The company SR Technics, operating within the aviation sector, inaugurated the expansion of a new hangar which will serve to provide maintenance for airplanes in our country. With the investment amounting up to €42 million , the hangar stretches up to 40,000 metres squared and will provide enough space to modify up to six planes (of Boeing 737 and Airbus A320 type) at the same time.
The inauguration ceremony was attended by Malta’s prime minister Robert Abela along with SR Technics chief executive Jean-Marc Lenz and Swiss ambassador Monika Schmutz Kirgöz. The Prime Minister stated in his speech that he is very satisfied that these facilities are being built as they push Malta forward and at the forefront in Europe in the maintenance sector and industry.
Abela explained how this inauguration is a celebration of the collective effort by our country which worked tirelessly to attract the investment as well as taking care of the investors. This was aided by the COVID Wage Supplement, said the Prime Minister.
Hundreds of jobs of quality employment will be created through this inauguration, said the Labour Party leader, especially for the youth of Malta. ‘I believe we must set up a specific aviation education centre that will cater for the needs of the industry.’
‘Today, the outlook is looking much brighter, although the industry still faces a long road to full recovery. You face challenges in maintenance, supply chain difficulties, system inconsistencies and spiralling costs. And my government stands ready to help.’ Minister Miriam Dalli also spoke during the event, saying that the government always believed in companies like SR Technics. ‘This is evidenced by the immense investment carried out in various industries, particularly during the pandemic’ she said.
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