Airport to Build New Hangars to Be Leased to Panaviatic

9/27/2013 4:26 PM
Category: Economy

Tallinn Airport today laid the cornerstone of a new 5-million-euro maintenance center for private planes that will be rented out to Panaviatic, an Estonian business jet carrier.

The 5,000-square-meter hangar will fit 10 mid-sized private planes and one Boeing 737.

"In addition to technical maintenance for the planes, there will be an possibility to offer top-level service to other private carriers," the head of Panaviatic, Aleksei Kulakovski, said in a press release.

The company's supervisory board chairman, Jüri Pihl, who has previously served as a minister, prosecutor general and the head of the Internal Security Service, said: "There are not enough analogous hangars in Europe, so there is no reason to lament over a lack of customers. We reckon the maintenance complex will begin servicing clients in a 3,000 kilometer radius. We will primarily be servicing business planes, which are growing in number in the region."

"We currently operate six Bombardier Learjet type planes, but we plan to expand our fleet. The number of people using private planes is growing consistently and demand has emerged for longer-distance flights, for which we definitely require larger planes," said Pihl.


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