Press Release

Issued by F/List.

April 3, 2017

As of April 3rd 2017 the business operations of OHS Aviation Services have been taken over by newly founded F. LIST Germany GmbH, a 100 % subsidiary of F. LIST GmbH from Thomasberg in Lower Austria. With this acquisition F/LIST aims to strengthen its position in the European market and expand its portfolio of services offered through the acquired additional certifications.

Through the acquired new certification EASA Part 145 (DE.145.0333) F/LIST will integrate OHS's highly successful core maintenance business, such as interior and exterior cleaning of business and private aircraft, as well as seat repairs, re-upholstery and partial exterior painting, into ist services portfolio.

Furthermore, the new certification EASA Part 21J DOA (EASA.21J.235) allows the design and clearance of plans for interior components without feedback loops to the airframe manufacturer. Thus, F/LIST can cover the entire value chain from planning through to the installation of its interiors which saves customers time and money.

The acquired certifications benefit all of F/LIST's locations, which will further expedite the international expansion of the Austrian family company.

F/LIST is planning extensive investments at all acquired locations, especially in IT infrastructure, machinery and equipment. OHS's 31 employees are taken over as well. With the planned extensions and investments in the coming years this number is expected to rise. Hand in hand with the extension of the locations comes an intensification of customer acquisition: FBOs in Berlin and all of Europe are intended to profit from F. LIST Germany's local services. In general, the airport Berlin Schönefeld is deemed an ideal location to cover all of Europe, the Middle East and North Africa with the offered refurbishment services in the future.