Lithuanian Airports have launched a land lease auction as Kaunas Airport aims to further develop infrastructure for aircraft maintenance, repair, and overhaul (MRO).
The airport operator aims to attract foreign and Lithuanian investors via the launched auction. Kaunas Airport is already the largest base for aircraft maintenance in the Baltics.
According to Justinas Stepšys, Head of Commerce at Lithuanian Airports, expanding MRO infrastructure at Lithuania’s second-largest air gateway is a strategic and long-term goal, therefore, building an additional aircraft maintenance facility is the next step.
“Despite the pandemic having severely impacted the whole aviation industry, we are certain that for companies working in the area of aircraft maintenance, this period of time offers multiple opportunities for expansion”, states Mr. Stepšys.
“With our launched auction, we are more than ready to welcome representatives from both Lithuanian and foreign market players.
“Kaunas Airport is ready to offer infrastructure that is tailor-made for MRO activities. Kaunas Airport not only has the longest runway in the Lithuanian Airports network, but it also houses a recently renovated and expanded apron.
“We can offer numerous car parking locations for employees and developed utilities networks.
“The airport’s great geographical location, and the aviation professionals trained at Kaunas’s education centres are also key points to consider in choosing our airport.
‘We invite MRO providers to participate in our newest land lease auction and therefore collectively expand activities that are important for the country’s whole economy”.
The winner of the land lease auction will have the right to develop a plot of land greater than 7 000 square metres, which is directly connected with the apron.
According to calculations, this plot of land is large enough to fit an MRO facility that would be able to house two Airbus A320 or Boeing 737 family aircraft. The plot of land will be leased for 40 years.
During the whole project, the aim is to attract 50 million EUR in foreign direct investment and to create more than 400 additional, high qualification and well-paid job positions.