First Independent Mena Newspaper
An alleged US spy plane has been accused of breaching the airspaces of the Democratic Republic of Congo (DRC) and Uganda, raising concerns that it may have been involved in possible espionage in sensitive areas with oil facilities and military bases. Fresh details have now emerged in Ugandan media, showing the aircraft could have photographed […]
Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]
American company Spirit Aero systems is reportedly the major bidder for the acquisition of the two bombardier plants in Morocco and Northern Ireland, said on Friday Reuters, citing sources familiar with the matter. However, no deal has so far been sealed and the negotiations are still underway. Both the Canadian aerospace firm and Spirit […]
The Egyptian government has assigned a Bombardier-led consortium to build its monorail system in a contract valued at $4.5b. Bombardier and its partners, Orascom Construction and Arab Contractors, will build and maintain the system aiming to decongest the Egyptian capital and ease commute for its 20 million inhabitants. The system will be made of two […]
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 […]
Bombardier plans to sell off its plant in Casablanca, which will go to an airplane manufacturer that will keep jobs as well as production, Minister for industry and investment Moulay Hafid Elalamy said. The new owner will be a sub-contractor that will continue to supply bombardier with jet parts, he said, citing Airbus, British JKN […]
The Canadian aerospace firm Bombardier is to sell its aerostructures businesses in Morocco and Northern Ireland within the frame of the company’s new strategy aimed at consolidating all its aerospace assets into a single and integrated business. In a statement released Thursday, Bombardier announced “the strategic formation of Bombardier Aviation, consolidating all aerospace assets into […]
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 […]
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 […]
multinational aerospace and transportation company Bombardier said it will set up a rail factory in Morocco worth €60 million with a potential to employ 2000 people by 2020. The announcement was made by head of Bombardier activities in Morocco Taoufiq Boussaid, who was speaking at the Rail Industry Summit in Casablanca. He said that Bombardier […]