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17/06/2009 - Royal Air Maroc and AFI sign Share holder agreement to create JV MRO


Royal Air Maroc and Air France Industries today signed a share holder agreement to create a Joint Venture MRO platform at Casablanca Mohammed V International Airport. The Joint Venture (JV) will be owned 50/50 by both companies and be managed jointly.

The coming JV will strengthen the positions of Air France Industries and Royal Air Maroc in the European & African market by providing a dedicated MRO service to support A320 Family airframes. The business development will be supported by the Air France Industries - KLM E&M sales force. The platform will have two bays to handle medium-haul aircraft.

M. Driss BENHIMA, Chairman & CEO, Royal Air Maroc said: "Royal Air Maroc is honoured to combine its capabilities with Air France Industries. The mutual trust achieved between us over the past ten years and long term relationship are a definitive assets for the success of this JV. Furthermore, Our common view of the market and the potential of each company will allow us to meet airframe customer requirements".

Mr. Alain Bassil, President, Air France Industries, added: "Air France Industries is proud to join forces with Royal Air Maroc and to target new challenges together. We are convinced that our existing customers as well as several additional A320 operators will benefit from the proximity of the new competitive world class JV based at Casablanca Mohammed V Airport to develop closer relationships and new opportunities with us".

 
About Royal Air Maroc,

Royal Air Maroc fly over 38 countries and 70 destinations, and more than 1200 flights per week. With its 3 terminals, Casablanca's hub became the first African airport platform connecting between Africa and Europe, North America and the Middle East.

The Maintenance Center of Royal Air Maroc is in charge of maintenance and engineering support of the Group Royal Air Maroc aircrafts. It is also provides maintenance services for other operators.

The Center holds both FAA and EASA certifications. It can offer a range of services like maintenance repair and overhall (MRO), line maintenance, hydro-mechanical systems, maintenance of B737 classic and NG , B 757-200, ATR42 and A321, structural repairs, modifications and equipment supports.

About AFI KLM E&M

Air France Industries and KLM Engineering & Maintenance, which joined forces following the Air France KLM merger, are world-leading multi-product MRO (Maintenance, Repair, Overhaul) providers with a joint workforce of 14,000, offering comprehensive repair capability, integration expertise, component pool operational support and a powerful logistics network. Together they support more than 900 aircraft and serve upwards of 150 major international airlines.


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