Lithuania based FL Technics has posted a net profit of €5.6m ($7m) for 2017 – an increase of €3 million compared to the year-ago period. The rise has been attributed to the lean strategies the company has adopted across the business. In 2015, FL Technics reported an €11 million loss.
In 2017, FL Technics invested in new operational functions including its bay system, as well as additional mechanical training for base maintenance staff.
CAMO services accounted for 30 aircraft in 2017, while technical training services reached 170, owing to an expansion of its training programs and locations to 57 worldwide.
