Heston MRO, an independent MRO organization, has signed a purchase agreement for the acquisition of the Cairns MRO facility from Jet Aviation.
Upon completion, the new acquisition will expand Heston MRO capabilities into full heavy maintenance for regional aircraft, as well as state-of-the-art avionic repair shops for a wider range of aircraft types.
Established more than 20 years ago and expanded significantly in 2018, the Cairns MRO centre has been initially operating under Hawker Pacific and recently under the Jet Aviation brand. It is one of the most-modern, well-invested and up-to-date heavy maintenance and avionics repair facilities in Australia. Staffed with circa 150 experienced employees and contractors, housed in 5400 m² of recently expanded and upgraded hangars and offices, Cairns MRO is the largest MRO centre in Far North Queensland, attracting customers from Australia, Pacific Islands, and Southeast Asia.
The transaction, which is subject to standard pre-closing procedures, is estimated to complete by the end of Q1 2022. Once completed, Cairns’ facility will operate under the Heston MRO brand and continue delivering high-quality MRO services to existing and new customers in Australasia.
