Kate Sarsfield/BOURNEMOUTH
FR Aviation (FRA) is making further inroads into the corporate aircraft market with the signing of three international business aircraft maintenance contracts. The first two deals, with Mercury Aviation of Jeddah and a US-based operator, cover the maintenance of two BAC One-Elevens. The third contract, being undertaken for a private UK operator, involves maintenance of a Dassault Falcon 10.
The Bournemouth Airport-based company, which has long been associated with military aviation, is entering the business aviation arena with increased intensity. "The corporate aircraft market is becoming an important part of our business," says FRA head of engineering programmes Steve Bartlett. It now accounts for around 10% of FRA's £85 million ($140 million) annual turnover, although this figure is expected to more than double within five years, says the Cobham-owned company.
The Dassault authorised service centre has a proven track record on Falcon 10 and 20 and BAC One-Eleven maintenance, as well as General Electric CF700 engine overhaul. It also offers corporate aircraft completions and refurbishment on a smaller scale, but is keen to widen its net. "We are targeting additional aircraft and engine types. With our existing resources, we feel we are capable of operating on a global basis in the long term," adds Bartlett.
Although conceding that plans are at an embryonic stage, Bartlett admits that ongoing discussions are being held with UK airports, with the aim of setting up "shop windows." He adds: "We would like to offer refuelling and maintenance services at key locations." FRA is also examining involvement in the fixed base operator (FBO) market. "We could acquire an FBO or form a joint venture with an existing company," says Bartlett.
Source: Flight International
