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BAC signs a slew of agreements: The Bahrain Airport Company (BAC) inked a number of agreements with key logistics players, including DHL, Ryanair, Ajex and Asia Cargo at the Bahrain International Airshow in a bid to boost facilities and services at Bahrain International Airport (BAH).
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Here’s what we know:
- BAC + DHL to establish MRO facility: BAC inked a 25-year Heads of Terms agreement with logistics solutions provider DHL Express. Under the agreement, the pair are slated to develop the region’s largest Maintenance, Repair and Overhaul (MRO) facility at Bahrain International Airport. (Statement)
- Ryanair inks MRO land lease agreement: BAC signed a land lease LOI with budget airline Ryanair to develop an area for MRO activities at Bahrain International Airport. (Statement)
- AJEX nabs storage warehouse: Saudi Arabia-based express distribution and freight solutions provider AJEX Logistics Services inked an LOI with BCA to rent storage space at Bahrain’s Air Express Cargo Village. (Statement)
- Asia Cargo + Parcel Courier Services eye warehouse space: BAC inked an MOU to explore potential for logistics providers Asia Cargo and Parcel Courier Services to set up warehouse operations in Bahrain’s Air Express Cargo Village. (Statement)
- Leonardo to boost air navigation services: Bahrain’s Transportation and Telecommunications Ministry inked a contract with Italian aerospace, defense, and security firm Leonardo to upgrade surveillance and radar systems at Bahrain International Airport. (BNA)
