Reported 26 days ago
Brazilian aircraft manufacturer Embraer has signed a preliminary agreement to invest in Morocco’s civilian and defense aerospace sector, which includes establishing a maintenance and repair center. This investment is expected to enhance Embraer's opportunities for securing contracts from Moroccan airline RAM, as RAM aims to expand its fleet significantly over the next 14 years. The Moroccan government is actively promoting investments in aerospace to replicate the success seen in its automotive industry.
Source: YAHOO