GEK TERNA: Acquisition of majority stake in GA Aviation Services

Aims to create a Greek hub for aircraft and helicopter maintenance and technical support to international standards. The investment strengthens the group’s presence in defence and strategic technologies.

GEK TERNA: Acquisition of majority stake in GA Aviation Services

This article is an AI translation of an original piece published in Greek. Read original

GEK TERNA Group has acquired a majority stake in GA Aviation Services, one of Greece’s largest providers of aircraft maintenance, repair and overhaul (MRO) and technical support services, with a significant international presence.

According to the announcement, the aim is to create a Greek MRO hub to international standards, providing maintenance, upgrades and technical support throughout the life cycle of helicopters and aircraft.

The acquisition significantly strengthens GEK TERNA’s presence in defence and strategic technologies, building on its partnerships with leading industry players such as Airbus, Rheinmetall Land Systems and Shield AI.

Through this investment, the group aims to create a unified, robust platform for the technical support of high-specification aircraft.

GA Aviation Services, which has more than four decades of experience maintaining helicopters and fixed-wing aircraft, operates a state-of-the-art heliport covering 33,000 sq m, a 1,200 sq m hangar in Koropi, and a 1,700 sq m technical base at Pachi Megara Civil Airport.

It holds dual EASA Part-145 and CAMO certification and provides comprehensive support, repair, avionics, structural work and component support services. It operates as an authorised technical support centre for leading international manufacturers—including Italy’s Leonardo Helicopters, US-based Textron/Cessna, Austria’s Diamond Aircraft, US-based Cirrus and France’s Airbus—while maintaining a significant international presence.

GEK TERNA plans to further expand and develop GA Aviation’s infrastructure, certifications and specialist workforce.

The aim is for GA Aviation to become the central technical and operational arm of a broader domestic aviation ecosystem, providing ongoing technical support as well as specialised training services.

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