El Salvador: $120 million Investment Deal

The Ministry of Finance has announced that the aircraft maintenance firm Aeroman will be expanding its operations in the country, including investment in expansion of its installations.

Tuesday, July 22, 2014

According to comments made by Minister Tharsis Salomon Lopez in a meeting with journalists, they are in the final phase of negotiations with the firm Aeroman aircraft maintenance, which will be expanding its operations in El Salvador, where it has operated for more than five years.

"...The official said that the formal announcement will be made at the Presidential House; however, he said that the investment includes expansion of the air maintenance facilities, describing them as 'the largest and most competitive in the world, so that's good news for the country.'"

Elmundo.com.sv notes that "...Since late 2013, Aeroman announced that with the addition to its portfolio of a world-renowned new customer, it became possible to think about large future expansion plans. Aeroman sought to build new hangars at the International Airport Monsignor Oscar Arnulfo Romero in order to extend their capacity for service of 11 to 16 aircraft. "

More on this topic

Investment in Aeronautical Maintenance

April 2018

Aeroman has announced that it will be investing $45 million in the construction of the sixth aircraft maintenance and repair hangar at the Monseñor Romero airport in El Salvador.

Authorities at Aeroman said that the hangar, which will be located on the west side of the air terminal, will be larger than hangar 5, inaugurated in 2015, and will have capacity to accommodate larger aircraft.

Expansion of Aircraft Maintenance in El Salvador

July 2016

Aeroman has announced that together with the CEPA it is preparing for the construction of a sixth aircraft maintenance hangar at the airport of Comalapa.

The construction of a new hangar will constitute the "... second stage of Aeroman's investment, as part of what was agreed in the Memorandum of Understanding signed between the Government of El Salvador and Aeroman in September 2014."

El Salvador´s Aeronautical Destiny

October 2015

With a school of aeronautical firefighters, a center for aircraft maintenance and better programs of aviation mechanics, the country aims to become a regional aviation cluster.

Although the promised expansion of the international airport Ronulfo Monsignor is still going at a slow pace, the area of ​​aviation training and commercial aircraft maintenance is prepared to improve its services and turn the country into a hub for the aircraft industry at the regional level. Mario Martinez, director of the Central Institute of Aeronautics Training (ICCAE), told Elsalvador.com that "... it is right time for the country to take advantage of all the elements that it can intergrate in order to be eligible to be a cluster in the coming years. 'The location we have is key. We can create a first class logistics platform. '"

Aeroman Continues Expansion Plans

March 2012

The closure of Aveos in Canada will not affect the aircraft maintenance company in El Salvador, which will open its fourth hangar in April.

The closure of operations in Canada by Aveos, the company which owns Aeroman in El Salvador will not affect the business of this aircraft-maintenance firm- or its employees, announced Aeroman’s management in the Central American country.

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