Asia Cargo Network starts its 135 million USD MENA operations from Bahrain

Asia Cargo Network (ACN) group, and MENA Aerospace, a Bahraini aviation services provider, announced the start of their operations in the MENA region from the Kingdom of Bahrain.

ACN as part of its growth plan has placed an investment worth 135 million USD to become the biggest shareholder in MAE Aircraft Management (the aircraft and management division of MENA Aerospace) with a 49% stake during the 2022 edition of the Bahrain International Airshow.

The partnership operations which will be under the MENA Cargo brand, the freight cargo subsidiary of MAE, will be fully managed by ACN moving forward as it holds an Air Operator’s Certificate (AOC) in Bahrain which allows for the expansion of routes to the MENA region.

The ACN-MEA strategic partnership deployed two units of B737-300F aircraft that are currently in operations across the MENA continents connecting the GCC and Africa. The Bahraini operator says that plans are on track to end the year with five additional freighter aircraft made up of few units of B737-800F and B767-300F aircraft that will provide the connectivity between the Middle East, Africa, all of Asia and European markets.

These long-range wide body B767-300F aircraft will increase Bahrain airport’s cargo activities with transshipments from all over the world before regional distribution is performed with the operator’s own narrow body freighters. The partnership is targeting to become the main cargo operator and develop extensive network cargo flights within the region to support the growing demands and enhance Bahrain airport’s presence as a regional hub.

“We are excited to start our MENA operations in Bahrain. The Kingdom’s advanced infrastructure and its strategic location at the crossroads between Asia, Africa, and Europe will play a vital role in ACN’s growth plans to expand and serve our customers in the MENA region and beyond.”

Iman Marco, Managing Director, MAE Aircraft Management

“We are pleased to see key transport and logistics players call Bahrain home to benefit from the Kingdom’s competitive advantages such as our free trade agreements with 22 countries, best-value operating costs for a logistics business in the region, superb infrastructure, and strong connectivity by air, land and sea.”

Ahmed Sultan, Executive Director for Business Development of Manufacturing, Transport and Logistics at Bahrain Economic Development Board

The Kingdom of Bahrain has made the logistics sector a priority under its Economic Recovery Plan, which aims to position the Kingdom as one of the top 20 global destinations for logistic services and increase the sector’s GDP contribution in 2030 to 10 percent from 4.7% percent.

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