SMG Consulting has signed a Memorandum of Understanding (MoU) with Saudi Excellence to explore the potential for the Advanced Air Mobility (AAM) industry and future mobility solutions in Saudi Arabia.
The AAM consulting firm and Saudi Arabian technology company will work together to provide new mobility solutions in the kingdom as well as discuss how local talent and resources can help advance the industry worldwide. The two sides will also support the Vision 2030 initiative, an economic and social reform blueprint in Saudi Arabia, and work with international leading AAM companies to enter the region.
The Saudi government is committed to investing US$100 billion in building a complete aviation ecosystem, with AAM being one of the fastest-growing aerospace markets.
“Our cooperation with SMG will allow us to combine their expertise in the Advanced Air Mobility ecosystem with Saudi Excellence Government and Enterprises network,” said Sheikh Abdullah bin Zaid Al Meleihi Chairman and Founder of Saudi Excellence.
“We see Saudi Arabia developing into one of the top world markets for AAM as it is working on becoming a leader in green energy, living and transportation with premier projects like NEOM and THE LINE. We are privileged to work with Sheikh Abdullah bin Zaid Al Meleihi and Saudi Excellence to help AAM grow in Saudi Arabia,” said Sergio Cecutta, Partner and AAM practice lead at SMG.
Do you want to be one of the first to read stories like this? Our newsletter features all of the top stories of the week condensed into one easy-to-read email. It’s fast and free to sign up, so click here to sign up now.
YE 2023
Business Aviation First To Fly: Dassault Falcon 6X Business Aviation CorporateCare Enhanced: Keeping Business Jets Flying See all articlesYE 2023
Civil Helicopters Other Civil Helicopter Fleet Report YE 2023 – Executive Summary Civil Helicopters eVTOL OEMS in Asia-Pacific See all articlesYE 2022
Civil Helicopters Helicopter Spotlight: Airbus H175 See all articlesYE 2022 - Europe
Business Aviation Luxaviation CEO Sees Deficiencies in Seemingly Buoyant Market Business Aviation Supporting Modern Time Machines See all articlesYE 2022 - MENA
Business Aviation DC Aviation Al-Futtaim Celebrates Ten Years in the Middle East See all articlesYE 2021
Business Aviation Market Trends – Business Jet Fleet Report YE 2021 Business Aviation 10 Year Forecast See all articles2021 Q3
Other Pre-owned Market Spotlight: Citation Sovereign/Sovereign+ – Asian Sky Quarterly 2021 Q3 See all articlesYE 2019
Civil Helicopters EVTOL News in Asia – Civil Helicopters YE 2019 Civil Helicopters Engine OEM Overview – Civil Helicopters YE 2019 See all articles© Copyright Asian Sky Group -2024 | All Rights Reserved