COBALT represented Irish registered aircraft painting company MAAS Aviation, the world’s third largest provider of such services, in connection with the construction of a specialised aircraft painting hangar in Kaunas Airport.
MAAS Aviation has been operating for three decades and is a long-time partner of the European aircraft manufacturer Airbus. The company provides painting services for new Airbus aircraft in Germany and the US, repaints aircraft of airlines, aircraft rental companies and other aircraft maintenance companies in the Netherlands and in Alabama, the US. The upcoming hangar to be located in the northern part of Kaunas Airport (in the area of over 12,000 sq. m) will serve Airbus A320 and Boeing B737 aircraft.
COBALT represented the client in a land lease auction, assisted with the preparation and negotiation of the hangar constructions documents and advised on all other matters related to operations in Lithuania. The team consisted of Partner and Head of Corporate Transactions Department Elijus Burgis, Managing Associate Aušrys Šliavas, and Associates Ignas Jurkynas and Simas Paukštys.