The aircraft maintenance company signs an agreement with the Investment Authority to adopt a private free zone
On February 07, 2018, an agreement was signed between the Professional Aircraft Maintenance Company and one of the companies of the Jordanian Aviation Group with the Investment Authority for the approval of a free zone in the presence of His Excellency the Minister of State for Investment and Head of Investment Authority Muhannad Shehadeh.
"The establishment of an aircraft maintenance centre in the Queen Alia International Airport free zone and the presence of aircraft maintenance projects in the Kingdom is a step towards investing in the right direction," Shehadeh said during the signing ceremony.
Shehadeh added that creating a cluster trend related to the aircraft maintenance industry, such as the establishment of technical and academic institutes, air freight lines and passenger transport through the empowerment of Jordanian expertise and talent, creates opportunities that are economically feasible and contribute to the exploitation of national ideas and nationalities.
In turn, Al-Khashman appreciated the government's support for the investment sector, particularly with regard to investment in the aviation sector and aviation, referring to the role of the Investment Authority and the Civil Aviation Authority.
Al-Khashman said that the professional aircraft maintenance company is a company owned by Jordan Aviation Company and that it has been approved and approved as a private free zone to create a new competitive market for the aircraft maintenance industry to attract European and North African airlines and neighboring countries to carry out maintenance work for aircraft operated by Which helps and contributes to supporting the national economy and creating jobs for the young women and youth of our dear Jordan.
He added that the company established in 2015 with Jordanian efforts and arms, and today it is using 25 dunums of land at Queen Alia International Airport with an investment of 17 million dinars. The company currently employs 300 employees of Jordanian technical expertise and staff. Which will ensure the maintenance of aircraft of the European Union countries and will qualify the company to expand its investment and build an additional maintenance, which will lead to an increase in the number of employees from nearly 400 employees, bringing the total number of employees to 700 employees by the end of 2019.
Jordan Air is a wholly-owned Jordanian private company with local Jordanian investments. It was established in 1998 as the first private sector airline in the Arab world. The company currently has 14 Airbus and Boeing aircraft.