Good News for Easyjet and Business Meetings Malta
Good News for Business Meetings Malta and the conference industry in Malta.
A Swiss-based aircraft maintenance company will open a servicing operation in Malta employing 350 people by 2014 with its first major client being the popular low-cost carrier Easyjet. This good news, means that more business meetings will be held between these companies in Malta by 2014.
SR Technics will take a 30-year lease on a new €40 million four-bay hangar that will be built by Malta Enterprise at the airport's Park 4 on the Luqa side, next to the Lufthansa Technik building.
The company, owned by Gulf-based Mubadala Development Company and Dubai Aerospace, will use the existing Air Malta hangar until the new facilities are built. The first aircraft will be serviced in the second half of next year.
Easyjet's fleet of 157 aircraft will be serviced at SR Technics' new facility in an 11-year agreement worth $1.6 billion. The deal with SR Technics will save Easyjet up to 17 per cent in maintenance costs.
The Prime Minister, praised the Malta College for Arts, Science and Technology for its aircraft maintenance training programme, which already provides recruits for Lufthansa Technik, and expressed confidence that sufficient human resources would be found in Malta.
"While other countries are facing job losses we are announcing the creation of new high value added job opportunities. This investment is another significant and concrete step towards achieving our country's vision for 2015, which includes establishing Malta as a centre of excellence for high-value added industry," Dr Gonzi said, insisting the investment strengthened Malta's engineering tradition. As an offshoot it will create more business meeting opportunities at managerial levels, which is at best, good news to the conference industry in Malta.
The niche sector of aircraft maintenance employs about 5,000 people and along with the pharmaceutical sector is one of the growing industries that generate business meetings in Malta.
Conference and Venue finding Company Business Meetings Malta looks forward to being of service to Easyjet and wish them good luck in their new venture.
For more information on booking conference meeting venues please contact Business Meetings Malta, the free conference venue finding agencyand DMC
email: theresa@businessmeetingsmalta.com