Dublin, Eire-based aviation financing specialist Avolon has agreed a deal to lease six Boeing 737 Max plane to Moroccan flag service, Royal Air Maroc.
The 737 Max 8 plane will be part of Royal Air Maroc’s fleet of 59 plane and makes the airline Avolons’ latest buyer.
The primary two plane have already been delivered, with the remaining 4 to be delivered later this yr and early 2026.
Paul Geaney, President and Chief Industrial Officer, Avolon stated: “We’re excited to welcome Royal Air Maroc as a brand new buyer to help their formidable progress plans. Africa is predicted to be one of many quickest rising areas for aviation over the following twenty years, with the community growth enhancing enterprise progress and social improvement. As one of many main carriers within the North Africa, Royal Air Maroc will play an essential position in driving this progress, and we stay up for working collectively on future alternatives.”
Abdelhamid Addou, Chairman and Chief Government Officer, Royal Air Maroc added: “This settlement with Avolon represents a big milestone within the execution of our 10-year “Progress Program”. The arrival of those 6 Boeing 737-8 MAX plane not solely will increase our operational capability but in addition accelerates our transformation from a regional service into a world connector linking Africa with the remainder of the world.
“These plane, with their improved effectivity and passenger consolation, will allow us to strengthen our competitiveness, develop our community, and supply a journey expertise that meets the very best worldwide requirements. They’re a vital part in our ambition to serve 32 million passengers yearly by 2037 and to place Royal Air Maroc among the many main international airways.”
Africa is experiencing sturdy site visitors progress of round 6% per yr, and it’s estimated that round 1,200 plane shall be added to the continent’s business fleet by 2044.
Royal Air Maroc flies to 98 locations throughout Africa and different worldwide locations.
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