FL Technics introduces technical asset management

Zilvinas Lapinskas

FL Technics has recently launched a technical asset management service for aircraft owners and investors.

The company will provide comprehensive technical support and consulting for companies who have little or no knowledge in technical aspects of aircraft operation.

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The main aircraft types covered include the Airbus A320 family, Boeing 737, 757, 767, 777 and Bombardier CRJ200.

“It is safe to say that the demand for such services is very high, since leasing companies own around 40% of the global fleet.”

Zilvinas Lapinskas, CEO of FL Technics said: “It is safe to say that the demand for such services is very high, since leasing companies own around 40% of the global fleet. Furthermore, an increasing number of players from outside aviation consider aircraft as a viable alternative to the stock market. After all, it is a relatively low-risk and very stable investment, which can generate up to 10-15% ROI.”

”Nevertheless, many leasing companies as well as investors outside the sector commonly lack the capabilities and knowledge in the field of technical aircraft management. As a result, failure to take into account multiple hidden risks often leads to unexpected costs of poorly managed aircraft which, in turn, may lead to losses worth up to EUR 150 000 plus the ground time while the aircraft is being returned to the airworthy condition. The technical asset management services offered by the company are aimed directly at helping these companies to not only avoid the aforementioned costs but also secure up to 1% higher value of their asset. In other words, with the help of FL Technics experience and global network, leasing companies can rest assured that the value and condition of their assets is safe and focus entirely on their primary services,” added Lapinskas.