J&C Aero reports 285% revenue growth

J&C Aero, an EASA-certified design, production, maintenance and CAMO (Continuing Airworthiness Management Organisation), has reported a 285% increase in its annual revenues for FY2022, reaching €10 million. The company’s annual report also shows that the company expanded its cabin interior production facilities in Vilnius, Lithuania during the year, which now cover 2,000 sq. m.

According to the report, the revenues were partly created by J&C Aero’s design team implementing cabin modifications on more than 1,000 aircraft, while its production and Part 145 units produced, refurbished and overhauled nearly 20,000 cabin interior elements, including sidewalls, windscreens, overhead bins, wardrobes, galleys and seats.

“2022 was a remarkable year both in terms of challenges and opportunities. We expanded our R&D and engineering units, as well as the CNC metal and composite shop. We also upgraded seat refurbishment, sewing, livery printing, and other production facilities. In addition, we invested €1.5 million into new capabilities and further process digitalisation. All of this allowed us to streamline the whole production line and offer larger capacities for the recovering airline market, as well as to seek new customers, particularly in the aircraft leasing segment,” stated Laurynas Skukauskas, CEO of J&C Aero.

He added that a highlight of the year was a 12-year check management project with Ukraina Air Enterprise, an airline owned by the Ukranian government that operates an Airbus A319 for transporting the country’s leaders.

“On a more local scale, we were happy to launch the construction of our new headquarters, which are due to be finished later this year,” said Skukauskas.