According to Amac News, The two-day event brings together leaders from the global aviation supply chain.
The exhibition will bring together more than 250 international exhibitors to collaborate, strategize and shape the future of the MRO and aircraft interiors industries.
Key announcements and signings on the first day of the event include GE Aerospace’s $10 million investment in two of its MRO facilities in the Middle East and FL Technics’ announcement to expand its operations in the UAE with the establishment of a maintenance station at Dubai World Central – Al Maktoum International Airport.
Airbus also released its services forecast for the Middle East for 2024-2043, announcing that commercial aviation services are moving towards more digital and connected operations.
Overall, services demand is forecast to reach $32 billion globally by 2043 (a 20-year CAGR of 4.5 percent), with the Middle East one of the regions experiencing the greatest growth.
On the first day, the “MRO Capacity Challenges in the Middle East” panel explored how key players can reduce downtime and optimize repair times to meet growing maintenance demand.
The panel was comprised of top industry names including Ziad Al Hazmi, CEO of Lufthansa Technik Middle East; Ahmed Bakadam, Head of Maintenance and Engineering at flyadeal; Fraser Currie, CEO of Yoramco; Mina Goyat, Senior Advisor at IPINT; and Daniel Hoffman, CEO of Etihad Engineering.
Daniel Hoffman, CEO of Alliance Engineering, commented: “The Middle East is well positioned to play a greater role in the global MRO landscape. Geographically, the region acts as a hub connecting Europe, Asia and Africa and is an ideal location for MRO expansion.”