MfD: Boeing repairs centre to open at Mošnov
By #268;TK / Published 12 February 2008
Ostrava, Feb 11 (CTK) - Repairs centre for Boeing planes Central European Aircraft Maintenance (CEAM) worth more than Kc1bn will be opened at the Mosnov airport in Ostrava, northern Moravia, in early March, the Mlada fronta Dnes daily wrote Monday.
The centre is fully owned by company CCG from the Geofin holding, headed by entrepreneur Danes Zatorsky. The project should compete above all with the repairs centre of Czech Airlines CSA in Prague.
Among the centre's clients are above all companies from Europe, Zatorsky told the paper.
"Demand for aircraft maintenance worldwide is bigger than offer. We already have contracts with a number of companies but but cannot speak about them yet," Zatorsky said.
The Ostrava airport has offered repairs of the smaller Saab planes, used also in the fleet of Central Connec Airlines owned by Zatorsky.
The centre has already employed more than 130 staff and will hire another one hundred this year.
More than 30 of them came from CSA which has recently had to deal with lack of mechanics, the Mlada fronta says.
Moreover, among the centre's clients is Air Berlin, the third largest low-cost airline in Europe, which now has its planes also repaired at the CSA centre, the paper notes referring to sources in the segment, but adds Zatorsky would not confirm the information.
Conditions for landings of large planes are good at the Mosnov airport as it has the longest runway among Czech airports measuring 3.5 kilometres.
Geofin has renovated a large hangar at Mosnov for Kc1.1bn. The company has received investment incentives from the CzechInvest agency worth Kc600m. It covered one-third of the costs from own resources, while the rest was financed through loans.
Geofin also plans to build a second hangar and is now working on project documentation.
Passenger numbers at the Ostrava airport are the lowest compared with the Brno airport in southern Moravia and the international airport in Katowice in southern Poland.
One of the reasons is the fact that no low-cost airline runs flights to Ostrava, the Mlada fronta says.
Turnover of the Geofin group for 2007 will reach Kc3bn, said Zatorsky, adding he did not rule out further acquisitions, mainly in the construction sector.
http://www.praguemonitor.com/en/271/czech_business/18501/
By #268;TK / Published 12 February 2008
Ostrava, Feb 11 (CTK) - Repairs centre for Boeing planes Central European Aircraft Maintenance (CEAM) worth more than Kc1bn will be opened at the Mosnov airport in Ostrava, northern Moravia, in early March, the Mlada fronta Dnes daily wrote Monday.
The centre is fully owned by company CCG from the Geofin holding, headed by entrepreneur Danes Zatorsky. The project should compete above all with the repairs centre of Czech Airlines CSA in Prague.
Among the centre's clients are above all companies from Europe, Zatorsky told the paper.
"Demand for aircraft maintenance worldwide is bigger than offer. We already have contracts with a number of companies but but cannot speak about them yet," Zatorsky said.
The Ostrava airport has offered repairs of the smaller Saab planes, used also in the fleet of Central Connec Airlines owned by Zatorsky.
The centre has already employed more than 130 staff and will hire another one hundred this year.
More than 30 of them came from CSA which has recently had to deal with lack of mechanics, the Mlada fronta says.
Moreover, among the centre's clients is Air Berlin, the third largest low-cost airline in Europe, which now has its planes also repaired at the CSA centre, the paper notes referring to sources in the segment, but adds Zatorsky would not confirm the information.
Conditions for landings of large planes are good at the Mosnov airport as it has the longest runway among Czech airports measuring 3.5 kilometres.
Geofin has renovated a large hangar at Mosnov for Kc1.1bn. The company has received investment incentives from the CzechInvest agency worth Kc600m. It covered one-third of the costs from own resources, while the rest was financed through loans.
Geofin also plans to build a second hangar and is now working on project documentation.
Passenger numbers at the Ostrava airport are the lowest compared with the Brno airport in southern Moravia and the international airport in Katowice in southern Poland.
One of the reasons is the fact that no low-cost airline runs flights to Ostrava, the Mlada fronta says.
Turnover of the Geofin group for 2007 will reach Kc3bn, said Zatorsky, adding he did not rule out further acquisitions, mainly in the construction sector.
http://www.praguemonitor.com/en/271/czech_business/18501/