BaltCap’s portfolio company Air Maintenance Estonia (AME), a Tallinn-based MRO organization, appointed Jonas Butautis as its new chief executive officer.
Jonas Butautis has a successful track record of developing total technical care MRO businesses as well as extensive experience in strategy implementation projects across a number of countries and industries. Before joining AME, Jonas led strategy execution projects for global organizations in Europe, Asia and Australia. He also serves on the board of Lithuanian Post, the largest postal, logistics, and financial services company in Lithuania.
“We are delighted to appoint Jonas Butautis as the new CEO of Air Maintenance Estonia. This appointment comes during exciting times of rapid changes at AME. Jonas is tasked to build on AME’s existing reputation as a quality MRO provider and to lead the process of its organizational change into a total technical care company We have full belief that, with the backing of BaltCap as a majority owner of AME, as well as Jonas’ experience in the industry, AME is poised for an exciting few years of rapid business development,” said Kristjan Kalda, chairman of the supervisory board of AME and investment director of BaltCap.
“I am excited to join Air Maintenance Estonia, a company which has always intrigued me with its great reputation for quality and its potential for global growth. We will realize this potential by developing AME intro a truly international total technical care MRO organization, an agile challenger to incumbent MRO players. I look forward to the action-packed few years ahead, and I am sure that we will achieve our objectives, placing AME strongly on the global aviation map,” added Jonas Butautis.
You can see the relevant press release of BaltCap here.
About Air Maintenance Estonia:
Air Maintenance Estonia AS (AME) is an aircraft maintenance and repair organization located in Tallinn. With 250 employees, AME is a flexible and reasonably priced MRO on the Scandinavian and European markets. Since 2010, AME has been fully owned by BaltCap. AME offers aircraft maintenance services ranging from line to base maintenance activities on Airbus 320 and Boeing 737 (both Classic and NG), component maintenance, engine management, engineering and asset management services.