Completion of investment into Flight Calibration Services - February 2020

Founded in 2005 and based at Shoreham Airport, FCSL is a market-leading provider of flight inspection services to airports. It uses its flight inspection technology, developed in-house, and fleet of six aircraft to provide testing and calibration on behalf of airports for ground-based navigational aid systems

 

Most commonly, testing is performed on instrument landing systems, which enable pilots to land planes in conditions of poor visibility. The business serves almost all airports in the UK and Ireland, and other airports internationally

Literacy has supported the shareholders of FCSL, as they plan for the next phase of the company's development, by strengthening its Board and executive management team. Clive Richardson, who previously held senior roles at BAE Systems and spent eight years as CEO of V.Ships, joins as non-executive Chairman. A Group CFO has also been appointed and will join shortly

With the strengthened team and additional financial support, FCSL will look to accelerate its overseas growth and to expand via acquisition for the first time. This additional expertise will also allow the business to professionalise some of its back office functions and give the business firm foundations for the future as some of the founding shareholders consider retirement in due course

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