Boom helps FACC

FACC has already brought 265 employees on board this year

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14.08.2024 07:45

More than 42,000 new passenger aircraft will be delivered by 2043 to meet the demand for lower-emission jets and the increasing demand for air travel! A company from Upper Austria is also benefiting from this development: supplier FACC increased its turnover to 438.8 million euros in the first half of the year alone.

"Demand is currently enormous, especially for short-haul and business aircraft," says Robert Machtlinger, CEO of aircraft supplier FACC, who presented his figures for the first half of 2024 on Wednesday.

And they showed an increase in turnover to 438.8 million euros. Operating profit climbed to 22.5 million euros in the first six months of the year. Earnings after interest and taxes amounted to 9.5 million euros.

Airbus, Boeing, Rolls Royce and many more are supplied
The company, which operates from the Innviertel region, benefits from a broad customer base across aircraft and engine manufacturers: Airbus, Boeing, Bombardier, Comac, Embraer, Pratt & Whitney and Rolls Royce are all supplied by FACC.

Chinese model is also in greater demand
The Chinese model named Comac C919, which will be certified for flight operations in 2023, is also becoming increasingly important, reveals the company, which brought 265 employees on board in the first half of the year. And the boarding is not over yet: Between 150 and 200 employees are currently still being sought. They are to be hired by the end of the year.

Plant in Croatia to play an important role
At the same time, however, it is striking: At the new plant in Jakovlje, Croatia, not only has the production area for cabin interior parts been massively expanded, but capacity for services has also been created to support the administration in Austria.

The reasons for this? The attractive cost structures, according to FACC. Despite full order books, the company managed by Machtlinger has prescribed additional cost reductions and efficiency increases in order to continue to score points in global competition.

This article has been automatically translated,
read the original article here.

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