Posted on: 09 November 2015 by Ross McSweeny
Cairo Aviation, an affiliate of KATO Investment Purchasing, has agreed to acquire six Irkut MC-21 aircraft with options for a further four of the type.
The head of KATO Investment, Dr Ibrahim Kamel and Oleg Demchenko, president of Irkut Corporation, signed the agreement to develop this development for the MC-21 project.
At the initiative of Dr Kamel, the two companies are considering the establishment of a regional MRO centre for the MC-21 near the Al Alamain International Airport, 184 km away from Cairo. The centre will provide additional provisions for the promotion of the MC-21 to countries in the region.
KATO Investment is a private investment holding with a diversified business in Egypt and abroad. The holding company specialises in the manufacture of consumer goods, as well as agriculture, tourism, air transport and airport operations. Cairo Aviation currently operates aircraft from the Tu-204 family.