Bahrain Airport Company signs key partnership deal with MENA Aerospace
- Bahrain: Wednesday, January 19 - 2011 at 09:28
- PRESS RELEASE
Bahrain Airport Company (BAC) announced today that it has signed a unique and key agreement with MENA Aerospace to build and operate one of the region's large private and general aviation hangar complexes. The deal involves MENA Aerospace investing in the development of a dedicated general and private aviation complex at Bahrain International Airport (BIA) to provide comprehensive maintenance and support services to private and corporate aircraft.
In this complex, MENA Aerospace will operate as a one-stop-shop for its full suite of aviation services, with all services being offered under one roof - something not previously available in the region. These services will include comprehensive maintenance, avionics, installation, modification, aircraft parking and storage and a private taxi way and apron in a dedicated location at the airport, away from the passenger terminal.
Furthermore, the complex will be a fully European Aviation Safety Agency (EASA) compliant facility, adhering to the strictest quality, safety and security standards.
MENA Aerospace found the case to partner with BAC and invest in developing the complex compelling given the advantages of expanding its existing aviation operations in the Kingdom. The attractive standards and cost of living of Bahrain, the strategic geographical location of Bahrain and the competitive aircraft parking rates at BIA are a few such examples.
"This is a fine example of our strategy of partnership with key players and stakeholders in Bahrain's aviation industry," commented BAC CEO, Gordon Dewar.
"This partnership will bring a unique suite of services to the region and is a key milestone for BAC as we develop the commercial activities and value added services at Bahrain International Airport. Marking the first step in our Airport development, this deal highlights our commitment to establishing the best airport for Bahrain and fulfilling the objectives set by the Kingdom's Economic Vision 2030. We are looking for more partners to work with us in identifying and developing opportunities that bring valued added services at BIA," he continued.
"Certainly, this agreement represents a significant milestone in the development and progression of our business," said Dr. Mohamed Juman, MENA Aerospace Managing Director.
"MENA Aerospace's agreement with Bahrain Airport Company is a business partnership aimed to expand aviation services at the Airport. Furthermore, this aviation complex is the first step in MENA Aerospace's expansion plans in Bahrain. It also allows us to offer expanded services to our clients. We see this achievement as a great benefit for Bahrain's image in the aviation sector, and appreciate the diligence and hard work of our colleagues at Bahrain Airport Company."
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Wholly owned by Bahrain Mumtalakat Holding Company, Bahrain Airport Company (BAC) was established in 2008, to manage and operate the Bahrain International Airport and acquired this responsibility in March 2010.
BAC's core objectives are to elevate the role of Bahrain International Airport (BIA) as a contributor to the economy and further enhance the airport's status, infrastructure and facilities for the benefit of all stakeholders and users of the airport. BAC also optimizes the Airport's revenue streams by realizing its commercial value through both aeronautical and non-aeronautical activities.
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Posted by Nadeen El Ajou



