Morocco Hosts MENA Business Aviation Show 2019
More than 3,000 VIPs visitors from around the world are expected in the event wherein over 100 world class exhibitors will unveil their latest innovations and services.
The holding of this show in Morocco confirms the country’s position in the business aviation sector and its promising development potential.
Business aviation flights to Africa are growing. In MENA region, the number of business aircraft is expected to reach 175,000 by 2020. This sharp increase is due to the region’s thriving economies, notably Morocco and an expanding wealthy elite using business aircraft in increasing numbers.
Moroccan aerospace industry is growing rapidly thanks to incentives granted to investors, proximity to Europe, stability and political will to make this sector a driving force of economic growth and development.
It has attracted some big aeronautics investors in recent years, including Bombardier, Eaton Corp, Boeing… The aeronautic industry in Morocco, which employs 11,500 people and achieved last year exports worth $1bn, has been growing at 15 per cent a year.
The aim is to reach 23,000 jobs by 2020, increase exports to $1.6bn per year and increase to 35 per cent the proportion of locally-produced or assembled components.