Airhub Aviation Secures Maintenance Deal with AerCap at Siauliai Airport

This article is based on an official press release from Airhub Aviation.

Airhub Aviation has secured a strategic maintenance agreement with AerCap, the world’s largest aircraft lessor. The deal designates Airhub Aviation as a strategic Maintenance, Repair, and Overhaul (MRO) partner for AerCap, focusing on base maintenance and aircraft redelivery services.

According to the official press release, the services will be conducted at Airhub Aviation’s facility located at Siauliai International Airport (SQQ) in Lithuania. The partnership aims to support narrow-body aircraft transitions, deliveries, and re-deliveries throughout Europe and the Middle-East.

This agreement highlights the growing demand for efficient MRO and transition services in the commercial leasing sector, ensuring that aircraft downtime is minimized during critical handover periods between operators.

Expanding MRO Capabilities for Global Lessors

Under the newly announced agreement, Airhub Aviation will deliver a comprehensive suite of base maintenance services tailored to AerCap’s customer base. The press release notes that these services include EASA modifications, such as avionics upgrades and cabin reconfigurations (LOPA mods), alongside engine swaps and landing gear replacements.

To facilitate rapid aircraft inductions, Airhub Aviation is allocating a dedicated ad-hoc bay. This infrastructure is specifically designed to ensure minimal downtime for both lessors and operators during the transition phase, a critical metric for asset profitability.

Leadership Perspectives

Oleg Novak, Managing Director of Airhub Aviation, emphasized the strategic importance of the deal in a company statement, noting the facility’s readiness to handle complex lessor requirements.

“This partnership cements our position as a key player in aircraft transitions and maintenance. Our Siauliai facility is purpose-built for fast-turnaround base maintenance, aircraft modifications, engine swaps, as well as long-term storage, critical services for lessors managing fleet transitions.”

Novak further stated that the company looks forward to building its relationship with AerCap beyond asset leasing and trading, expanding deeply into the MRO segment.

Infrastructure and Asset Management at Siauliai

Beyond standard MRO services, Airhub Aviation is leveraging its broader expertise to support AerCap’s fleet. The company’s asset management division will provide mid-life aircraft support, which encompasses parts harvesting, component repair management, and optimized inventory solutions for operators and leasing houses.

The Siauliai facility itself offers significant logistical advantages. According to the press release, the site features extensive long-term parking capacity capable of accommodating up to 25 narrow-body aircraft simultaneously. The company states this is one of the largest capacities available in the region.

Strategic Location Advantages

Siauliai International Airport provides cost-effective storage and transition solutions due to its proximity to key European markets. Furthermore, as a NATO base airport, SQQ offers high-security infrastructure and round-the-clock operational flexibility, which are crucial factors for lessors protecting high-value aviation assets.

AirPro News analysis

We view this agreement as a strong indicator of the current pressures within the aircraft leasing market. With global supply chain constraints and high demand for narrow-body aircraft, lessors like AerCap require reliable, fast-turnaround MRO partners to keep their assets generating revenue rather than sitting idle in transition.

By securing a general terms agreement with the world’s largest lessor, Airhub Aviation not only validates the technical capabilities of its Siauliai facility but also positions itself favorably for future asset leasing and trading opportunities. The integration of maintenance, parking, and parts harvesting in a single, secure European location creates a highly efficient one-stop-shop for mid-life aircraft transitions, a model that is becoming increasingly attractive to major leasing firms.

Frequently Asked Questions

What services will Airhub Aviation provide to AerCap?
Airhub Aviation will provide base maintenance, EASA modifications (including avionics and cabin reconfigurations), engine swaps, landing gear replacements, and long-term storage.

Where is the maintenance facility located?
The services will be carried out at Airhub Aviation’s facility at Siauliai International Airport (SQQ) in Lithuania.

How many aircraft can the Siauliai facility store?
According to the company, the facility can accommodate up to 25 narrow-body aircraft simultaneously for long-term parking.

Sources

• Airhub Aviation