International Aerospace Coatings (IAC) has secured a long-term lease for a wide-body and narrow-body hangar at Safi Aviation Park in Malta (MLA). The wide-body facility can accommodate aircraft up to the Airbus A380 size, strengthening IAC’s infrastructure to serve new and existing customers.
This addition, combined with ongoing expansions in Texas, USA, and Teruel, Spain, will grow IAC’s global network from 19 to 25 facilities in the coming months. The Malta site was previously operated by Aviation Cosmetics, which ceased operations earlier this year after a court-issued freezing order over €453,000 in unpaid rent.
The lease ensures continuity of operations and jobs at the facility. IAC, which specializes in aircraft painting, technical services, interior refurbishment, and graphics for wide- and narrow-body aircraft, views Malta as a key location to meet rising capacity needs.
IAC CEO Martin O’Connell stated: I am delighted to make this announcement. This represents an exciting opportunity for IAC to expand our growing global footprint. We see Malta as a strategically important location, and this expansion will help meet our increasing capacity requirements. I very much look forward to commencing operations at this new facility, building new relationships, and continuing to deliver the best-in-class service our customers expect from IAC.