Business Headlines Morocco

Morocco: American Alcoa Group Launches Production Plant in Casablanca

American aeronautic group Alcoa (Aluminum Company of America) launched, via its branch Alcoa Fastening Systems, a plant in Casablanca as part of its expansion program in Morocco. The new plant, named Alcoa Fixations Casablanca, required a €5.4 million investment. It covers a total surface of 6,300 square meters. The new site is located at Casablanca […]

Business Headlines Morocco

Morocco: American Hexcel Settles in Casablanca

American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million. When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and […]

Headlines Morocco

Morocco’s Aeronautics Gets $ 20 Mln Investment from US Hexcel Corp.

Hexcel Corporation has announced plans to build a 117,000-square-foot manufacturing plant in Casablanca, Morocco. The $ 20 million new facility will enhance Hexcel global engineered core capacity. This project is part of the US company’s worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. […]

Headlines Tunisia

Tunisia: Syphax prepares to penetrate markets

Syphax Airlines has decided to tap the aviation market with millions to increase its fleet and their performance. In a recent deal with General Electric Aviation, the company has decided to select CFM International’s LEAP-1A and CFM56-5B engines to power three Airbus A320neo and three Airbus A319/A320ceo aircraft, respectively. The total amount for the order […]

Business Emerging Markets

Libya’s Afriqiyah Airways Beefs up its Airbus Fleet

Libya’s Afriqiyah Airways has ordered four more Airbus A350-900s planes worth over $1.4 billion as the company prepares its international and regional comeback with competitive services. The carrier has also converted its original order for six Airbus A350-800s into six of the larger A350-900 model bringing up its total order to 10 jets. Afriqiyah Airline, […]

Algeria Headlines

Algeria to Build New Terminal at Houari Boumediene Airport

Algerian authorities are planning to build a new Terminal at the Houari Boumediene international airport in the Algerian capital to keep pace with soaring air traffic and passenger growth. Construction work is set to begin in 2014 and expected to be completed by 2018. This project to cost over $ 425 million will be carried […]

Business Emerging Markets Features

Emirates & Qantas Airlines Make Seismic Global Pact

The Dubai-based Emirates Airline and the Australian flag carrier Qantas have announced a global partnership that would align their ticket prices and flight schedules. The 10-year codeshare deal, which still needs the approval of antitrust authorities, will offer Emirates greater access to Australia’s growing air travel network and the possibility to make round-the-world service, using […]