Launch of the Middle East Aerospace Consortium MEAC

MEAC has been established to develop and maximise opportunities for industry in the MENA region through networking, collaboration and mutual trade.

MEAC aims to deliver benefits to its members that will assist them in winning new business through networking events, business introductions and bespoke business development plans. It encourages members to engage with each other as well as providing access to the latest products and services. As membership expands, MEAC will act as an enabler to assist primes, airports, airlines, support services and regulatory authorities.

John Ellis, CEO of the MEAC commented:

"My vision is for the Middle East Aerospace Consortium to become recognised in the Middle East and Worldwide as the leading and largest regional aerospace consortium. The consortium aims to deliver benefits that assist its members in winning new business through MEAC networking events."

MEAC members will include airports, airlines and regulatory authorities from countries worldwide.
The consortium members offer products, services, training and expertise to companies wishing to do business in the rapidly growing Middle East aerospace market.

John Ellis added: "The Middle East is fast becoming the most important location for the global aerospace industry, containing six of the world's top twenty aviation growth markets.
With an estimated 8% share of worldwide civil aircraft deliveries in 2009 alone, there is no doubt that the Middle East aviation industry is bucking the economic trend and powering to the top of the world's league table of global aerospace hubs. Air traffic in the Middle East is expected to grow faster than any other region in the world over the next decade. Maintenance, Repair and Overhaul developments include new facilities at DWC, Abu Dhabi and many other Middle East locations. This includes the US $30 million new maintenance agency at King Khalid Airport, Saudi Arabia. Approximately $25bn is to be spent in the region's aviation sector on airport infrastructure projects, with countries such as Saudi Arabia, Qatar and the UAE leading the way."