One of the world’s leading aircraft maintenance companies is to create 350 new jobs in Malta.
SR Technics, which services EasyJet, is expanding its operations at the Safi Aviation Park.
It plans to build a second €35 million aircraft hangar and repair facility.
Speaking this morning at Castille in Valletta, SR Technics chief executive Frank Walschot said the growth in its business would bringing the Malta-based workforce to more than 500.
He told 89.7 Bay: ‘Malta is ideally located to further grow our aircraft maintenance business in the region.
‘The state-of-the-art hangar enables us to continue providing efficient and high-performance maintenance services based on safety, quality and reliability, and to deliver aircraft on schedule.’
Prime Minister Joseph Muscat said he was ‘delighted’ by the agreement and announced that the Department of Education would invest €4 million in aviation-related courses at the Malta College of Arts, Science and Technology.
He added: ‘With the conclusion of this agreement today, we are showing that we can take the aviation industry to the next level.
‘The aviation industry is indeed an important one for our economy.
‘But for it to flourish, the industry needed a lot of care and the right economic environment.
‘Today’s celebration is the collective effort of a hard-working country that attracts and takes care of its partners.
‘In SR Technics we found the right partner and it is the mutual trust between partners that has led us to such a success story.’
SR Technics first set up business in Malta in 2010.
EasyJet is its most important client. The company services all of the low-cost airline’s aircraft.
Read more: SR Technics