FL Technics signs a partnership agreement with XTRA Aerospace

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, is further developing its component stock by signing a consignment agreement with a Florida-based FAA/EASA certified repair company XTRA Aerospace. According to the agreement, the companies will establish a Boeing 737 NG and CL component stock in Vilnius, Lithuania.

Based on the newly signed contract FL Technics will supplement its spare parts stock in Vilnius (Lithuania) with a wide range of XTRA Aerospace-supplied Boeing 737 CL/NG parts, including hydraulic pumps, panels, sensors, indicators, etc. The aircraft inventory will be available for both exchange and outright sale.

The XTRA Aerospace-provided parts will also supplement comprehensive FL Technics PBH programs thus further extending the range of spare parts support services for the company’s clients. The contractees are also planning to expand their cooperation in the future by covering Airbus A320 parts as well.

‘The cooperation with XTRA Aerospace, an award-winning repair company, will allow us to form even more price-competitive spare parts solutions for our clients. By positioning the stock at FL Technics warehouses in Vilnius, we will ensure exceptionally fast delivery of parts to Eastern Europe and the CIS. Considering high regional popularity of both Boeing and Airbus aircraft, we are currently working towards adding A320s parts to the stock in the nearest future. We are positive that this cooperation will be fruitful and beneficial for all involved - XTRA Aerospace, FL Technics and both companies’ clients,’ comments Jonas Butautis, the CEO of FL Techincs.