Some 300 new jobs will be created as aviation servicing company SR Technics expands its operation in Malta.

On Tuesday morning the company confirmed that it would be building a new six-bay hangar, set across some 30,000 square meters in an area known as Park 4 in the Ħal Farruġ neighbourhood of Luqa.

Agreement for €35 million six-bay hangar finalised

A ground breaking ceremony was held at the site.

SRT general manager Arthur Magri said the new “narrow body maintenance” hangar would be focused on providing services for the Boeing 737 and the Airbus A320.

SR Technics Malta rolls out first aircraft - called Pride of Malta

The company had chosen Malta eight years ago, moving operations here, and this had proven to be a good decision. So much so, in fact, that they were now preparing to undertake significant growth.

From left, SR Technics general manager Arthur Magri, Economy Minister Chris Cardona, and Jakob Straub the company's head of aircraft services.From left, SR Technics general manager Arthur Magri, Economy Minister Chris Cardona, and Jakob Straub the company's head of aircraft services.

Economy Minister Chris Cardona said that, in SRT, the government had found the right partners to be able to help the sector grow.

Aviation, he said, was a sector experiencing rapid growth worldwide, and this meant Malta would have a bigger role to play as the industry continues to swell.

Earlier Economy Dr Cardona visited a temporary hangar set up by SR Technics at the Safi Aviation Park to ease the transition until their new site was finalized.

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