Farsound Aviation sees continuous strong growth in Middle East
posted on Nov 9, 2015
Leading MRO supply chain and logistics company, Farsound Aviation is taking an exhibition stand at the 2015 Dubai Airshow in a bid to meet growing demand for its services from airlines and aerospace organisations in the Middle East. Farsound Aviation's recent buoyant sales figures in the Middle East and Asia are in line with the wider MRO industry's current trends for sustained financial growth and increasing custom across both regions. They demonstrate how the British-based company is successfully holding its own in two highly competitive aerospace markets.
Aerospace industry analysts are pointing to the Middle East commercial aviation MRO market as one of the fastest growing sectors of the global aerospace industry. It is currently growing at a faster rate than the rest of the world and experts anticipate that the region's MRO market will require 11.7 million maintenance man-hours to support its development by the year 2024. These predictions are based on Middle Eastern airlines increasing their fleets and expanding their markets as 2015 draws to a close.
Ahead of its attendance at the Dubai Airshow in November, Farsound Aviation has already been working to increase its Middle Eastern reach. In July, the company appointed Jameel Ul Rahman as Business Development Manager for the region. He is now building on and expanding Farsound Aviation's existing Middle East customers to increase its presence and reputation there.
Dave Skinner, Managing Director of Farsound Aviation, commented:
“The MRO sector is expanding in the Middle East faster than it is in Europe. Farsound Aviation continues to see an increase in demand from this region and that’s one of the reasons that we found it absolutely necessary to have a member of our team permanently based in this part of the world. This industry is getting busier and we’re following that growth.”
Farsound Aviation supplies and supports a number of the world's leading aero engine MRO organisations, as well as customers in the defence, marine and petrochemical industries. Representatives from the company will be available to meet during the Dubai Airshow on stand no. 2404. The bi-annual Dubai Airshow takes place this year at the DWC, a purpose-built site in Dubai, from 8 to 12 November 2015. 1,100 exhibitors are booked to attend from more than 60 countries and around 160 aircraft are expected to go on display. The Dubai Airshow offers unparalleled access to companies, products and services from across the Middle East and Asia and its website can be found at www.dubaiairshow.aero .
About Farsound Aviation
- Farsound Aviation, founded in 1979, is a leading supply chain and logistics solutions provider, stockist and distributor for the global aerospace industry with a client list that includes a number of the world’s leading aero engine MRO organisations.
- Responding to the specific needs of individual customers, Farsound’s range of bespoke services includes:
- Procurement consolidation
- Direct Line Feed (DLF)
- Scheduling and Long-Term Agreements (LTA)
- Vendor Managed Inventory (VMI)
- Based in Romford, Essex, Farsound exports approximately 80% of its products and services.
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