TDT | Manama The Daily Tribune – www.newsofbahrain.com Texel Air Bahrain, Sierra Nevada Corporation (SNC) yesterday signed a Memorandum of Understanding for a strategic alliance to develop Middle East and International aviation opportunities. The agreement is for setting up
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Texel Air Bahrain, Sierra Nevada Corporation (SNC) yesterday signed a Memorandum of Understanding for a strategic alliance to develop Middle East and International aviation opportunities.
The agreement is for setting up a Special Purpose Vehicle to secure financing for Texel’s fleet and facilities expansion in Bahrain, with special provision to grow the Texel brand and AOCs into other identified areas of interest.
Fatih Ozmen, CEO of SNC, endorsed Texel’s growth strategy noting that 737- 800BCF is experiencing high demand in the global air cargo market.
Texel Air, based in Bahrain, has recently added a second 737-800 Boeing Converted Freighter (BCF) with a third aircraft entering conversion this December and a further two aircraft planned to enter service in 2023. John Chisholm, Chairman for Texel Air said, “We are pleased to see Bahrain as a launch pad for yet another aviation initiative, the first of its kind in Bahrain.”
George Chisholm, director of Texel Air said, “Appreciation also goes to our employees for their dedication and support that enables our company to continue growing during recent challenging times.”
