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Eve Air Mobility and Saudia Technic Sign Memorandum of Agreement (MoA)

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London, 22 May 2024, (Oilandgaspress) –Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) and Saudia Technic, the leading MRO service provider in the Middle East, have announced today during the third edition of the Future Aviation Forum in Riyadh, Saudi Arabia, the signature of a Memorandum of Agreement (MoA) to explore the potential demand of Maintenance, Repair and Overhaul (MRO) activities for electric vertical take-off and landing (eVTOL) aircraft in the region. The agreement includes eVTOL MRO training and the evaluation of the infrastructure requirements and processes for the potential reassembly of Eve’s eVTOL in Saudi Arabia.During the signing ceremony at the event, Ramy Nasralla, Saudia Technic’s Head of Commercial, stressed the strategic fit of their agreement with Eve Air Mobility and Saudia Technic’s vision and national aviation strategy. He highlighted the transformative impact of their MRO++ approach, which modernises maintenance practices with a comprehensive solution covering all aspects of aircraft maintenance. Through initiatives like ST Nova™, Saudia Technic boosts its service capabilities and paves the way for future innovations. Nasralla emphasised the double ‘+’ in MRO++, symbolising their commitment to global integration and Saudia Technic’s regional and global expansion aspirations, positioning itself as a major player in the international MRO arena.
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