[In Trade Magazine] The pivotal cargo partnership agreement was signed at the Bahrain International Airshow, by ACN Group CEO, Marco Isaak and Founder and Managing Director of MENA Aerospace, Dr Mohammed Juman. Under the agreement, ACN plans to base six of its cargo planes in Bahrain and the GCC where it will serve the market in the MENA region as well as cargo routes into and from it.
ACN will be a shareholder with a 49% stake in MAE Aircraft Management WLL with this significant FDI investment into Bahrain. The investment consists of capital, asset deployment, management services and expertise. The partnership facilitates expansion and growing global reach of cargo services beyond Southeast Asia and the Middle East.