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Spain Awards €118.6M Contract to Gestair Maintenance

Key Takeaways
  • Gestair Maintenance awarded €118.6M contract for state aircraft fleet maintenance.
  • Contract covers ten aircraft, including Dassault Falcon 900s and Airbus A310s.
  • Gestair was sole bidder after two competitors were excluded.
  • Contract valued at up to €118.6M over four years, extendable to five.
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Strategic Implications

This award may indicate Gestair's strong position in the European MRO market, which could limit competition for future state aircraft maintenance contracts. The contract's value suggests significant investment in maintaining Spain's state aircraft fleet, which could benefit Gestair's new owners, Corporación Financiera Azuaga and Hyperion Fund.

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What Happened

Gestair Secures State Aircraft Fleet Maintenance Deal

The Spanish Air and Space Force has awarded a maintenance contract for its state aircraft fleet to Gestair Maintenance, valued at up to €118.6 million over an initial four-year period. The contract covers ten aircraft, including Dassault Falcon 900s, Airbus A310s, and Cessna Citation Vs, used for VIP transport, strategic authority transport, and specialized missions. Gestair was the sole bidder after two competitors were excluded, and the company has held the equivalent contract since 2021. This development was reported by Avi-Go.

Source | Originally Published: September 13, 2026

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Spain Awards €118.6M Contract to Gestair Maintenance

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Gestair Maintenance awarded €118.6M contract for state aircraft fleet maintenance.
  • Contract covers ten aircraft, including Dassault Falcon 900s and Airbus A310s.
  • Gestair was sole bidder after two competitors were excluded.
  • Contract valued at up to €118.6M over four years, extendable to five.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This award may indicate Gestair's strong position in the European MRO market, which could limit competition for future state aircraft maintenance contracts. The contract's value suggests significant investment in maintaining Spain's state aircraft fleet, which could benefit Gestair's new owners, Corporación Financiera Azuaga and Hyperion Fund.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Gestair Secures State Aircraft Fleet Maintenance Deal

The Spanish Air and Space Force has awarded a maintenance contract for its state aircraft fleet to Gestair Maintenance, valued at up to €118.6 million over an initial four-year period. The contract covers ten aircraft, including Dassault Falcon 900s, Airbus A310s, and Cessna Citation Vs, used for VIP transport, strategic authority transport, and specialized missions. Gestair was the sole bidder after two competitors were excluded, and the company has held the equivalent contract since 2021. This development was reported by Avi-Go.

Source | Originally Published: September 13, 2026

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