FACC

Austrian aerospace supplier FACC welcomes the decision of zero tariffs on aircraft and components between the U.S. and the European Union.

Austrian aerospace supplier FACC is reporting strong results for the first half year of 2025 and targets for the first time in its history €1 billion in revenue

Mitigating the effects of global inflation is one focus for aerospace supplier FACC, as the company reports strong revenue and prepares for a Comac ramp-up.

The Austrian aerospace supplier FACC does not rule out the possibility of further expanding its presence in the U.S.

FACC has reported healthy nine-month results but warns that an above-average increase in Central European labor costs is weighing on the supplier.

FACC is evaluating increased global cooperation as costs in Europe are creating a significant disadvantage in the race to remain competitive.

FACC has reported significant revenue and earnings growth for the first half of 2024 backed by rate rises, notably the shift from Airbus A320neo to A321neo.

The Austrian aerospace company recorded significant revenue growth in the first quarter of 2024 but is staying flexible as aircraft deliveries remain uncertain.

FACC has been investing extra cash, about €50 million ($55 million) of working capital, to secure deliveries of its products.

The aerospace technology and component provider has begun ramping-up its 787 production lines; “[It’s] a factor that will increase FACC’s revenue stream as we speak,” the CEO says.

The Austrian aerospace supplier's CEO said the second half of 2021 is so far showing positive signs for the industry and FACC anticipates renewed growth from 2022.