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Boeing pledges $100 million for 737 MAX crash victims

American aircraft manufacturer Boeing Co on Wednesday said it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. Two crashes within five months—Lion Air Flight 610 in October off the coast of […]

Business Columns Headlines Maghreb Morocco Opinions

Morocco ahead of schedule in aeronautical industry goals

Morocco is moving forward posting results that have surpassed the set goals for the aviation industry 2020 plan. With 140 enterprises in 2019, the sector grew from 3 enterprises 20 years ago and is now generating revenue of 17 billion dirhams. French Safran for example intended to open a plant employing 400 people but now […]

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Boeing Forecasts Middle East Aviation Services Market at $745 Billion

Boeing projects the Middle East will require $745 billion in aviation services through 2037 to keep pace with growing passenger and freight traffic in the region, the aviation giant said in a press release Tuesday. The projections came in a new report released on the sidelines of the International trade fair for maintenance, repair and […]

Americas Headlines International Morocco

Boeing to optimize crew operations for Royal Air Maroc

Boeing has announced this Tuesday an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the Moroccan airline’s planning and operations. The airline will be the first in Africa to use the advanced solutions, which include Crew Pairing, Crew Rostering and Crew Tracking — with […]

Americas Business Headlines International Morocco

Morocco’s Carrier Receives First B787-9 Dreamliner from Boeing

Boeing has delivered earlier this week the first 787-9 Dreamliner for Royal Air Maroc, introducing a second member of the super-efficient Dreamliner family to the airline’s fleet. The new airplane offers more seats and more range, which will help Morocco’s flag carrier grow its international service to Europe, the United States and Latin America, RAM […]

Business Headlines Morocco

Marrakech Air Show, a Showcase of Morocco’s Aeronautical Industry

The Marrakech airshow has become an annual event to showcase the progress achieved by Morocco’s aeronautical industry which is expected to grow by 20% in the next five years. Speaking to the press at a conference dedicated to the event, held this October 24-27, Minister for Industry, Investment, Trade and the Digital Economy Moulay Hafid […]

Business Headlines Morocco

Morocco’s Aeronautics reaches Domestic Sourcing Rate of 29%, Exports up 18% in 2017

Morocco’s aviation industry is cruising full speed steadily and spreading its wings for takeoff. This is what the figures released by the aeronautics federation (GIMAS) show. The domestic sourcing rate of the sector jumped from 17% in 2016 to 29% in 2017, while exports value rose by 18.4 during the same period. This progress is […]

Asia Business Headlines International Morocco

UAE Company Mubadala Aerospace Mulls Investing in Morocco

The Abu Dhabi-based Mubadala Aerospace is considering opening a new manufacturing plant in Morocco to be closer to its customer Airbus, said the company’s chief Badr Al Olama. The North African Kingdom enjoys “a proximity to Europe. Being closer to the customers will be important for Strata”, a unit of Mubadala Aerospace, he added in […]

Business Columns Headlines Morocco Opinions

Morocco’s Aeronautics Industry Aims to Generate $2.8 bln Turnover by 2020

Aeronautics is a key component of Morocco’s Industrial Acceleration Plan. The sector aims to generate a turnover of 2.8 billion dollars and create 23,000 jobs by 2020. The figures were announced by Industry Minister Moulay Hafid El Alamy in a statement to local media saying that the goals set for the aeronautics sector include reaching […]

Business Headlines Morocco

Morocco Orders Four Boeing 787-9 Dreamliners worth $1.1 bln

Morocco’s flag carrier, Royal Air Maroc (RAM), will add four Boeing 787-9 Dreamliners to its fleet for a total cost of $1.1 bln. RAM already operates five 787-8 Dreamliners. The new Boeing planes will help the airline expand in South America, North America, the Middle East and Europe. “Our vision is to be the leading […]