EgyptAir Maintenance & Engineering on March 1, announced the opening of its full-service maintenance, repair, and overhaul (MRO) facility at the Kotoka International Airport of the Ghanaian capital Accra.
The new hangar will support EgyptAir fleet operation in addition to providing line maintenance for Qatar Airways’ fleet operating at Accra, becoming its first third party customer at the station.
Yehia Zakaria, Chairman & CEO of EgyptAir Maintenance and Engineering commented on the new cooperation saying, “Our station at Kotoka Airport mainly serves EgyptAir fleet, while the cooperation with Qatar Airways in Ghana is an extension to the existing cooperation and the first step toward providing our services to the third party in the station. We aim at expanding our presence in the African continent and the Middle East through new footprint in many locations in the region to provide line maintenance support to our current and potential customers.”
The EgyptAir Holdings subsidiary currently has line maintenance services at Borg al Arab, Sharm El Sheikh and Luxor, in addition to line maintenance hangar at Cairo Airport providing maintenance services for Qatar Airways’ B777, B777 Freighters, B787, A330 and A320 family along with the A350 which has been recently added to its capabilities.
EgyptAir M&E entry to Ghana comes at a time when the global aircraft maintenance, repair and overhauling services market is expected to grow from $54.50 billion in 2021 to $59.93 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%.
The growth is attributed mainly to companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is also expected to reach $99.98 billion in 2026 at a CAGR of 13.7%.