Aero Gulf Group is Set to Power up its Specialist CFM 56 Engine MRO Facility in Sola, Norway

The Bahrain based Aero Gulf Group announces that the newly named Sola Engine Centre in Norway, which was purchased from Pratt & Whitney late 2013, can now deliver global operators of CFM 56 ® engines exceptional, industry recognised EGT margin and quality, through the  investment, reorganisation and streamlining that has underpinned the Group’s strategic acquisition. It forms the cornerstone of a growing aviation portfolio that will build on the reputation and skills across the region.
There has already been phenomenal growth in the Middle East, but this is set to increase exponentially as new aircraft orders arrive” adds Ghanim Mubarak Al Kuwari, Director of Aero Gulf Group and responsible for all investment programmes focusing on Islamic finance.  “Fleet growth is forecast at 5.9% CAGR (Compound Annual Growth Rate) to 12,219 in the next 10 years and that is 45% of the global fleet.  Alongside this, Middle East MRO spend is forecast to grow at 9.4% CAGR, well above the global average, driven primarily by the high rate of twin-aisle fleet growth in the region.  Total MRO spend in 2021 will be $6.8billion, so the MRO market is set to double.

Aero Gulf Group was founded in 2012 and is based in Bahrain.  The core business divisions comprise aviation, hospitality and real estate, food processing and catering.  This independent group is driven to develop and nurture customer focused solutions that combine integrity with service delivery in a continuous pursuit of excellence