Industry LOTAMS continues work on Rzeszów maintenance base

LOT Aircraft Maintenance Services LOTAMS has announced, that it will continue its works related to the construction of a new modern service base hangar at Rzeszów-Jasionka Airport in Poland. The company announced investment plans for the project in October 2019.

Although the current COVID-19 situation, LOTAMS will include this investment in its long-term development strategy. This investment of LOTAMS and Polish Aviation Group is said to be one of the largest in the European aviation industry.

Aleksandra Juda, President of the Board of LOTAMS commented: "Dynamic growth in the aviation industry and huge demand for MRO services (maintenance, repair and overhaul - service, repair and technical service) were then forecast. Although the current situation caused by the coronavirus epidemic changes these forecasts, the LOTAMS investment is included in the Company's long-term development strategy and is being continued."

Adam Hamryszczak, president of Rzeszów-Jasionka Airport said: "Changes in the aviation market are inevitable. The Rzeszów airport not only wants to rebuild its pre-pandemic position in terms of passenger traffic, but also continues to diversify the company's revenue sources [...] Everything indicates that only the strongest players will remain on the aircraft maintenance market, which is why we are pleased with the progress in the implementation of the LOTAMS base construction project in Jasionka."

Marcin Kwietniak, Director of the LOTAMS Sales and Marketing Office added: "LOTAMS belongs to the leaders of the MRO industry. It is a brand that is valued and known globally, as evidenced by numerous inquiries coming to us from around the world. And I'm not just talking about the period before the outbreak. Even now, we are receiving inquiries for servicing wide-body passenger aircraft in 2021-2022. Airlines, by resuming their operations, will not do it 100% immediately. They will strategically select their fleet by selecting aircraft that will be less costly to maintain. These will be newer generation machines with less maintenance requirements, but still requiring it. The investment in Rzeszów is a tailor-made product adapted to support modern aircraft models. Most importantly, it is a strategic investment for the Polish economy. Ultimately, we will employ 1,500 employees in Rzeszów within a decade. Our project will be a priority development factor and will contribute to increasing the investment potential of the Podkarpackie region."