FACC is recording strong growth thanks to high demand

Print Friendly, PDF & Email

FACC, a leading provider of aircraft components and systems, reported impressive sales growth of +24,4 percent to EUR 202,4 million in the last quarter.

This increase significantly exceeds the industry average in the aviation industry, as FACC is represented with its broad product portfolio on the major platforms of Airbus, Boeing and others. In addition, new orders won and the diversification of the product portfolio have a positive impact on sales growth.

The high demand for air travel and the record orders from airlines from the major aircraft manufacturers Airbus and Boeing contribute significantly to this success. In order to process these orders, all aircraft manufacturers are gradually increasing their production rates. The business jet market, on which FACC focuses, is also developing above average.

In addition to its core business, FACC has received an order to manufacture essential components for eVTOL aircraft from Eve Air Mobility, thereby further expanding its position in the Advanced Air Mobility growth market. The expansion of the plant in Croatia is progressing according to plan and will further increase the company's capacities. FACC also plans to invest EUR 50 million and employ around 4.000 people worldwide by the end of the year.

Photo: FACC AG.
Photo: FACC AG.
Advertising