronavirus cases

On Sunday 70 new COVID-19 cases were detected in Lithuania . It adds to 3814 confirmed coronavirus...

|Maža didelių žinių kaina