FAI Aviation Group, a provider of global aviation services, has reported consolidated revenues of €130 million (about $141 million) for 2024, maintaining the same level as the previous year. The company continues its fleet renewal efforts and has added a second Learjet 60XR, replacing one of its four older Learjet 60s. Over the next 24 months, FAI plans to transition entirely to the XR model. Additionally, it is considering upgrading its Challenger 604 and Global Express with the Challenger 605 and Global 6000, respectively.

In a separate development, FAI Technik, the company’s maintenance, repair, and overhaul (MRO) division, has confirmed the closure of its Berlin maintenance base at Berlin Brandenburg Airport (EDDB). “Regrettably, our requirement for a brand-new MRO facility at BER in the near future was not feasible,” said Siegfried Axtmann, FAI’s founder and group chairman. He cited the outdated existing facility, rising lease costs, and the airport’s long-term lease requirements as key factors in the decision.

Following the closure, FAI Technik will continue servicing its primarily non-Berlin-based clients at its Nuremberg facilities, with plans to expand its workforce there.

FAI Aviation Group is also set to participate in Aero Friedrichshafen next week. The company will showcase a Challenger 604 featuring a new interior, while representatives from its charter and MRO divisions also will be available at the show.