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Finnair and Finncomm form joint venture maintenance company
Finnair and Finncomm form joint venture maintenance company03-Sep-2008 |
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Airline Code [FIN]
View More Finnair News Tags :Continental Europe, Finnair Finnair and Finncomm Airlines have formed a joint venture, Finnish Aircraft Maintenance Oy (FAM), which will specialise in maintenance services for regional aircraft. Finnair and Finncomm Airlines will each own 50% of the company.
The company has earlier operated as part of the Finncomm Group. The Civil Aviation Authority granted FAM an aircraft maintenance licence at the beginning of August, at which time the company started operating. The license covers ATR turboprops and Embraer 145 jets. The intention of the company is to create at Helsinki-Vantaa Airport an effective maintenance organisation which will serve both domestic and international customers. The arrangement still requires the approval of the Competition Authorities. |
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