Jat Tehnika in Airbus deal

Jat Tehnika to maintain Airbus jets from 2012
Jat Airways’ technical division, Jat Tehnika, will begin servicing Airbus aircraft next year. The deal between the European aircraft manufacturer and Jat Tehnika was signed on December 5. Airbus will train over 300 employees at the Belgrade based company from February 2012. At the same time, work will begin on the upgrade of “Hanger 2” at Belgrade Nikola Tesla Airport which will be used for servicing Airbus jets. As a result, Tehnika will be able to carry out line and spot maintenance on Airbus A318, A319, A320 and A321 models. The company already has existing licenses to service ATR42 and 72 models as well as Boeing jets. The maintenance of Airbus aircraft will begin in July 2012.

Jat Tehnika outlines that the deal is significant not only because it will boost business but it will also allow Jat Airways to purchase Airbus jets if it wishes to without additional costs of maintaining the aircraft outside the country. Jat Tehnika currently holds contracts with British low cost airline Jet2.com, Transaero and UTair Aviation while Jat Airways accounts for more than half of its business. Jat Tehnika, which was separated from Jat Airways in 2005, is wholly owned by the Serbian government and employs some 1.000 people.

Meanwhile, Jat Airways’ acting CEO, Vadimir Ognjenović has been promoted to the post of CEO, despite government promises that the management would be professionalised and chosen upon merit rather than party lines. Ognjenović became Jat’s acting CEO in December last year.

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