The “MoU” (Memorandum of Understanding) signed between the Vallair group and Saudi Arabia aims to develop the aviation sector in the kingdom and in particular the air maintenance sector.
The Vallair group took advantage of the Dubai Air Show to formalize the signing of a memorandum of understanding (MoU) with the National Industrial Development Center, acting in place of the Kingdom of Arabia, to set up a cooperation aimed at developing the aviation sector in the kingdom and the Middle East region.
MRO, a complementary aspect of the development of the Saudi aviation sector
The agreement aims more specifically at the establishment of joint work teams to develop an aerial maintenance activity on single-aisle aircraft, the dismantling of aircraft, repair and spare parts workshops, paint workshops and training covering all of these activities. Saudi Arabia is engaged in a vast program to develop its industrial activities and in particular its aviation sector, called “Saudi Arabia Vision 2030”, which should allow it to gradually reduce its dependence on oil revenues.
Grégoire Lebigot, CEO of Vallair Group, said the company would be proud to share its rich and diverse aeronautical heritage and expertise, particularly in relation to the design and construction of world-class MRO hangars and the integrated workflows that can be generated. “The Center is an industrial thought leader at the forefront of innovative industrial concepts in Saudi Arabia and successfully pioneering end-to-end business development and industrial sector activation. She strives to co-create solutions with key stakeholders, like Vallair, through her collaborative approach.”