The Andalusian company group Faasa closed the financial year for 2009 with a global turnover of 53.1 million euros, an increase of nearly 7% with respect to 2008. Highlights among the sales figures include the improvement of its affiliate in Chile which had earnings of nearly 7 million euros, an increase of more than 20% with respect to the previous year. The overseas market of this aeronautical group is currently focused mainly on this South American country, which accounts for 12.5% of the company’s global turnover.

The rest of the group’s earnings are derived from the national market, through its companies Faasa Aviación and Heliduero, aircraft and helicopter operators based in the regions of Andalusia, Castilla-La Mancha, Castilla y León, La Rioja, Valencia, Aragón and Murcia. This activity, focusing on forest fire-fighting services, accounts for 85% of its income.

The company’s training activities also generated a turnover of more than 1.5 million euros in 2009. Additional income was earned from activities relating to aeronautical maintenance and medical evacuation, emergency and civil defence services.

The company has consolidated its position on the national and international market and has diversified its activities in the aeronautical sector through the execution of a strategic plan which has involved investments in infrastructure, aerial resources and RDI equipment for aircraft. Faasa plans on dedicating 9 million euros to the purchase of helicopters in 2010, along with an investment of 1.5 million euros in projects to improve the efficiency of its aerial operations and innovation in the field of aeronautical training. In addition, the company’s facilities in Córdoba received a visit last 12 February from the Director-General of the Andalusian Trade Promotion Agency (Extenda), Teresa Sáez, who took interest in the current plans for the development of this Córdoba group overseas, focusing mainly on countries in South America.

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Friday, January 1, 2010 (All day)