Despite the challenges brought about by the Covid-19 pandemic, SR Technics' new aircraft hangar is set to be complete in the coming months.

World-leading MRO service provider SR Technics is set to complete its €44 million project investment in the coming months as works on the new aircraft hangar have now reached 75% completion.

Accompanied by SR Technics CEO Jean-Marc Lenz, Malta Enterprise CEO Kurt Farrugia, and Minister for Energy, Enterprise and Sustainable Development Miriam Dalli visited the site of the ongoing works. Once completed, SR Technics Malta will increase its headcount to 350 employees.

SR Technics is expanding its operations through the construction of a brand new modern multi-bay hangar facility which also caters for widebody aircraft. The project, over 20,000 sqm will help SR Technics in increasing its capacities to accommodate up to six-narrow-body aircraft at once, for maintenance such as Base Maintenance Checks, modifications, and retrofits.

The company is an engine MRO service provider for the civil aviation sector headquartered in Zurich, Switzerland. Despite the impact of the pandemic, the company believes that the aviation industry will return to normality shortly. It said that with the support of its employees in Malta and the support received by the government, it managed to ensure that this project comes into fruition.

"Whilst the pandemic has negatively affected the aviation sector, it is encouraging to see a leading company like SR Technics moving on with its project. It is to be highlighted that this was possible thanks to the ongoing support offered by the government, and Malta Enterprise during these tough times, and thanks to the hardworking employees. This project is also a symbol of trust in Malta, as a country that attracts companies to invest, set up, and help them grow", said Minister Miriam Dalli.