A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector,generating annual revenue exceeding $ 2.8 billion.
The Spanish trade mission was organized by Andalucía TRADE,Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business and industrial cooperation between Andalusia and Morocco,two regions that stand out as major global players in the aerospace industry of the southern Mediterranean.
During their trip,members of the Andalusian delegation were informed about investment incentives in Morocco,visited training centers and held meetings with multinational aerospace companies and suppliers with a view of strengthening collaboration between the two industrial hubs.
Morocco has become a key partner of giants such as Boeing and Airbus. The country is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue.
The sector employs 26,000 skilled workers and produces fuselages,structural components,interior furnishings,and wiring systems for top-tier companies (OEMs and Tier 1 suppliers) such as Safran,Spirit AeroSystems,Collins Aerospace,Daher Hextar,and EADS (Airbus Group).
Two weeks ago,Safran launched construction works in Casablanca of new LEAP engine maintenance,repair,and overhaul (MRO) facility. It will support the rapidly increasing demand for CFM International LEAP engines,which power the majority of new-generation single-aisle commercial jets — especially the Airbus A320neo and Boeing 737 MAX.
Safran has also chosen Morocco for its new assembly line for LEAP-1A engines dedicated to Airbus aircraft. Overall,the French group is investing more than 350 million euros in Morocco in the two new LEAP engine facilities and the extensions.
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