Saudi Aerospace Engineering Industries (SAEI) is constructing a 12-bay hangar scheduled to open in the first quarter of 2016 that will provide the capacity the MRO needs to grow its third-party maintenance business. By 2017 or 2018, the MRO in Jeddah is hoping to achieve revenue increases of 40% as it sells its services to Middle East and North Africa civil operators, says Ribhi Al-Husseini, director of technical sales and marketing. SAEI, which sold a 30% stake to Saudi company ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Saudi Aerospace Engineering Plans Big Growth".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.