Aviation news analysis
50 SKY SHADES - World aviation news

Ethiopian signs MoU with Aerosud Group

Download: Printable PDF Date: 18 Jul 2016 13:31 categories:
Publisher:
Ethiopian signs MoU with Aerosud Group - Airlines publisher
Krista Kuznecova
Country: Ethiopia Aircraft: Airplanes

Ethiopian airlines has today signed a memorandum of understanding (MoU) with Aerosud Holdings, a prominent South African Aerospace Manufacturing company, at a ceremony held at Ethiopian Headquarters on July 15, 2016.

The MoU is aimed at establishing a joint venture Aerospace Manufacturing company that manufactures and supplies various aircraft parts to Boeing, Airbus and other Aerospace companies.

Mr. Tewolde GebreMariam, Group CEO Ethiopian Airlines, remarked, pursuant to our government’s industrialization policy embedded in the five years Growth and Transformation Plan (GTPII), we have reached into an agreement with Aerosud Group to establish and develop labor-intensive Aerospace manufacturing Industry. It is my sincere belief that, the establishment of these facilities will surely create significant job opportunities for the young, educated task force and be another face of the industrial park development task that is being carried out in the Country. The manufacturing facilities, that will be set up in due course, are expected to be located in the vicinity of Bole International airport for good reasons of economy of scale and ease of import/export transportations. At last, I would like to thank all who worked hard towards the conclusion of this agreement.”

Mr. Johan Steyn ,Managing director of Aerosud Group, commented ” we are happy to establish this joint venture with Ethiopian airlines and we would like to share Aerosud’s long years of experience working with major Aircraft Manufactures such as Boeing and Airbus and help Ethiopian in the development of the aerospace manufacturing industry in the Country”

In a feasibility study to determine potential areas of manufacturing, Ethiopian has held rigorous discussions with Aircraft manufacturing companies such as Boeing, Bombardier and other aerospace manufacturing companies.



Loading comments for Ethiopian signs MoU with Aerosud Group...


Recommended

Turkish Aerospace sets its sights on cooperation opportunities with Indonesian Local Industry participation

Turkish Aerospace, Turkey’s center of excellence in defence and aerospace industries held a workshop on August 14th, 2018 in Jakarta with an extensive participation of Indonesian Defence and Avi...

VRT500 helicopter passed first stage of aerodynamic tests

The first stage of the aerodynamic tests of the light-weight multi-purpose VRT500 helicopter has been completed at the facilities of the Central Aerohydrodynamic Institute (TsAGI). The aircraft is a n...

Russia’s Ilyushin aircraft maker to spend some 3.5 bln rubles to modernize An-124 jet

Russia’s Ilyushin aircraft maker plans to create the modernized version of the Antonov An-124 heavy-lift transport plane at the cost of almost 3.5 bln rubles (over $52.5 million at the current e...

Centrik takes London Oxford Airport to new certification heights

London Oxford Airport has adopted Centrik as its operational management system, playing an invaluable role in assisting the airport to join a select club of IS-BAH Stage II accredited support operatio...