|11 February, 2019

Middle East's aerospace industry moving ahead

Many key aerospace industry players attending the event

Middle East's aerospace industry moving ahead

Dubai, UAE: Aircraft Interiors Middle East and MRO Middle East opened today at Dubai World Trade Centre (DWTC) with a Royal Tour of the event by H.E. Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation who took the time to interact with many of the 330 exhibitors to learn more about their products and services for the aviation industry.

With the aircraft interiors and the MRO markets both predicted to grow at above average CAGR rates, exhibitors at the event were keen to demonstrate their offerings to the attending airlines and potential buyers who had travelled from around the world to attend the co-located events.

Many key aerospace industry players attending the event saw it as an opportunity not just to meet suppliers and buyers but also to further relationships and announce new products. Magnetic MRO, a global provider of Total Technical Care for aircraft operators and lessors, and a Saudi MRO company First Premium for Support Services (FPSS) used the event to sign a Memorandum of Understanding (MoU) for joint EASA-compliant MRO operations in Saudi Arabia and the Region.  Risto Mäeots, the CEO of Magnetic MRO signed the agreement with Sheikh Ghassan Attar, the owner and CEO of First Premium for Support Services, to develop a wide range of high-quality level aircraft maintenance services in Saudi Arabia and across the region.

In addition, Magnetic MRO subsidiary EngineStands24 used MRO Middle East as a platform to announce the launch of its new engine stands hub in Dubai, UAE in cooperation with an Emirati aviation company Chabok Aviation. Situated near Al Maktoum International Airport, the new hub will be able to deliver engine stands to major world locations within just a couple of days or even hours. It will store stands for narrow-body aircraft engines, including those for CFM56-5A/B, CFM56-7B and V2500. The warehouse will also be supplemented with a range of wide-body aircraft engine stands in the near future.

“Dubai is a strategic location for us, since it is situated at the heart of one of the largest aviation markets. It is also an important step for both Magnetic MRO and EngineStands24, as we keep expanding into the Middle Eastern MRO market,” said Daiva Žemaitė, the Head of EngineStands24.

“Over the next decade, the Middle East is predicted to generate $100.6 billion in MRO requirements - 10% of the world’s total demand,” said Lydia Janow, Managing Director/Events & Tradeshows, Aviation Week Network. “MRO Middle East is the perfect place for companies in the industry to learn about opportunities, network with the entire buying chain and position themselves to be part of this future growth.”

“The innovation in the aircraft interiors industry is incredible,” says Caryn McConnachie, Aerospace Director of show organisers Tarsus F&E LLC Middle East. “With the fantastic products on display here at AIME and MRO Middle East, I’m looking forward to seeing the impact on the industry as it moves toward the future.”

The show opened the day after the MRO Summit took place, where keynote speakers and panellists gave attendees an insight into the regional industry dynamics in addition to opportunities and challenges facing the industry.

AIME and MRO Middle East continue tomorrow, 12 February, at DWTC. Visitor tickets are free to industry professionals and registration is live now on aime.aero.

-Ends-

For Tarsus F&E Middle East LLC, contact: Kate McGinley, PR Manager – T: +971 4603 3300 E: kate.mcginley@dubai.aero  

For Aviation Week, contact: Elizabeth Kelley Grace - T: +1-855-525-2899 E: Elizabeth@thebuzzagency.net  

Aviation Week’s MRO Middle East will once again be co-located with AIME, taking place 11-12 February 2019, at Dubai World Trade Centre (DWTC). MRO Middle East provides the ideal platform for suppliers and developers seeking to increase their presence in one of the fastest growing regions.

MRO Middle East features a two day exhibition for key professionals uniting airlines and suppliers to provide the perfect environment to network and discuss the latest trends, regulations and issue impacting this industry. http://mromiddleeast.aviationweek.com/ 

Aircraft Interiors Middle East (AIME) will again be co-located with MRO Middle East taking place 11-12 February 2019, at Dubai World Trade Centre (DWTC). The event showcases cutting edge designs, innovative cabin fittings and technological advancements for the region’s rapidly developing aviation market. AIME also features an innovative Airline Buyers Programme bringing together visitors and exhibitors in prescheduled one-on-one appointments, helping to maximise their show experience. www.aime.aero  

About Aviation Week Network

Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace and defense.  Industry professionals rely on Aviation Week for analysis, marketing and intelligence.  The product portfolio includes Aviation Week & Space Technology, AC-U-KWIK, Aircraft Blue Book, Airportdata.com, Air Charter Guide, Air Transport World, AviationWeek.com, Aviation Week Intelligence Network, Business & Commercial Aviation, ShowNews, SpeedNews, Fleet and MRO forecasts, global conferences and exhibitions in the MRO (maintenance, repair and overhaul) industry and aerospace & defense conferences.

Click here to learn more about Aviation Week MRO Events; follow @AvWeekEvents; and like us at facebook.com/avweek.

ABOUT INFORMA

Aviation Week Network is part of Informa, the international business intelligence, academic publishing, knowledge and events group. Informa serves commercial, professional and academic communities, helping them connect and learn, and creating and providing access to content and intelligence that helps people and businesses work smarter and make better decisions faster.

Informa has over 7,500 colleagues in more than 20 countries and a presence in all major geographies. It is listed on the London Stock Exchange and is a member of the FTSE 100.

About Tarsus F&E LLC Middle East

Tarsus F&E LLC Middle East is one of the most influential names in the aerospace industry's events sector, and which launched the very first Dubai Airshow in 1989, in conjunction with Dubai Civil Aviation Authority, Dubai Airports and the UAE Armed Forces.

Covering all aerospace-related events in the Tarsus portfolio, Tarsus F&E LLC Middle East has a long-standing relationship with the global aerospace industry, an in-depth knowledge of the market and a hard-earned reputation for delivering event excellence. Tarsus F&E LLC Middle East maintains offices in Dubai and London.

Other events organised by Tarsus F&E LLC Middle East include Dubai Airshow www.dubaiairshow.aero , Airport Solutions Global Series www.airportsolutions.com , Global Air Traffic Management (GATM) www.gatm.aero , Cargo Connect www.cargoconnect.aero , MEBAA Show Morocco www.mebaamorocco.aero , MEBAA Conferences www.mebaaconference.com , and MEBAA Show www.mebaa.aero .

© Press Release 2019

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