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FAI reports steady 2024 revenues, closes Berlin MRO facility

FAI will add a second Learjet 60 XR to its Bombardier fleet © FAI
FAI will add a second Learjet 60 XR to its Bombardier fleet © AI

FAI Aviation Group, a provider of mission-critical aviation services, has announced consolidated group revenues of €130 million (US$141.7 million) for 2024, matching its 2023 performance.

FAI continues its fleet renewal programme, adding a second Learjet 60 XR to its 16-strong Bombardier fleet. The aircraft (D-CFAQ) replaces one of its four legacy Learjet 60s, with plans to replace the remaining three with XR models within the next 24 months. Additionally, FAI is considering Bombardier Challenger 605 and Global 6000 aircraft as replacements for its existing six Challenger 604s and five Global Express BD 700s.

FAI to close Berlin MRO facility

The company also confirmed that FAI Technik, the MRO division of FAI Aviation Group, will closure its Berlin maintenance base at “Willy Brandt” Berlin Brandenburg Airport (BER) by March 31. The decision follows prolonged but unsuccessful negotiations with the airport regarding lease land for a new state-of-the-art hangar facility.

FAI’s Founder and Group Chairman, Siegfried Axtmann, stated: “Regrettably, our requirement for a brand-new MRO facility at BER in the near future was not feasible. The existing structure, which dates back to post-Second World War times, no longer met our expectations, nor those of our customers. This, along with the airport’s requirement for a long-term lease agreement and a significant increase in lease fees, made continuing at BER untenable.”

FAI Technik confirms that over 95% of the Berlin MRO’s clients will now be served at its Nuremberg facilities, where the workforce will be expanded accordingly.

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