First Independent Mena Newspaper
United Arab Emirates-based aero-structures manufacturing company is eyeing investment in Morocco to ease supplies to its European market. The announcement was made by the company’s CEO Badr Al Olama in a statement to Reuters. “We are looking for a country near Europe, I have mentioned Morocco,” Al Olama said. Strata is owned by Mubadala Aerospace […]
Morocco has made a major leap in developing aviation-related industries with the signing of a deal with Boeing to establish an industrial ecosystem offering conditions propitious for attracting component suppliers. The agreement was signed in the royal palace of Tangier by Moroccan trade and industry minister Moulay Hafid Elalamy and the chief executive of Boeing’s […]
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. […]
Morocco’s aeronautics industry sector which has constantly progressed since it was launched in the late nineties of the last century has attracted this week a € 45 million new investment. The investment will be injected by Aerolia, an Airbus Group subsidiary, and Alcoa, a global leader in lightweight metals technology, which has reoriented its activity […]
North Africa’s aviation companies are engaged in a battle to dominate the skies. The latest move to increase its effectiveness in the skies emanates from Air Algerie. The company boosted its fleet with the signing of three 250 seat Airbus passenger jets and eight 150-seat jets from Boeing, company officials said. The deal is worth […]
Ryanair is in talks with Libya, Egypt and Tunisia about their markets after predicting a 3-4% growth this year. The company is Europe’s biggest low-cost airline. Its growth will be slower during this year but expects a passenger increase of up to 82.5 million in the year to March 2014 according to its chief executive […]
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 […]